KrASIA Weekly: ZTE in State of Shock after US ban; DJI Ditching Traditional Fundraising
Here are some stories and ideas from the past week that you shouldn’t miss.
Does a monopoly lead to worse user experience?
Meituan-Dianping is slowly gaining popularity in ride-hailing
Alibaba Acquires Chinese Chip Maker to Lower Dependence on Outside Suppliers
Alibaba has invested in 6 Chinese chip companies.
Mobike Gets Hold of a New EV For Its Car-Sharing Service
Mobike started its car-sharing services in December 2017.
Is Ofo Backing up Singapore’s GSELab Just a Rumour?
Ofo launched cycling reward system with GSELab using blockchain technology
Ant Financial, Xiaomi, and Saudi Aramco Highly Likely to List in Hong Kong, Says HKEX Chief Executive
Companies can apply to list in Hong Kong on April 30.
Tencent Launches Google Docs-Like Tool to Rival Alibaba and Toutiao in Enterprise Services
Toutiao has invested twice in online document tool Shimo in 2017.
Tencent Invests $4.8M in Gaming Influencer Agency, Completing its Game-Streaming Matrix
Xiaoxiang Huyu is Tencent’s first move in game MCN (Multi-Channel Network) and its third investee in game-streaming after Douyu and Huya.
KrASIA Daily: Baidu Teams up with Meituan-Dianping, Launching Self-Driving Food Delivery in China soon
Plus, ComfortDelGro acquires Dial-a-Cab. The number of Amazon Prime members tops 100 million.
Alibaba Investing in China Rural Ecommerce as Urban Growth Plateaus
Alibaba's archrival JD is also eyeing new opportunities in rural e-commerce.
Singapore ComfortDelGro Acquires London Taxi Operator for UK Expedition
The Singapore-headquartered company operates in 6 countries.
Xiaomi Just Made the Third Attempt at Blockchain
Xiaomi, Baidu, and NetEase have all kicked off their respective crypto pets.