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Self-service “public fridge” gaining traction: IDG Capital and Sinnovation Ventures co-lead over $10m round in Zailouxia

Zailouxia deploys staffless selling machines in residential communities.

Deals | Post bike-sharing frenzy, this startup raises $10M from IDG to test fridge-sharing in China | KrASIA

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Deals | Post bike-sharing frenzy, this startup raises $10M from IDG to test fridge-sharing in China

Spotlighting Asia&#039;s next wave of innovations.

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KrASIA Writers

Today’s Tech Headlines: Grab & Uber face risk of fines; Douyin to partner with MCNs

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

All you need to know about what happened in the tech world today.

Today’s Tech Headlines: Grab launches Grab Ventures; Alibaba invests in Babytree | KrASIA

Today’s Tech Headlines: Grab launches Grab Ventures; Alibaba invests in Babytree

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Today’s Tech Headlines: Grab teams up with Cargo; Tokopedia loses top executive | KrASIA

Today’s Tech Headlines: Grab teams up with Cargo; Tokopedia loses top executive

Today’s Tech Headlines: Ofo pulls out of Australia; Malaysia regulates ride-hailing companies

Today’s Tech Headlines: Alibaba invests in Xiaohongshu; Oppo in talks to invest in Indonesia's Baca | KrASIA

Today’s Tech Headlines: Alibaba invests in Xiaohongshu; Oppo in talks to invest in Indonesia&#8217;s Baca

SoftBank China-backed logistics startup seeks to make last mile delivery service profitable

SoftBank Group Corp. is a holding company that engages in the management of its group companies which provides information technology and telecommunication services. It operates through the following segments: Mobile Communications, Sprint, Fixed-line Telecommunications, Internet, and Others. 

Softbank

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

Founded in May 2014, Zhijian Shenghuo Pai claims to be China’s largest last mile delivery network company.

Deals | SoftBank China-backed logistics startup seeks to make last mile delivery service profitable | KrASIA

Deals | SoftBank China-backed logistics startup seeks to make last mile delivery service profitable

Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

Today’s Tech Headlines: Lazada appoints new CEO for Thailand operations; Ant Financial lifts funding target to over $12 b | KrASIA

Today’s Tech Headlines: Lazada appoints new CEO for Thailand operations; Ant Financial lifts funding target to over $12 b

Today’s Tech Headlines: Daimler led Uber rival Taxify’s $175 m round; WhatsApp payment services to be available in India | KrASIA

Today’s Tech Headlines: Daimler led Uber rival Taxify’s $175 m round; WhatsApp payment services to be available in India

Fundraising is key for Chinese aerospace startups to survive as competition intensifies

A batch of new companies have entered the space industry, thus intensifying the competition.

Fundraising is key for Chinese aerospace startups to survive as competition intensifies | KrASIA

This IDG-backed startup aims to replicate the Toutiao success in burgeoning Middle East market

IDG Capital and Tencent-backed Kuaishou invested in OneMena.