Xiaochun Zhao

Plus, Nasdaq-listed YY.Inc’s game streaming unit Huya lands strategic investment worth USD 461.6 million from Tencent. Japan punished seven cryptocurrency exchanges.

Plus, Amazon to offer a cheaper Prime membership program. Singapore’s Electrify raised $30 million via token sale.

Google, Tencent, Amazon have all bet on the booming game streaming space.

Plus,  Ola is in talks with investors including Temasek to raise USD 500 million- 1 billion. Jack Ma is the #20 richest man in the world according to Forbes The World Billionaires.

Go-Jek plans to expand to the Philippines in early 2018.

Plus, China Securities Regulatory Commission is exploring to allow foreign-listed tech companies to relist in the country through financial certificates. BigBasket adopts Alibaba’s offline strat

Overseas listed companies expect to cash in at a higher valuation after relisting in China.

The fresh funding is expected to help solve some of Ofo’s most pressing needs and escalate the competition with Mobike.