Xiaochun Zhao

Tencent-backed Meituan-Dianping has turned a slew of local tech giants into nemesis as it keeps expanding its scope of businesses.

Plus, Shopee allows users in Singapore to shop from Chinese sellers without shipping and agent fees. Uber announced Uber Health.

Plus, NIO is reportedly planning for a US IPO. Uber’s Frances Frei is leaving the company. 

The startup is valued at RMB 1 billion post-funding.

IQiyi plans to raise USD 1.5 billion at a valuation of USD 10 Billion.

Plus, two Singaporeans on trial who has posted unauthorized short-term rentals on Airbnb pleaded guilty. Amazon agrees to acquire Ring.

Singapore’s Bluzelle is among the six startups chosen as members of the first cohort.

Plus, East Ventures is planning a USD100 million fund. Apple is preparing to release a trio of new smartphones later this year.