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36Kr (EN)

Highlights from the past week, as well as something cool for the weekend.

KrASIA Weekly Roundup | KrASIA

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KrASIA Weekly Roundup

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

KrASIA

I'm Xiaochun with KrASIA [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

https://secure.gravatar.com/avatar/760c9db0d4ccfee316355af963bfcbc0?s=96&d=mm&r=g

Xiaochun Zhao

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

Transportation

China is the world’s largest EV market and Tesla holds a 3 percent market share.

Tesla Lags Behind Its Plan to Capitalize on China’s EV Market, Struggling to Land Shanghai Factory | KrASIA

Tesla Lags Behind Its Plan to Capitalize on China’s EV Market, Struggling to Land Shanghai Factory

Momo might be in urgent need of diversifying its revenue sources.

Deals | China's New Dating App Giant Emerging: Nasdaq-Listed Momo to Acquire Tinder-Like Tantan | KrASIA

Deals | China&#8217;s New Dating App Giant Emerging: Nasdaq-Listed Momo to Acquire Tinder-Like Tantan

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

China’s ride-hailing companies are likely to ignite another price war

Meituan-Dianping to Launch Ride-Hailing Services in Shanghai | KrASIA

Meituan-Dianping to Launch Ride-Hailing Services in Shanghai

Plus, Amazon plans to open as many as six more cashier-less stores this year. Toutiao has reportedly acquired augmented reality-based selfie app Faceu for USD300 million.

KrAsia Daily: Uber Set to Invest Aggressively in SE Asia | KrASIA

KrAsia Daily: Uber Set to Invest Aggressively in SE Asia

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Faceu is China’s #3 beauty camera app by market penetration rate.

Deals | Toutiao Acquired AR-Based Selfie App Faceu to Keep Diversifying | KrASIA

Deals | Toutiao Acquired AR-Based Selfie App Faceu to Keep Diversifying

Plus, Bukalapak is exploring pros and cons in IPO and fundraising. Xiaomi has opened its first authorized store in the Philippines. 

KrAsia Daily: Uber Launches Express Pool to Offer Cheaper Fares | KrASIA

KrAsia Daily: Uber Launches Express Pool to Offer Cheaper Fares

Gojek is a transportation network company and logistics startup company based in Jakarta, Indonesia.

Gojek

Plus, Didi Tests Driverless Cars on Public Roads. Instacart raised funding to defend against Amazon.

KrAsia Daily: Astra International to Invest $150 million in Go-Jek | KrASIA

KrAsia Daily: Astra International to Invest $150 million in Go-Jek

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

If the deal goes through, Alibaba, Tencent and Toutiao will be respectively backing the top 3 news aggregators in India, UC News, NewsDog and Daily Hunt.