Xiaochun Zhao

The two leading players in the SE Asian transportation market tie up for the increasingly fierce competition in the field.

Plus, Alibaba-backed HelloBike is about to complete its new financing round of over US$ 1 billion. Uber Eats has acquired Ando.

As Chinese users are used to subsidies, free trials, and coupons, having Alibaba, or its adequate capital behind its back, Hellobike is likely to take on the already fierce fight with top players in t

Plus, Thailand’s CP Group plans to invest $156.8m in India over five years. WeChat rolled out its first staff-less pop-up store in Shanghai.  

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

Ant Financial becomes a minority shareholder of Hong Kong-based dining guide platform OpenRice.

Behind the scenes of the yet-to-close Ofo-Alibaba deal.

Plus, Uber Singapore and ComfortDelGro (CDG) launched their low-cost ride-hailing service UberFLASH. Xiaomi and Shunwei Capital invested in Indian social networking platform ShareChat.