Xiaochun Zhao

What makes Meipian stand out is a target market consisting primarily of middle-aged users and the ability to achieve high growth by taking advantage of established social networking platforms.

Plus, Regional VC firm Gobi Partners expands ASEAN team with two new VPs. Uber is studying a subscription model for UberEats, its food delivery service.

Plus, Bitcoin started the year by tumbling. Salarium teamed up with Unionbank of the Philippines to develop the blockchain wallet.

News and features that prepare you for the upcoming new year, as well as a video that shows a simple version of Harry Potter’s invisibility cloak.

Plus, Apple apologized for throttling phones by a software update.

Plus, Japan’s Mitsubishi UFJ Financial Group (MUFG) plans to buy a majority stake in PT Bank Danamon Indonesia. Apple saw a 26% decrease in profit in the third quarter.

The bike-sharing startup had just closed a $350 million round led by Alibaba’s affiliate Ant Financial earlier this month.

Plus, UrWork, the leading co-working space operator in China, has rebranded into Ucommune. Uber has agreed to sell its auto-leasing subsidiary Xchange to startup car marketplace Fair.com.