Alibaba

Plus, Ofo reported having secured a funding round led by Alibaba and Ant Financial. Lyft teamed up with autonomous driving technology provider nuTonomy, starting a pilot scheme in Boston.

And where is bike sharing heading?

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

Alibaba may kicked off an investment frenzy to create barriers to other major contenders in the AI race.

The buzzword of the world has changed from “connection” to “efficiency” as the industry waves goodbye to fintech 1.0 and ushers in the age of fintech 2.0.

Plus, Singapore’s stock market sees the biggest inflow in a decade. Uber is close to sell its $10 billion shares.