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Deals | Alibaba-backed HelloBike to Complete $1B New Financing, Fueling Rivalry with Mobike & Ofo

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

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

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    Alipay’s Scramble for the Mobile Payment Market in Hong Kong

    2 mins read

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