China

Ke Holdings raised USD 2.1 billion in its IPO, at a price of USD 20.

The B2B company has 50,000 employees, 13 chartered cargo planes, and 17,000 trucks handling more than 300,000 orders daily in 500 cities in China.

Moka has more than 700 paying clients, including Didi, Xiaomi, Fosun, Sogou, Alibaba’s logistics unit Caijiao Networks, McDonald’s China business, and China Pacific Insurance.

AIdriving provides various advanced driving assistance systems, driver status monitor systems, and cloud platforms for more than 300,000 vehicles in China.

The country’s electric battery recharging or swapping sector has been drawing venture capital recently.

JD.com aims to develop its neighborhood group-shopping, on-demand delivery, and retail-plus service.

Hong Kong-headquartered Store Friendly has been operating in Singapore for over a year.

The two companies have been cooperating on movie production since April 2017.