On-demand Services

Plus, A court in Singapore ruled portal 99.co had partially breached an agreement with PropertyGuru. Musical.ly blocked hashtags related to self-harm or eating disorders.

The deal would be similar to the one Uber made with Chinese ride-hailing service Didi Chuxing back in 2016, when Uber sold its China unit to Didi and took a stake in Didi for return.

Plus, Nasdaq-listed YY.Inc’s game streaming unit Huya lands strategic investment worth USD 461.6 million from Tencent. Japan punished seven cryptocurrency exchanges.

Go-Jek plans to expand to the Philippines in early 2018.

Plus, China Securities Regulatory Commission is exploring to allow foreign-listed tech companies to relist in the country through financial certificates. BigBasket adopts Alibaba’s offline strat

Meituan-Dianping is reportedly launching ride-hailing service in 7 major cities in China.

Tencent-backed Meituan-Dianping has turned a slew of local tech giants into nemesis as it keeps expanding its scope of businesses.

Alibaba is rumored to pump in US$ 9.5 billion to fully acquire food delivery startup Ele.me.