On-demand Services

China’s largest ride-hailing company is planning to buy over one million second-hand vehicles from online car marketplace Renrenche.com.

China’s ride-hailing companies are likely to ignite another price war

Plus, Amazon plans to open as many as six more cashier-less stores this year. Toutiao has reportedly acquired augmented reality-based selfie app Faceu for USD300 million.

“Compared with having couriers claim orders themselves, assigning orders to them allows the company to plan the optimal route for each order and improve efficiency.”

Plus, Didi Tests Driverless Cars on Public Roads. Instacart raised funding to defend against Amazon.

As a latecomer to self-driving technologies, Didi has a different edge in the market: its huge data bank.

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

Meituan-Dianping is itself a leading player in China’s food delivery scene.