NewsKrASIA Weekly RoundupHighlights from the past week, as well as something cool for the weekend. 3 mins read
Didi’s strategy for globalization is backed by its $12 billion cash reserves. InsightsAnalysis: By Acquiring Brazilian 99, Didi Sets a Foothold in Latin America, Where Escalated War Between Uber and Didi Is Expected3 mins read
Plus, South Korean ride-sharing startup SoCar, is set to launch its service in Malaysia. Spotify reported having filed IPO documents with the SEC. NewsKr-Asia Daily: Didi Acquires Brazilian Taxi and Car-Hailing Company 994 mins read
The company plans to use the proceeds to further improve its technology. NewsDeals | Self-Service Sockets Provider Suxian Cloud Lands $2.3M Funding, Tapping into WeChat-Based Management System2 mins read
I-xiaoma is not a payment services provider, but a smart public transportation solutions provider. NewsDeals | Ant Financial Invest in Startup I-xiaoma Who Makes Digital Payment on Buses Totally Offline3 mins read
Plus, Faraday future reported having secured $1 billion investment. Spotify is reportedly poised to get listed within a year. NewsKr-Asia Daily: The Proposed Merger between Uber Subsidiary and ComfortDelGro is Being Reviewed4 mins read
Will you nod to the idea of in-boot delivery? NewsTencent, Baidu, And JD-Backed EV Maker Nio Launches in-Car Delivery Service3 mins read
Plus, Global Logistic Properties (GLP), claimed that it had established two new European funds. Y Combinator invests in SendBird, a company that provides chat API. NewsKr-Asia Daily: Didi Chuxing mopped up $4 Billion Investment to expand in AI, global market presence and EVs4 mins read
