OYO will compete with key players in Europe’s vacation rental market like 9flats, Airbnb, Expedia, and FlipKey. NewsIndia’s OYO invests USD 330 million to boost its European presence2 mins read
The Beijing-based long-term investor’s holdings in these companies reached USD 837.2 million. NewsHillhouse Capital bets bigger on mobility with new stakes in Tesla, Uber and Nio2 mins read
The fitness industry has taken China by storm and it’s known for being able to produce hardware at low cost. NewsChinese home fitness startup Fiture raises USD 6 million from Sequoia Capital China3 mins read
Sina, Weibo, and YY are also on the list. NewsChina’s social network platform Momo tops Fortune’s 100 fastest-growing companies, beating Netflix, Amazon and Facebook2 mins read
On the other hand, the U.S. e-tailing giant’s home market offline push with Whole Foods has been a dud. NewsAmazon close to buying stakes in India’s third-largest retailer Future Group to go offline2 mins read
The country’s largest search engine is making all efforts to fence against ByteDance’s upcoming challenge. NewsBaidu claims number of daily active users for its search app surpass 200 million2 mins read
Some consumers may be unconcerned but experts warn they can be hurt by giving too much information away. InsightsIn China’s tech hub of Shenzhen, it’s hard to pay without an app and that is starting to raise privacy concerns4 mins read
Though the company is no longer one of the top five internet companies in China ranked by market capitalization. NewsSmart speakers: Latecomer Baidu tops leaderboard of domestic shipments1 min read
The US logistics giant wants to see whether self-driving trucks can improve service and efficiency in its delivery network. NewsChinese autonomous driving unicorn TuSimple turns its client UPS into an investor2 mins read
The Chinese tech behemoth’s attempt to branch out of its core search business faces headwinds. NewsExclusive | Baidu’s self-driving bus project ‘suspended’ as key staff yanked, sources say2 mins read