The startup aims to add 180k more apartments to its platform, which will make a total of 300k apartments under its name, in a push for an expansion to more first-tier Chinese cities. NewsDeals | Apartment rental platform Danke Gongyu raises $70m round led by Tiger Global after banking $100 million in February2 mins read
Didi added 100 million to its register users, now stands at 550 million, and completed 30 million rides as of the peak day in May. NewsDidi now serves 550m users 30m rides per day, growing against Meituan challenges1 min read
Hellobike races to join China’s unicorn lists. NewsDeals | Hellobike joins unicorn list while archrival Ofo tries to shrug off mass-layoff rumors3 mins read
Singapore-headquartered Bigo receives a boost in funds amidst heating competition. NewsDeals | YY leads $272m Series D in S’pore Bigo for synergies in overseas quest3 mins read
All you need to know about what happened in the tech world today. NewsToday’s Tech Headlines: YY invests in Bigo Live; Uber to launch JUMP Bikes in Europe4 mins read
The live-streaming product, BIGO LIVE, is designed exclusively for overseas users by US-listed YY. Q&AInterview with Bigo: How a Chinese live streaming service successfully replicated itself in Southeast Asia markets10 mins read
Zailouxia deploys staffless selling machines in residential communities. NewsDeals | Post bike-sharing frenzy, this startup raises $10M from IDG to test fridge-sharing in China2 mins read
Both Jack Ma’s Yunfeng Fund and Toutiao were said to be mulling over investing in AcFun. NewsTencent-backed Kuaishou acquires AcFun amid escalating competition with Douyin2 mins read
All you need to know about what happened in the tech world today. NewsToday’s Tech Headlines: Grab launches Grab Ventures; Alibaba invests in Babytree4 mins read
Grab’s innovation arm is looking to invest in and partner with growth-stage startups. NewsGrab launches venture arm to further boost its O2O platform2 mins read
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