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Meituan did the unexpected – topple Ctrip in March 2018.

Akulaku has recently raised a close to US$100 million C round financing

Valued at USD35 billion excluding Douyin’s valuation, Toutiao is also raising a round and is seeking funds from KKR and Jack Ma-backed Yunfeng Capital.

Xiaomi remains undeterred and pushes forth for its upcoming HKEX IPO.

All you need to know about what happened in the tech world today.

Meituan, the next unicorn to list on HKEX?

The round is co-led by Coatue, Tencent, Sequoia Capital China, and Yunfeng Capital.

All you need to know about what happened in the tech world today.

Pinduoduo, which rides the wave of popularity of WeChat, claimed it has punished over 200 stores on its platform, less than three out of ten thousand among its monthly active shop owners.

Carousell’s very own mobile wallet – CarouPay.