China is competing with the U.S. for leadership in the autonomous driving market. NewsDidi Chuxing is now allowed to test autonomous vehicles in California1 min read
SoftBank mulls over decision to invest further into Paytm Mall. NewsJapanese internet giant SoftBank considers huge investments into Paytm Mall1 min read
Didi Chuxing will stop taking orders for its ride-pooling service from 22:00 to 6:00. NewsDidi Chuxing rectifying ride-pooling service amid public outrage1 min read
Ofo, Chinese bike-sharing company, bucks consolidation trend. NewsAlibaba-backed Ofo turns down acquisition offer from Didi1 min read
This car-sharing company raised two financing rounds within just half a month. NewsDeals | Alibaba’s Ant Financial leads B round for car-sharing startup LIKE2 mins read
Plus, Ant Financial lowers daily withdraw limit. Uber’s growth slowed. NewsKrASIA Daily: Carousell launches digital wallet after raising $85m in Series C round3 mins read
Investments in e-commerce, enterprise services, new retail, marketing, and big data & AI. NewsDeals | China DealBook: Tencent-backed Alauda garnered fresh funds from Intel Capital; SDK platform ClickWifi provides personalized marketing solutions2 mins read
India’s GDP takes up almost 7 percent of the world’s. NewsChina state-run bank ICBC launches India-dedicated fund1 min read
Alibaba, Tencent, and Baidu are all weighing in the field. NewsiFLYTEK is seeing to raise $566.5m to sharpen competitive edge in voice recognition1 min read