Its DAU, in Q1 2018, has reached 45.6 million, up 161.1% MoM. NewsToutiao’s Tik Tok takes off, outperforming Facebook and YouTube to become the world’s most downloaded app 1 min read
Plus, Ofo’s order for new bikes shrinks. Buffett is no bitcoin fan. NewsKrASIA Daily: Grab announces first update after acquiring Uber’s SE Asia operations 3 mins read
EF will produce over a quarter of Singapore’s startup ecosystem’s seed funded startups in 2018. NewsEntrepreneur First is recruiting for its fourth cohort, Singapore1 min read
Rival Mobike was acquired by Meituan-Dianping last month. NewsOfo cuts order for new bicycles, as some Chinese cities thwart the development of bike-sharing services1 min read
Grab counts SoftBank and Didi Chuxing as backers NewsGrab reportedly adding $1 billion to its war chest, expecting competition with local and foreign rivals1 min read
Investments in transportation, consumer, media, enterprise services, e-commerce, and VR. NewsDeals | Deal book: Ant Financial invests in car-sharing startup Like; VR startup Aurovis aims to provide affordable VR and 360-degree cameras2 mins read
The company currently focuses on smart customer service operations, such as smart marketing, smart customer service, and client-side risk control. NewsDeals | Big Data Company CEWELL Switches from Customer Service and Quality Testing to Application of Corporate Data3 mins read
CK Hutchison Holdings Limited will sell Xiaomi products in its 17,700 stores. NewsXiaomi smartphones to be available in the hand of wider swaths of European users1 min read
Plus, Alibaba expects an acceleration of sales. Flipkart agrees to sell 75% stake to Walmart. NewsKrASIA Daily: Grab reportedly in talks to raise $1 billion to fuel expansion in SE Asia3 mins read
The revenue growth comes against the backdrop of a brutal competition with Tencent-backed JD and Pinduoduo. NewsKrASIA Weekly Roundup: Alibaba reports the highest revenue growth of core e-commerce businesses since IPO2 mins read
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