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CK Hutchison Holdings Limited will sell Xiaomi products in its 17,700 stores.

Plus, Alibaba expects an acceleration of sales. Flipkart agrees to sell 75% stake to Walmart.

The revenue growth comes against the backdrop of a brutal competition with Tencent-backed JD and Pinduoduo.

Tencent Music operates China’s 3 most popular music-streaming apps.

Rising trend of mega deals as Asia plays a more important role in global startup space.

Early this April, SenseTime (商汤科技) announced a fresh funding round of $600 million, just nine months after its then record-breaking (in the AI scene) Series B round of $410 million.

Plus, Mobile Credit Payment acquired iFashion Group. Spotify shares plunge after its first quarterly earnings report.

The company is valued at $5 billion.

According to Comma Smart, its system achieved an accuracy rate of 95%, which can save 40% labor costs.

The partnership is part of Didi Chuxing’s alliance with 31 companies in the auto industry.