AcFun’s rival Bilibili priced its IPO at $11.50 per share to raise in total $483 million through a Nasdaq-listing. NewsToutiao Comes to Rescue as Anime-streaming Site AcFun Fails to Secure Alibaba Investment3 mins read
For Bixin-like apps, monetizing the customer base still remains at the center of their agenda. NewsDeals | Gamer Dating App Bixin Raises Series A of Tens of Millions of US Dollars from IDG Capital at a Valuation of Over $100 Million3 mins read
Plus, Grab faces competition from three startups in the Philippines. Alibaba’s mapping unit kicked off carpooling service. NewsKrASIA Daily: Uber Reached Settlement with Family of Self-driving Victim, Avoiding Potential Legal Battle4 mins read
At the end of the day, SoftBank is the winner in ride-hailing. InsightsIs SoftBank Really Orchestrating A Merger between Uber and Didi Chuxing?3 mins read
Tencent is a strategic investor in SEE. NewsDeals | WeChat Mini-Program-Based E-commerce Solution Provider SEE Raises Sequoia Capital-led C-plus Round2 mins read
Plus, Baidu’s video streaming unit iQiyi prices IPO at $18 per share. Vision Fund plans to invest in another 30 companies over the next two years. NewsKrASIA Daily: Go-Jek to Announce First Expansion in SE Asia5 mins read
In a development forum, Rolin Li spoke about Chinese users’ view on personal privacy, saying that the Chinese users are ‘less sensitive’ to trading away their privacies for more conveniences. InsightsTrading Privacy for Conveniences: How Chinese Internet Users are Struggling in Their High Techs?4 mins read
The newly marketed speaker will run Baidu’s DuerOS. NewsBaidu Launches Amazon Echo Show-Like Smart Speaker in Ongoing Effort to Ramp up AI Ecosystem2 mins read
Tik Tok is a product about “loveliness”. InsightsHow Does Tik Tok Outperform Tencent’s Super App WeChat and Become One of China’s Most Popular Apps? (Part 2)5 mins read
Plus, motorcycle taxi drivers were on strike in Jakarta. Uber is reportedly planning to halt all driverless car testing in California. NewsKrASIA Daily: Xiaomi to Invest in 100 Indian Startups to Replicate its Ecosystem in China4 mins read
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