The company is reportedly seeking a $60 valuation and a duo-listing in Hong Kong and China. NewsMeituan-Dianping in Talks with Banks for HK IPO, Piling up Cash to Challenge Didi Chuxing Monopoly2 mins read
Empowering mom-and-pop stores can be accomplished only when quality goods are supplied and efficient transaction is guaranteed. NewsDeals | Meituan-Dianping Leads FMCG B2B Platform Zskuaixiao.com’s $32.6M Round2 mins read
Inke’s local rival Huya and Douyu are all eyeing to list this year. NewsLive-streaming Platform Inke Files to List in HK Ahead of Tencent’s Douyu and Huya2 mins read
Meituan-Dianping claims to have nabbed one-third of the ride-hailing market in Nanjing and Shanghai. Is Meituan-Dianping Posing Serious Threat to Didi?2 mins read
Qeebike is now on track to branch out into more cities, with a new funding round imminent. NewsElectric Bike Sharing Service Qeebike Reels in Series A of Tens of Millions US Dollars Led by IDG Capital3 mins read
Plus, Alibaba is in talks to build a logistics center in Thailand. Facebook is heading toward its worst month since May 2013. NewsKrASIA Daily: SoftBank Mulls Investing $1 Billion in China’s Truck-hailing Unicorn Manbang5 mins read
Tik Tok is a product about “loveliness”. InsightsHow Does Tik Tok Outperform Tencent’s Super App WeChat and Become One of China’s Most Popular Apps? (Part 1)5 mins read
The world’s two largest ride-hailing companies, Didi Chuxing and Uber are now all Grab’s shareholders. NewsDeals | Uber Sells Businesses in SE Asia to Local Rival Grab (Updated with Grab Internal Email to Staff)7 mins read
Former CEO of Alibaba LU Zhaoxi participated in Startdt’s US$ 3.8 million pre-A round. NewsDeals | Empowering Unmanned Retail with Big Data, Former Alibaba Executive’s AI Startup Startdt Raises US$ 3.8m5 mins read
Plus, Ant Financial CEO: blockchain technologies will be the cornerstone of the future digital society. Waymo CEO said Waymo would likely have avoided the fatal Uber crash. NewsKrASIA Daily: Uber Is Retreating from SE Asia3 mins read