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China’s largest ride-hailing company is planning to buy over one million second-hand vehicles from online car marketplace Renrenche.com.

Momo might be in urgent need of diversifying its revenue sources.

China’s ride-hailing companies are likely to ignite another price war

Investors prevailing over entrepreneurs in the startup world bodes ill.

Plus, Amazon plans to open as many as six more cashier-less stores this year. Toutiao has reportedly acquired augmented reality-based selfie app Faceu for USD300 million.

“Chinese electric car-sharing is still in its infant stage, facing challenges from the market and regulatory policies.”

Faceu is China’s #3 beauty camera app by market penetration rate.

Don’t do ‘anything big’ before you fully understand what the CRYPTO STUFF IS.

Scan your palm, open the gate, take and go.

Plus, Bukalapak is exploring pros and cons in IPO and fundraising. Xiaomi has opened its first authorized store in the Philippines.