NewsBike-sharingChinaUSAOfo

Ofo quits Seattle by end of month, bikes beyond repair sold as scrap metal

Ofo said in April that it wants to serve more than 100 US cities by end-2018. Then, in July, it downsized 70% of its US workforce.

Yesterday 
NewsE-CommerceChina

China’s online pharmacy 1Yaowang seeks $200m NYSE IPO

China’s healthcare market is expected to grow to over RMB 17 trillion (US$2.5 trillion) by 2022.

Thu Aug 16 2018 
NewsE-CommerceJapanVietnam

Vietnam online marketplace Sendo to receive $51m from SBI, Softbank, others

The money will be used to introduce its B2C marketplace SenMall, which features brands like Oppo, Braun, and Unilever.

Thu Aug 16 2018 
NewsChina

China’s Ucommune seeks $200m Series D, plans 2019 HK IPO

UCommune ups the battle in China’s co-working sector & Southeast Asia.

Wed Aug 15 2018 
NewsVCSingapore

Openspace Ventures closes second fund of $135m from Temasek, StepStone

Its portfolio of 19 companies include Indonesian on demand services company Go-Jek and Indian chapati machine maker Rotimatic.

Wed Aug 15 2018 
NewsE-CommerceAlibaba

Alibaba invests $750m in Turkey’s Trendyol to compete against Amazon

Alibaba flexes its muscles on its commitment to its international expansion plans.

Wed Aug 15 2018 
NewsEntertainmentChina

Ximalaya secures $580m ahead of 2019 Hong Kong IPO

Ximalaya FM raises funds, after reconstructing its VIE structure.

Mon Aug 13 2018 
NewsOn DemandChinaAnt Financial

Rumour | Ant Financial in talks with Bangladesh on-demand startup Shohoz (Updated)

Is Alibaba’s affiliate company Ant Financial ramping up its investment efforts in Bangladesh?

Fri Aug 10 2018 
NewsE-CommerceIndia

Flipkart launches e-grocer service, Flipkart Supermart, in Bengaluru

Walmart leaps forward to fight Amazon in India.

Fri Aug 10 2018 
NewsChinaele.me

SoftBank is helping Alibaba create a formidable rival to Meituan

Ele.me looks forward to fresh capital to capture larger market share.

Wed Aug 08 2018