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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.
China’s healthcare market is expected to grow to over RMB 17 trillion (US$2.5 trillion) by 2022.
The money will be used to introduce its B2C marketplace SenMall, which features brands like Oppo, Braun, and Unilever.
UCommune ups the battle in China’s co-working sector & Southeast Asia.
Its portfolio of 19 companies include Indonesian on demand services company Go-Jek and Indian chapati machine maker Rotimatic.
Alibaba flexes its muscles on its commitment to its international expansion plans.
Ximalaya FM raises funds, after reconstructing its VIE structure.
Is Alibaba’s affiliate company Ant Financial ramping up its investment efforts in Bangladesh?
Walmart leaps forward to fight Amazon in India.
Ele.me looks forward to fresh capital to capture larger market share.
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