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Luckin Coffee to further eat into Starbucks’ dominance in China

Luckin Coffee has sold 5 million cups of coffee to 1.3 million customers so far.

1 min read

Plus, Uber is responsible for the deadly accident. Monk’s Hill Ventures is raising a second fund.
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KrASIA Daily: Alibaba buys Pakistani e-commerce platform Daraz to expand in South Asia
3 mins read
Users can scan and go while generating a sheer size of data.
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After replacing wallet, now Tencent’s WeChat wants to replace your transport card
1 min read
Its DAU, in Q1 2018, has reached 45.6 million, up 161.1% MoM.
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Toutiao’s Tik Tok takes off, outperforming Facebook and YouTube to become the world’s most downloaded app
1 min read
Plus, Ofo’s order for new bikes shrinks. Buffett is no bitcoin fan.
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KrASIA Daily: Grab announces first update after acquiring Uber’s SE Asia operations
3 mins read
EF will produce over a quarter of Singapore’s startup ecosystem’s seed funded startups in 2018.
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Entrepreneur First is recruiting for its fourth cohort, Singapore
1 min read
Rival Mobike was acquired by Meituan-Dianping last month.
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Ofo cuts order for new bicycles, as some Chinese cities thwart the development of bike-sharing services
1 min read
Grab counts SoftBank and Didi Chuxing as backers
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Grab reportedly adding $1 billion to its war chest, expecting competition with local and foreign rivals
1 min read
Investments in transportation, consumer, media, enterprise services, e-commerce, and VR.
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Deals | Deal book: Ant Financial invests in car-sharing startup Like; VR startup Aurovis aims to provide affordable VR and 360-degree cameras
2 mins read

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