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Deals | China DealBook: Zhaogang.com invests in Haizhimao; Sinovation Ventures and GGV Capital-backed Philm banks over $ 10m

Investments in e-commerce, entertainment, marketing, apartment rental, and health care.

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Caroupay is being launched next month.
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Caroupay to launch digital wallet in S’pore next month
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Softbank CEO Masayoshi Son is already planning a second fund.
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SoftBank setting sight on Vision Fund II
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China is competing with the U.S. for leadership in the autonomous driving market.
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Didi Chuxing is now allowed to test autonomous vehicles in California
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SoftBank mulls over decision to invest further into Paytm Mall.
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Japanese internet giant SoftBank considers huge investments into Paytm Mall
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Didi Chuxing will stop taking orders for its ride-pooling service from 22:00 to 6:00.
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Didi Chuxing rectifying ride-pooling service amid public outrage
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Ofo, Chinese bike-sharing company, bucks consolidation trend.
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Alibaba-backed Ofo turns down acquisition offer from Didi
1 min read
This car-sharing company raised two financing rounds within just half a month.
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Deals | Alibaba’s Ant Financial leads B round for car-sharing startup LIKE
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Plus, Ant Financial lowers daily withdraw limit. Uber’s growth slowed.
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KrASIA Daily: Carousell launches digital wallet after raising $85m in Series C round
3 mins read