News

The company was on a shopping spree last year, acquiring Musical.ly, News Republic and Flipgram.

A slew of established companies and startups have bet on self-service snack bars.

Didi Chuxing is likely to provide a platform where automakers will provide cars for rental.

Plus, A court in Singapore ruled portal 99.co had partially breached an agreement with PropertyGuru. Musical.ly blocked hashtags related to self-harm or eating disorders.

Highlights from the past week, as well as something cool for the weekend.

The deal would be similar to the one Uber made with Chinese ride-hailing service Didi Chuxing back in 2016, when Uber sold its China unit to Didi and took a stake in Didi for return.

The company claimed that it is serving companies including DiDi Chuxing, Ctrip,JD.com, and Ele.me.

Plus, Nasdaq-listed YY.Inc’s game streaming unit Huya lands strategic investment worth USD 461.6 million from Tencent. Japan punished seven cryptocurrency exchanges.