News

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

Alibaba and Ant Financial jointly announced earlier this month that the Chinese e-commerce conglomerate would purchase a 33 percent stake in the latter.

Huami is the world’s largest wearables manufacturer.

Meituan-Dianping is itself a leading player in China’s food delivery scene.

Uber was struggling to make inroads in Japan.

Plus, Meituan-Dianping invests in Swiggy. Amazon said it would start delivering Whole Foods groceries.

Meituan-Dianping, Meituan Travel’s parent company, is the world’s #4 most valuable startup.

Didi said it would open its platform to car markers’ own sharing services, meaning car makers could approach the platform as a marketing avenue to sell their EV models.