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Plus, Shopee allows users in Singapore to shop from Chinese sellers without shipping and agent fees. Uber announced Uber Health.

In China, the market for urban distribution is expected to be worth RMB 800-1000 billion.

Plus, NIO is reportedly planning for a US IPO. Uber’s Frances Frei is leaving the company. 

The startup is valued at RMB 1 billion post-funding.

Shanhs.com is a platform that specializes in the collecting and recycling of used cell phones.

IQiyi plans to raise USD 1.5 billion at a valuation of USD 10 Billion.

According to the source, Tencent, together with Indian media and technology company Times Internet Ltd. that founded the business, will invest a total of US$115m into the streaming service.

Plus, two Singaporeans on trial who has posted unauthorized short-term rentals on Airbnb pleaded guilty. Amazon agrees to acquire Ring.