News

Ping An is the world’s 2nd largest insurer by market value only behind Berkshire Hathaway.

Plus, SoftBank is set to buy a 51% stake in LINE. Toutiao sued Toutiao for unfair competition.

Toutiao claims it has sued Baidu for unfair competition.

Plus, Singapore’s homegrown mobile payment app SpherePay has raised over US$10 million. Ola expands to Australia.

BingoBox, China’s answer to Amazon Go, is billed as the first 24-hour cashier-free convenience store across the globe that could be cloned at an exponential scale.

Xiaomi’s live streaming app was grappling with how to attract users. Will live trivia game be a remedy?

“The deal represents one of the world’s largest single strategic investments between internet companies and brick-and-mortar commercial giants.”

Plus, Google confirmed investment in Go-Jek. Facebook will show more local news stories in news feed.