NewsByteDance buys stake in online encyclopedia Baike.com to open new front in competition with BaiduBaike.com and Baidu have been locked in a feud for years. 1 min read
Japanese e-commerce group opens new front in its battle with SoftBank. NewsSingapore’s RedDoorz hotel chain raises USD 70 million as Rakuten jumps in4 mins read
Naspers makes a new bet on India’s fantasy sports sector. NewsNaspers to invests USD 100 million in fantasy sports startup Dream112 mins read
Twitter is counting on India’s largest regional social media platform to gain back its lost ground. NewsTwitter invests in India’s ShareChat as local vernacular market burgeons2 mins read
OYO will compete with key players in Europe’s vacation rental market like 9flats, Airbnb, Expedia, and FlipKey. NewsIndia’s OYO invests USD 330 million to boost its European presence2 mins read
The Beijing-based long-term investor’s holdings in these companies reached USD 837.2 million. NewsHillhouse Capital bets bigger on mobility with new stakes in Tesla, Uber and Nio2 mins read
The fitness industry has taken China by storm and it’s known for being able to produce hardware at low cost. NewsChinese home fitness startup Fiture raises USD 6 million from Sequoia Capital China3 mins read
Sina, Weibo, and YY are also on the list. NewsChina’s social network platform Momo tops Fortune’s 100 fastest-growing companies, beating Netflix, Amazon and Facebook2 mins read
On the other hand, the U.S. e-tailing giant’s home market offline push with Whole Foods has been a dud. NewsAmazon close to buying stakes in India’s third-largest retailer Future Group to go offline2 mins read
