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Guide, a ride-hailing app targeting China’s outbound tourists, raises USD 50 million to challenge Didi

With Chinese travelers exploring new locations abroad, the services that they’re used to are also following them overseas.

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Authorities want the local tech community to help handle problematic videos on YouTube
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Vietnam’s battle with YouTube over ‘toxic clips’
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Aggregating ride-hailing services under one roof and creating cross-overs with other apps is a big trend in ride-hailing.
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Grab invests in Splyt, extending alliance of ride-hailing services worldwide
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Big tech needs hefty cash.
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Chinese AI cartoon maker Xmov raises massive Series A round
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The Japanese clothing brand has seen revenue and profit decline at home.
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Uniqlo wants to use TikTok to boost sales in underperforming markets
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Turns out walking is more efficient than riding in Singapore’s dense CBD.
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Deliveroo to pilot walking delivery in Singapore
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The company will also release a new drone system to “meet the US government’s rigorous security expectations”
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Chinese drone maker DJI to set up production facility in the US
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It’s also on track for an for IPO.
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Singapore retail tech startup Trax acquires US shopping rewards app
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Kopi Kenangan currently has 80 stores and serves one million cups of coffee each month
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Indonesian coffee startup Kopi Kenangan raises USD 20 million
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