NewsToday’s Tech Headlines: Toutiao to raise funds in the lead up to its 2019 IPOAll you need to know about the tech news today. 2 mins read
Ofo said in April that it wants to serve more than 100 US cities by end-2018. Then, in July, it downsized 70% of its US workforce. NewsOfo quits Seattle by end of month, bikes beyond repair sold as scrap metal3 mins read
China’s Toutiao, also known as ByteDance, is raising between US$2.5 and 3 billion at a valuation of between $4.5 and 5 billion, sources told local Chinese media, in a round that leads up to a ruNewsChina’s most popular news app Toutiao looks to raise $3b ahead of 2019 IPO1 min read
The move shows how Grab thinks about its business diversification. NewsGrab moves into healthcare by teaming up with China’s Ping An2 mins read
It’s currently the largest of its kind in China, with a monthly active user of 139 million. NewsAlibaba-backed BabyTree eyes $1b in HKEx float1 min read
All you need to know about the tech world today. NewsToday’s Tech Headlines: SingPost eyes Southeast Asia’s e-commerce fulfilment landscape2 mins read
China’s healthcare market is expected to grow to over RMB 17 trillion (US$2.5 trillion) by 2022. NewsChina’s online pharmacy 1Yaowang seeks $200m NYSE IPO2 mins read
The money will be used to introduce its B2C marketplace SenMall, which features brands like Oppo, Braun, and Unilever. NewsVietnam online marketplace Sendo to receive $51m from SBI, Softbank, others2 mins read
Alibaba teams up with NUS to train industry talents. NewsAlibaba Cloud signs MOU with National University of Singapore1 min read
NewsDeals in brief: JustCo files for SGX listing; Thailand’s Konvy raises Series B funding; 12 China investments; and more
