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Ele.me to boost market share by splurging $440m ahead of rival Meituan’s IPO

The Alibaba-owned online food delivery platform is not worried about funds at this stage, said its recently instated CEO Wang Lei.

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The two companies plan to pilot the network in the fourth quarter this year
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Singapore pilots 5G network with Ericsson using drones and autonomous vehicles
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All you need to know about what happened in the tech world today.
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Today’s Tech Headlines: China’s major telcos collaborate to form blockchain research group
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China Creation Ventures completes next fundraising phase.
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China Creation Ventures raises $200m fund targeting China’s TMT space
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The three telcos will join six other companies including Huawei in researching blockchain’s capabilities into the telco industry
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China Mobile, China Unicom & China Telecom join forces to form blockchain research group
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In an exclusive interview with KrASIA, Thai e-commerce and logistics startup Sokochan talks partnerships, expansion plans and more.
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Exclusive | Thai-listed logistics firm Begistics invests in startup Sokochan
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Tencent and Alibaba put aside rivalry to acquire a stake in WPP’s Chinese unit.
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Deals | Alibaba and Tencent vie for 20% stake in WPP’s Chinese unit
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The Chinese tech giant is now directly invested in two of the three hottest AI startups in China
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Alibaba joining $600m investment in Megvii, maker of Face++
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The expansion plans comes after the company had earlier announced plans to enter the US market end of this year
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JD.com plans Europe expansion through Germany after SEA moves
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