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The rise of Toutiao (and the decline of Baidu) reflects China’s changing marketing trends

News aggregator app Toutiao has been reporting impressive revenue growth with RMB6 billion (US$880 million) in 2016 from in-feed ads 

Mobike raises over US$600M to ramp up AI tech, IoT network and global expansion

Mobike's long-time backer, Tencent, led the round. Other investors include Sequoia, TPG, and Hillhouse Capital 

Jack Ma could join US$1.5 billion Grab funding round: Bloomberg

If true, it would bring Ma into direct competition with Tencent, while teaming him up with Masayoshi Son 

US may restrict China's artificial intelligence investment in Silicon Valley

The US has been seeing increasing investment in artificial intelligence companies coming from China in the past years 

Rules for Weibo KOLs shed light on Alibaba-Tencent tensions

Learning from their previous experience with Weibo influencers, Sina has been very careful in controlling their live streaming ecosystem 

UCAR invests in Chinese electric car company, making first foray into car manufacturing

For UCAR, the investment is a milestone to expand the business to the cover the entire auto value chain 

China's cloud industry moving to new era with emergence of unicorns

Chinese cloud computing company QingCloud announces the largest ever funding round in the history of the industry 

Mobike begins expansion outside of Asia: first stop, UK

Mobike will begin operations in Manchester and Salford 

Chinese bike-sharing startup Ofo reportedly seeking US$500M at US$3B valuation

Ofo is expanding at a rapid pace, targeting countries beyond China 

JD to enter Thailand before end of 2017, is looking for a local partner

According to JD, their Thailand presence will serve as a hub to service other Southeast Asian markets such as Malaysia and Vietnam