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Didi rival UCAR announces US$1B funding, sparks speculation of another ride-hailing war

UCAR already boasts investment from high-profile players, including Warburg Pincus and Jack Ma 

In the world of chatbots, Ringy is gaining ground with human translation

Chinese-to-english translations have long been hilariously terrible, but if Ringy can make it work there will be some serious bucks in the business 

What made a unicorn hunter invest in ofo?

ofo investor Zhu Xiaohu was called a unicorn hunter because of his outstanding investment moves in the hottest startups in China including Didi Chuxing, and ofo 

One year on, Apple Pay finding little traction in the Middle Kingdom

It seems that Apple Pay has failed to become a real threat to the dominance of Alibaba‚Äôs Alipay and Tencent-backed Tenpay 

Singapore's sovereign wealth fund GIC jumps into co-working, invests in China's 5Lmeet

GIC is entering a highly competitive industry full of companies with major investors backing them 

Will fintech and neo-banking be the next frontier for co-working spaces?

Beyond traditional banks launching their own digital apps, will it be viable for neobanks to launch with purely new services? 

Reyin uses KOLs to monetize their concert lifestyle business

Reyin's main customer base are people who would be considered 'avid' concertgoers 

A Singapore-registered ship has been sold on Taobao for US$11.8M

Varada Blessing had previously been put up on the Taobao auction site twice but did not reach its reserved price 

Ant Financial to invest US$200M into Kakao's upcoming mobile payment subsidiary

The deal will help turn Kakao's fintech services into a fully functional subsidiary company