Bike-rental startup ofo lands series D+ backed by Alibaba’s Ant Financial

The announcement came less than two months after ofo secured a US$450 million...


5 virtual reality trends to watch in the next 5 years

It’s exciting to think about everything that virtual reality has in store...


Ofo teams up with largest bicycle producer Fushida

Fushida will produce 10 million bicycles for Ofo every year The race is still on...


Moshe Hogeg just sold Mobli’s Geofilters patent to Snapchat for US$7.7M

According to its S1 filing, Geofilters is a key feature in Snapchat’s 2016...


Silicon Valley or Death Valley: Singapore’s search for Alibaba comes with 40 thieves

As far as public opinion goes, success stories are far and few between, and the...


Tencent bets on online flea market with US$200M investment in Zhuan Zhuan

The competition between Tencent and Alibaba is now entering another field:...


Pop singer Jay Chou opens internet cafe brand aimed at e-sports

Jay Chou’s 1,700 square-meter cybercafé has 230 computers, areas...


How 500 Startups is giving a hand up for the startup

Maybe even without knowing it, 500 Startups may already have change how ordinary...


NetEase Cloud Music becomes unicorn after US$108M series A, gets 300M registered users

The round puts the valuation of NetEase at US$1.1 billion, boosting it to...


Powerbank rentals are the latest market war in China, and it is charging with great speed

Power bank rental is the sharing-economy business model that may become the next...