Meituan-Dianping
- STARTUPS
India’s Swiggy raises $113M led by Prosus
Weeks after Zomato acquired Uber’s food delivery business in India, its chief local rival is bulking up some ammunition of…
Read More » - Trends
Y Combinator’s short-lived China dream
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what…
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Opera’s Africa fintech startup OPay gains $120M from Chinese investors
Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos…
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Hellobike, survivor of China’s bike-sharing craze, goes electric
Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with…
Read More » - Food
Kurly, a grocery e-commerce startup in Korea, closes upsized $113M Series D round
Kurly, a startup that operates a grocery delivery service in Korea, said today that it has closed an upsized Series…
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China’s grocery delivery battle heats up with Meituan’s entry
Fast, affordable food delivery service has been life-changing for many working Chinese, but some still prefer to whip up their…
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China’s Didi reportedly lost a staggering $1.6 billion in 2018
China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion…
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Grab moves to offer digital insurance services in Southeast Asia
Grab is Southeast Asia’s top ride-hailing firm, thanks in no small part to its acquisition of Uber’s local business last…
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Alibaba replaces video streaming boss amid anti-corruption probe
A top-level reshuffle is sending shockwaves across one of China’s biggest online video businesses. Yang Weidong has stepped down as…
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