On-demand Services

Meituan-Dianping is itself a leading player in China’s food delivery scene.

Uber was struggling to make inroads in Japan.

Plus, Meituan-Dianping invests in Swiggy. Amazon said it would start delivering Whole Foods groceries.

Didi said it would open its platform to car markers’ own sharing services, meaning car makers could approach the platform as a marketing avenue to sell their EV models.

Plus, Xiaomi is launching a battle against its local rivals with a goal to regain No.1 position in China within 10 quarters. Goldman Sachs is in talks with Apple to offer financing to Apple gadget sho

In 2015, Dianping merged with its rival Meituan to form Meituan-Dianping, which is now worth $30B and the fourth most valuable startup in the world.

Plus, Tencent, Alibaba is buying 33 percent in Ant Financial. Saudi Arabia’s state-owned oil giant and Google parent Alphabet are in talks to build a technology hub.

Go-Jek is reportedly fundraising USD 1.2 billion in the latest round. Apart from Google, Temasek and China’s Meituan-Dianping are also reportedly participating the round.