Fintech

Singapore’s Temasek Holdings is reportedly seeking to lead the round.

Plus, Ola in talks to buy Freshmenu. Grab Philippines will keep running the Uber app until April 15. 

Alibaba has invested a total $4 billion in Lazada.

The fourth quarter, thanks to Alibaba’s Singles’ Day sale, is usually a strong quarter for Alibaba and its financial affiliate Ant Financial.

China has 587.5 active credit cards as of December 31, 2017

Tencent and Walmart are all major shareholders in JD.com.

For young people, personalized insurance solutions suit their needs better.

Plus, Ofo raised USD 866 million in a round led by Alibaba. WhatsApp mulls a payment service in India.