On-demand Services

Plus, Didi Chuxing suspended hitch service. Walmart may list Flipkart.

Plus, eBay to relaunch in India. Singapore’s BitOfProperty raised fresh funds. 

Plus, Ofo’s order for new bikes shrinks. Buffett is no bitcoin fan. 

Grab counts SoftBank and Didi Chuxing as backers

Plus, Alibaba expects an acceleration of sales. Flipkart agrees to sell 75% stake to Walmart.

The partnership is part of Didi Chuxing’s alliance with 31 companies in the auto industry.

“What we worry about is the dangers that arise when employees receive orders.” said HE Renqing, the logistics team leader of Meituan (美团).

Plus, SoftBank will overachieve on $10 billion investment target in India. Allianz looks to build a pan-Asia logistics portfolio.