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Plus, China Securities Regulatory Commission is exploring to allow foreign-listed tech companies to relist in the country through financial certificates. BigBasket adopts Alibaba’s offline strat

Meituan-Dianping is reportedly launching ride-hailing service in 7 major cities in China.

Tencent-backed Meituan-Dianping has turned a slew of local tech giants into nemesis as it keeps expanding its scope of businesses.

Alibaba is rumored to pump in US$ 9.5 billion to fully acquire food delivery startup Ele.me.

Plus, Alibaba is in talks to buy a minority stake in Dailyhunt. Dropbox filed for a USD500 million IPO.

China’s largest ride-hailing company is planning to buy over one million second-hand vehicles from online car marketplace Renrenche.com.

China’s ride-hailing companies are likely to ignite another price war

Plus, Amazon plans to open as many as six more cashier-less stores this year. Toutiao has reportedly acquired augmented reality-based selfie app Faceu for USD300 million.