Transportation

Plus, Alibaba-backed HelloBike is about to complete its new financing round of over US$ 1 billion. Uber Eats has acquired Ando.

SoftBank told Uber to concentrate on recovering market share in the US and key European markets.

Plus, Thailand’s CP Group plans to invest $156.8m in India over five years. WeChat rolled out its first staff-less pop-up store in Shanghai.  

Highlights from the past week, as well as something cool for the weekend.

Plus, Uber Singapore and ComfortDelGro (CDG) launched their low-cost ride-hailing service UberFLASH. Xiaomi and Shunwei Capital invested in Indian social networking platform ShareChat.

Plus, Ofo investor Zhu Xiaohu from GSR Ventures is said to have sold his shares in ofo to Alibaba for $3 billion. Mark Zuckberg saw his fortune fall $3.3 billion Friday after announcing a shift in use

Highlights from the past week, as well as something cool for the weekend.

Plus, Didi prepares to break into Mexico. Dropbox is said to have filed confidentially for a U.S. IPO.