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Takeout service Eleme’s CEO confirms delivery partnership with Didi-Kuaidi

11/13/2015|5:49:43 PM|

A Didi-Kuaidi source has revealed that the taxi app giant has completed an investment in O2O takeout service Eleme and will jointly develop takeout delivery.

Korean online booking site for Chinese Zaiseoul raises US$3 million

09/21/2015|6:48:54 AM|

Zaiseoul, a Korean tourism service for Chinese visitors, announced it received US$3 million from Korea-based NICE Group in a Series A financing round.

Alibaba forms local lifestyle platform JV with Ant Financial

06/23/2015|10:08:56 AM|

Both parties will invest RMB3 billion in the Koubei platform that will leverage Alibaba’s gourmet platform and Ant Financial’s offline operations and management.

Overseas destination startup Haiwan gets Series B financing to start group buy abroad

06/08/2015|7:11:08 AM|

Haiwan’s transactions are much larger compared with domestic groupbuy transactions as consumers are not as price conscious when purchasing abroad.

Meituan CEO confirms significant fundraising

01/19/2015|9:19:36 AM|

Meituan will face tremendous pressure this year from its rival’s IPO and the challenge of O2O startups carving into Meituan's share in each of its market segments.

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