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Apple is offering interest-free financing to boost iPhone sales in China – TechCrunch

Apple is looking to get over its sales woes in China by offering prospective customers interest-free financing with a little help from Alibaba. Apple’s China website now offers financing packages for iPhones that include zero…

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Vynn Capital snags investment from Malaysia’s MAVCAP for its maiden Southeast Asia fund – TechCrunch

Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP) as one of its…


Uber is reportedly close to making a tactical exit from India’s food delivery industry – TechCrunch

Uber has said adamantly that it won’t exit India (or any more markets) following a hattrick of retreats from China, Russia and Southeast Asia, but does that include its food delivery business? The answer could…


Baidu’s video site iQiyi adds 37M subscribers in 2018 amid mounting losses – TechCrunch

China’s Baidu, which is often compared to Alphabet’s Google, is showing no signs of slowing down its pace of betting on video content as its core advertising unit feels the squeeze from rivals. The company’s latest…


As shared kitchens heat up, a China-based startup, Panda Selected, nabs $50 million led by Tiger Global – TechCrunch

A few weeks ago, we told you that former Uber CEO Travis Kalanick looks to be partnering with the former COO of the bike-sharing startup Ofo, Yanqi Zhang, to bring his new L.A.-based company, CloudKitchens,…


Alibaba hits the gas on mobility as its bike-sharing service adds carpooling – TechCrunch

Carpooling is heralded to be environmentally friendly and money-saving, but in smog-stricken China, the transportation option became a source of public concerns after two female passengers got murdered during their lifts with Didi Chuxing drivers….


On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn – TechCrunch

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. Founded in 2013…



Selfie app maker Meitu eyes overseas gaming market with $340 million deal – TechCrunch

China’s largest selfie app maker Meitu has been busy working to diversify itself beyond the beauty arena in China. On Wednesday, the Hong Kong-listed company announced in a filing that it has agreed to pay…