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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,…

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Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili – TechCrunch

Ecommerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili. According to a securities filing on Thursday, Alibaba’s…





Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailing – TechCrunch

A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform for local services, continues to put the brakes on bike-sharing and ride-hailing, the company said…



Alibaba and Amazon move over, we visited JD’s connected grocery store in China – TechCrunch

The arms race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s ecommerce titans Alibaba and JD.com, which are turning offline for growth….


With a new deal for customers and a fresh $23 million, Mayvenn extends its hair care business – TechCrunch

Pitching customers a new, all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to do it. The…


The next big restaurant chain may not own any kitchens – TechCrunch

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transformed transportation, media,…