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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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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…





First buses, now Shenzhen has turned its taxis electric in green push – TechCrunch

Roads in a Chinese city have gotten much quieter in recent years. Shenzhen, widely called the Silicon Valley of hardware, has been pouring resources to phase out rattling diesel vehicles chugging through the city of…





Alibaba replaces video streaming boss amid anti-corruption probe – TechCrunch

A top-level reshuffle is sending shockwaves across one of China’s biggest online video businesses. Yang Weidong has stepped down as the president of Alibaba’s video streaming unit Youku, the ecommerce operator’s digital media and entertainment…