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Kr-ASIA Daily: 36Kr Secured $45.3 Million Investment, Poised for An IPO

Plus, The Neo Business conference 2017 kicked off in Beijing. The internet economy in Southeast Asia will hit $50 billion by the end of 2017. SoftBank is to invest over $500 million in US-based satellite broadband provider OneWeb.

Kr-Asia Daily: China Telecommunications Is Studying An Investment in The Philippine

Plus, Ailbaba has poured money in Hellobike and reported to have joint ofo’s recent funding round. The Chicago Board Options Exchange (CBOE) started trading bitcoin as futures.

Deals | Time for Public Hospitals to Embrace the Internet, Healthcare Platform Etong Healthcare Nabbed $30 M

It's the biggest funding round secured by a check-up service provider to date. Etong Healthcare aspires to become a Meituan- or Ctrip-like company in the healthcare industry.

Deals | Tapping into Alipay’s Credit Scoring Platform, Taozugong Provides Deposit-Free Trials and Rentals of Household Appliances

This is helping their growing user base save money while helping brands reach new customers.

Deals | After its SaaS Solutions Saw an Increase in Physical Fitness Stores, CNSTYD Enters Life-Support Services

What else does this SaaS company plan to do after winning a good market share?

Kr-Asia Daily: Uber Is to Sell 51% Stake in Its Car Rental Unit in Singapore to ComfortDelGro for $218 M

Plus, Alibaba is to buy over a third of BigBasket, an online grocer in India, for about $300 million. About 40 percent of the mushrooming bitcoin market is held by perhaps 1000 users.

Kr-Asia Weekly Roundup

Bitcoin love spreads among investors around the world. Cryptokitties, a game based on Ethereum blockchain went viral.

To Merge Or To Remain Rivals? Prospect Of New Financing Adds Further Uncertainty to Ofo-Mobike Fight

The twist and turn of the story of bike sharing in China is just beyond what outsiders can imagine.

Kr-Asia Daily: Obike Exposed Global Users’ Data without Any Protection

Plus, Ofo reported having secured a funding round led by Alibaba and Ant Financial. Lyft teamed up with autonomous driving technology provider nuTonomy, starting a pilot scheme in Boston.

Kr-Asia Daily: Go-Jek seeks to become a listed company within next few years

Plus, Xiaomi has asked banks to pitch for an IPO in 2018 next Friday. Nintendo games are now available on gaming hardware Nvidia’s gaming tablet Shield.

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