The financing was led by SB China Capital (SBCVC), with contributions from CDBI Partners, Delian Capital, as well as existing investors Zhen Fund and Matrix Partners China.
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.
Once interest rates are strictly regulated, users must be strictly screened and risks evaluation of each user must be precisely and accurately evaluated.
Plus, Baidu is working on a financial inclusion product together with Agricultural Bank of China. Google-backed growth capital fund CapitalG led Lyft’s funding round.
Plus, Mobile bill payment platform startup Ayopop.com closed funding round led by Finch Capital. CME is poised to launch its bitcoin futures contract on December 18.
Indonesia, a promising land for mobile internet and now the fourth largest smartphone market in the world, has recently seen the emergence of three unicorns, thanks to the soaring penetration of their 4G network.
Plus, Thailand's top wireless operator, Advanced Info Service Pcl, seeks to triple subscribers for its fiber-based high-speed Internet service. Netflix acquires Chinese detective drama Day and Night.