Hellobike’s new prices are more expensive than taking the bus in Beijing, which may be a blow to its business model.
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Hello Transtech: Alibaba’s other, other unicorn
Hello Transtech, an Alibaba-backed mobility unicorn, is streets ahead of the bikesharing firms that have come before it.
Posted inOn the Cusp
Briefing: China tech startups choosing homegrown software over Oracle and IBM
China has been looking to reduce its reliance on foreign technologies amide escalating trade tensions with the US.
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Hello TransTech fuels Alibaba’s mobility ambitions
In the second part of a two-part series, we look at Hello TransTech’s role in Alibaba’s all-in-one lifestyle ambitions.
Posted inTurf Wars
Briefing: Hello TransTech secures RMB 4 billion in funding
The company says it holds over 50% market share in terms of numbers of orders.
Posted inNews
ofo announces $866 million funding round led by Alibaba amid cash strain rumors
ofo raises $866 million in latest funding round led by Alibaba
Posted inTurf Wars
Alibaba’s AutoNavi launches ride-hailing service in bid to become a mobility mega platform
As the ride-hailing market in China heats up again, Alibaba-owned AutoNavi (高德地图) also known as Amap has announced that its ride-hailing service Gaode Jiaoche (高德叫车) has gone online, TechNode’s Chinese sister site reports. The move is just another small step for AutoNavi towards building its one-stop mobility aggregation platform. The ride-hailing service is integrated into […]
Posted inHeavy Hitters
Alibaba merges its two food delivery platforms Ele.me and Koubei
Alibaba Local Services Company is embracing “new retail” to fend off competitors such as Tencent-backed Meituan.
Posted inNews
Analyse Asia 250: China tech giants’ acquisitions & its impact to Asia with Jon Russell
Editor’s note: This originally appeared on Analyse Asia, a weekly podcast hosted by Bernard Leong, dedicated to dissecting the pulse of business, technology, and media in Asia. The podcast features guests from Asia’s vibrant tech community. Jon Russell, from TechCrunch joined us in a two-episode arc to discuss the major acquisitions that are shaking the Asia […]
Posted inNews
Mobike co-founder sues Q&A site Zhihu for defamation
Mobike co-founder Hu Weiwei is suing the operators of Q&A website Zhihu (知乎) for defamation after a user on the site claimed Mobike staff were involved in corruption. This comes just days after a corruption scandal at main rival ofo and forms part of a growing trend of tech company litigation in China. On May 9, […]
