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Kr-Asia Daily: Xiaomi is eyeing a $50 billion IPO
Plus, Singtel and Mobike signed MOU to explore mobile payment for bike rides. Hedge funds are prepared to trade against bitcoin.
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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.
Highlights from the past week, as well as something cool for the weekend.
Xianghuanji offers deposit-free, pay-after-use mobile phone renting service to users who are rated 600 points or higher by Ant Financial’s credit scoring system Sesame Credit.
Amiro, a lighted makeup mirror brand, just raised a 10 million yuan Pre-A financing round in October led by Xiaomi’s Shunwei Capital.
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 N
Plus, Jakarta-based blockchain starup Pundi X seeks to provide easier access to cryptocurrency. Tencent launched the first Chinese first-person shooter game Glorious Mission.
As China’s logistics industry experiences explosive growth, green packaging may become the next hotspot for Chinese startups.
How Living: go global by resourcing gourmet KOLs (Key Opinion Leaders).