Chinese mobile content platform Qutoutiao announced that its online reading platforms Midu Novels and Midu Novels Lite have completed a $100 million round of financing led by CMC Capital.
Tagonline platform
Chinese travel service provider Ctrip announced yesterday that it will be launching an overseas ride-hailing service on its app to help Chinese tourists on their travels outside of China.
China’s online food delivery-to-ticketing company Meituan Dianping reported a total loss of 115 billion yuan in last year, and an 11 billion yuan operating loss, dropping down by 190 percent compared to that of 2017.
