Chinese e-commerce giant Alibaba has acquired Ele.me, an online food delivery service, in a deal worth $9.5 billion. Ele.me, founded ten years ago and headquartered in Shanghai, is operational in over 2,000…
China’s Bike-Share Market a Failure of Transparency and Tech
Bluegogo, one of China’s largest bike-share companies, appears on the edge of ruin, with its office empty, debts unpaid and its CEO suddenly absent. The firm, which has raised $58 million and…
Can a Disputed Patch of Land Reinvigorate Hong Kong’s Tech Scene?
The Lok Ma Chau Loop is a sprawling, swampy stretch of land on Hong Kong’s northernmost border with China. It was once the focus of a land dispute between the two entities.…