Asia

China’s Didi is laying off 15% of its staff

Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

Atrium, Justin Kan’s legal tech startup, launches a fintech and blockchain division

China’s Didi reportedly lost a staggering $1.6 billion in 2018

Amazon, WesternUnion debut PayCode to sell goods in emerging markets and let shoppers pay in cash

Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

GoEuro rebrands as Omio to take its travel aggregator business global

Thailand’s Jitta raises $6.5M to develop an algorithm-powered wealth fund

China’s Alipay digital wallet is entering 7,000 Walgreens stores

CEO of Rappler, a media company critical of the Philippines government, is arrested