Overseas:
1. Dropbox expects drop in first-quarter operating margin, shares fall
2. Pinterest confidentially files for IPO
3. SoftBank is leading a $1 billion investment in logistics start-up Flexport
4. Apple, Goldman Sachs to jointly launch credit card paired with iPhone
5. South Korea’s Netmarble, Kakao, MBK bid for Nexon parent
7. South Korea’s SK Hynix plans to spend $107 billion building four memory chip plants
9. Personal homepage startup About.me acquired by mobile-first small business startup Broadly
10. HTC revamps standalone VR headset to keep pace with Oculus while it looks to big business
11. Loop acquires ScreenPlay to build its streaming library
12. Podcasting startup WaitWhat raises $4.3M as interest in audio content explodes
13. Zoba raises $3 million to help mobility companies predict demand
14. Clutter confirms SoftBank-led $200M investment for its on-demand storage service
China:
1. Bytedance said to be sounded out by authorities about listing on Shanghai’s new tech board
2. Chinese WeWork Rival Ucommune Seeks $3 Billion Valuation in Nasdaq IPO
4. Alibaba hits the gas on mobility as its bike-sharing service adds carpooling
5. Meituan-Dianping was ranked as the Top1 most innovative company in the world by Fast Company
6. Baidu under pressure to maintain pace of growth amid macro challenges and tough advertising market
7. FA service provider Huaxing Capital 华兴资本 will acquire ITjuzi IT桔子 (Rumor)
8. Chinese short-video app kuaishou 快手 forays into game streaming
Cross-border:
1. Huawei to open first flagship store outside China in Vienna
2. JD.com’s drones take flight to Japan in partnership with Rakuten
Blockchain:
Cryptocurrency companies use ‘backdoor’ listings to ease into mainstream
Emerging Market:
1. Food delivery startup Swiggy set to acquire Uber Eats in India
2. Oyo, Yahoo Japan to launch apartment rental service
3. 2 Singapore e-scooter firms face court charges for unlicensed operations
4. Singapore-based mobile advertising company Novosol has raised US$7 million in series A
5. Hospitality firm Oyo launches in Saudi Arabia
Cover picture credits from SCMP