Didi ride-hailing services are profitable in approximately 300 cities out of a total of some 400, according to Stephen Zhu, vice president of Didi Kuaidi. (via Sina Tech)
Koubei, the local services platform of Alibaba’s finance arm, has reached 7.5 million daily transactions.
The platform has had more than 700,000 local businesses. (via Sina Tech)
Huawei launches a new flagship phone model P9. — The Verge