Homemade food platform Home Cook is shutting down

By Emma Lee

Homemade meal delivery app Home Cook is closing its business down, according to messages sent to users on May 31, asking them to apply for refunds before June 1.

Why it matters: Home Cook’s collapse highlights the downfall of a once-popular fad, Chi…

China’s WeWork for houses reveals rental loan risks

By Emma Lee

Feb 21, 20207 min read (Image credit: Danke)Attention from regulators spells more trouble for a highly leveraged, loss-making company that’s applied the WeWork model to China’s housing market.
Shenzhen’s finance and insurance regulatory watchdogs an…

Bike rental firm Hello Global exceeds 300 million users

By Emma Lee

Jan 7, 20202 min read A Hellobike rider waits for traffic on the streets of Shanghai on March 22, 2019. (Image credit: TechNode/Eugene Tang)Ant Financial-backed bicycle rental platform Hello Global has said that it is the largest two-wheel transport…