Bloomberg A Mumbai train commuter who witnessed an accident earlier this month, turned to his smartphone to ask neighbors how to help a bleeding victim. Responses poured in instantaneously. Take him to the station master at the next stop; ask the ticket collector for first aid; call 138 for emergency help and so on. Not long after, the commuter posted ...

Bloomberg Meituan Dianping, the world’s fourth-most valuable startup, filed for an initial public offering in Hong Kong and revealed the scope of its losses for the first time. While the company didn’t disclose how much it was planning to raise from the stock sale, it unveiled a net loss of $2.9 billion last year on revenue of 33.9 billion yuan, ...

Bloomberg Billionaire Jack Ma has declared Bitcoin a potential bubble, reiterating his caution over the volatile crypto-currency as his Ant Financial launched blockchain-based money transfers between Hong Kong and the Philippines. The founder and chairman of Alibaba Group Holding Ltd. extolled the possibilities of the decentralised ledger on which Bitcoin is based but warned that the digital currency itself may ...