Quick Updates Today | Mar. 14 2018

1. TMall Genie X1(AI Speaker) wins German Red Dot Design Award.

2. H&M Tmall Official Flagship Store will open on March 21st.

3. JD Financial prepares for a new round of financing and the overall valuation will exceed US$20 billion.

4. Tencent buys stake in Chinese production company New Classics Media for $524M.

5. Chinese bike-sharing firm Ofo raises $866 million led by Alibaba.

6. Alibaba endorses Esports for Olympics, but not violent games.

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