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| Apr 14, 2022 | First Mover Asia: Taiwan Chip Manufacturer TSMC Remains a Crypto Skeptic; Major Cryptos Decline | Good morning. Here’s what’s happening:
Prices: Bitcoin, ether and other major cryptos decline amid ongoing macroeconomic uncertainty.
Insights: Taiwan chip manufacturer has stayed largely out of the crypto mining fray.
Technician's tak... |
| Dec 31, 2021 | «Meta явно не будет одна в этом забеге»: как работает китайская метавселенная от Baidu Статьи редакции | До 100 тысяч человек могут одновременно подключиться к виртуальному миру с помощью VR-гарнитуры, смартфона или компьютера. В отличие от Horizon Worlds, у цифровых аватаров даже будет видно ноги.
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| Sep 29, 2021 | China Money Network Unveils Corporate Brand Upgrade As FutureLogic | China Money Network Limited unveils its new corporate brand as FutureLogic.
FutureLogic, a premier intelligence, data and media platform bridging the Asian and global innovation economy, will fold numerous business units under its umbrella ... |
| Jul 7, 2021 | Unitree Robotics develops personal robot dogs that can jog with you | Wang Xingxing, the founder and CEO of Chinese firm Unitree Robotics, knows that most people think of his company as a copycat of Boston Dynamics, whose Spot robot dog garners plenty of attention, especially when it joined other robots to da... |
| Apr 7, 2021 | Beyond Meat opens China factory, its first outside US | Beyond Meat has announced the opening of its new production facility in China, signaling its intentions for the country’s fast-growing – and potentially very lucrative – alt-protein market,
Located in the eastern city of Jiaxing, near Shang... |
| Dec 28, 2020 | Global investors flee from Chinese tech stocks after the government crackdown on Ant and Alibaba | Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite.
Sh... |
| Jul 22, 2020 | Telemedicine: The Future And Changing Habits | Getty |
| Jun 15, 2020 | CHINA BRIEF | Tencent-backed online medical unicorn Miaoshou Doctor closes USD 85 million Series D1 round | Beijing Yuanxin Technology, also known as Miaoshou Doctor, has raised RMB 600 million (USD 85 million) in a Series D1 round, joined by Qiming Venture Partners, INCE Capital, Sequoia Capital China, Citic Securities, and Index Capital, accord... |
| Jun 2, 2020 | Hillhouse leads $160M round for Chinese antibody maker Genor | China’s Genor Biopharma banked $160 million from the likes of Hillhouse Capital and Temasek Holdings to advance its clinical-stage autoimmune and cancer programs, prepare the launch of its most advanced prospects and support early-stage R&a... |
| Jun 2, 2020 | Hillhouse leads $160M round for Chinese antibody maker Genor | China’s Genor Biopharma banked $160 million from the likes of Hillhouse Capital and Temasek Holdings to advance its clinical-stage autoimmune and cancer programs, prepare the launch of its most advanced prospects and support early-stage R&a... |
| Apr 29, 2020 | The biopharma funding engine motors on, as Chinese biotech raises nearly $280M in monster round | We have more evidence today that the appetite for biopharma financing is alive and kicking, the coronavirus pandemic be damned.
Reports emerged on Wednesday that Shanghai-based Mabwell Biotech has raised a mammoth $278.5 m... |
| Apr 7, 2020 | Chinese AI Company 4Paradigm Raises $230 Million | Chinese artificial intelligence company 4Paradigm announced it raised $230 million in series C+ funding with a post-money valuation of nearly $2 billion
Chinese artificial intelligence company 4Paradigm announced it raised $230 million in s... |
| Mar 29, 2020 | Обзор технологических стартапов в образовании за прошедшую неделю | Honorlock
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Что стало известно об инвестировании в стартапы EdTech на прошедшей неделе.
В порядке возрастания привлеченных инвестиций:
Sharpist
Индивидуальная платформа обучения профессионалов и руководителей
Помога... |
| Mar 12, 2020 | Agrifoodtech is global: here’s a list of the top 15 deals outside the US in 2019 | The US still dominates investment in the agrifoodtech space, with 44% of all fundings last year taking place in the country. But while deal numbers and investment value actually decreased Stateside compared to 2018, other geographies picked... |
| Jul 24, 2019 | Chinese face recognition tech unicorn SenseTime to set up an R&D center in the UAE | Chinese artificial intelligence startup SenseTime plans to set up a research and development center in Abu Dhabi, the United Arab Emirates, to support the company’s business in Europe, the Middle East, and Africa (EMEA), according to the co... |
| Jun 17, 2019 | The Most Recent Startup Investments Over $250 Million In 2019 | 240 Shares Email Facebook Twitter LinkedIn
2018 was the year supergiant VC deals became a nearly everyday occurrence. Equity funding rounds of $100 million or more dominated the global VC market, accounting for a vanishingly small percent o... |
| Jun 17, 2019 | The Most Recent Startup Investments Over $250 Million In 2019 | 242 Shares Email Facebook Twitter LinkedIn
2018 was the year supergiant VC deals became a nearly everyday occurrence. Equity funding rounds of $100 million or more dominated the global VC market, accounting for a vanishingly small percent o... |
| May 28, 2019 | Pets Gotta Eat: Crazy Dog Raises $43M | 18 Shares Email Facebook Twitter LinkedIn
Morning Markets: News out this morning indicates that a China-based company working in pet food delivery just raised a neat Series B.
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I recently re-read “F’d Compan... |
| May 7, 2019 | Daily funding roundup - May 7th, 2019 | Hubtype raised $1.1M; Virtuous closed $3M; MedCrypt landed $5.3M; CollegeDekho secured $8M
Aito: Aito gives new meaning to intuitive and safe operation of electronic devices. Aito has raised €1 million in seed funding, including from Nokia ... |
| Apr 12, 2019 | Merck's Keytruda wins US approval for wider lung cancer population; CymaBay breaks out positive data from ongoing PBC study | → Days after Merck’s entrenched flagship Keytruda immunotherapy scored a key lung cancer approval in China, the drugmaker has expanded its lung cancer market at home by winning approval for as a monotherapy for the firs... |
| Apr 10, 2019 | Top 20 Retail & Restaurant Tech Startups in 2018 | Retail and restaurant tech is a category of agrifood tech startups encompassing technologies and services aimed at making retail food businesses more profitable as well as improving shopper experience at the supermarket, in restaurants and ... |
| Apr 5, 2019 | Chinese co-working space giant Ucommune raises $29.8m: Report | Premium
Chinese co-working space giant Ucommune has raised 200 million yuan ($29.8 million) in a round backed by a real estate affiliate of Chinese industrial conglomerate Beijing Xingpai Group, according to a report filed by China Money Ne... |
| Apr 4, 2019 | Top 20 Startups Tackling the Middle of Food’s Supply Chain in 2018 | There is a growing number of startups tackling the portion of the supply chain between the farmers and the retailer, including traceability technologies, robotics for processors, environmental sensing and tracking technologies, logistics, a... |
| Mar 25, 2019 | TikTok quietly picked up assets from GeoGif, which created animated, location-specific overlays for video | Video-sharing app TikTok passed 1 billion downloads last month, and its parent company ByteDance is ramping up its efforts to monetize those users with ads, while also continuing to add more features to the app to keep people engaged. In a ... |
| Feb 13, 2019 | Charles River drops $510M to bag non-clinical CRO; Magpie raises $14.8M Series B to modernize traditional Chinese meds | → The early-stage specialists at Charles River Laboratories are adding a team of non-clinical CRO experts to their team with a $510 million (€448 million) acquisition of Citoxlab. Coming a year after Charles River’s last ... |
| Feb 11, 2019 | After ending a historic year on a muted note, China’s VC sector is on the up again | A total of 214 venture capital financing deals worth about US$3.96 billion were recorded in China in January, according to China Money Network data.
That’s US$590 million more than December’s total deal value, which concluded an industry-wi... |
| Jan 17, 2019 | JD.com is revolutionizing health services in founder’s hometown | China’s e-commerce giant JD.com is going full circle with its e-health services.
In Suqian, the hometown of JD founder Richard Liu, the company has “entirely moved” a bricks-and-mortar hospital to its online healthcare platform and connect ... |
| Dec 28, 2018 | Hellobike Raises Hundreds Of Millions, Despite Bike-Sharing Woes | 22 Shares Email Facebook Twitter LinkedIn
Morning Markets: Capping off a week of stock market turmoil, there’s new capital in the market for bike-sharing startups. That’s unexpected.
Today news broke that Hellobike, a China-based bike-shari... |
| Dec 28, 2018 | Hellobike Raises Hundreds Of Millions, Despite Bike-Sharing Woes | 23 Shares Email Facebook Twitter LinkedIn
Morning Markets: Capping off a week of stock market turmoil, there’s new capital in the market for bike-sharing startups. That’s unexpected.
Today news broke that Hellobike, a China-based bike-shari... |
| Nov 13, 2018 | Why the future of Chinese e-commerce is in its rural areas | Hugh Harsono Contributor
Hugh Harsono is a former financial analyst currently serving as a U.S. Army officer.
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Relocating Indonesian capital will impact nation’s startup ecosystem
Why the world’s first smart hi... |
| Nov 7, 2018 | China can apparently now identify citizens based on the way they walk | China is home to the world’s largest network of CCTV cameras — more than 170 million — and its police have adopted Google Glass-like “smart specs” to seek out suspects in crowds, but now its surveillance efforts have hit a new level with te... |
| Oct 29, 2018 | Bytedance привлекла $3 млрд, WeChat Pay и Alipay выходят на рынок Индонезии и другие новости рынка Азии за неделю | Обзор интересных событий рынка от Telegram-канала «Мобильная Азия».
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Bytedance привлекла $3 млрд при оценке в $75 млрд
Bytedance — частная компания с самой высокой оценкой. Аналитики оценивают бизне... |
| Oct 26, 2018 | Daily funding roundup - October 25th, 2018 | Lorem raised $2.5M; Pathmatics raised $3M; hackajob raised &6.7M; Area 1 Security raised $32M;
Lorem: Lorem has built a network of experts integrated with the most popular software tools to enable anyone to get instant, human help at an... |
| Oct 24, 2018 | Zebra Global Capital said to close Tencent-backed second fund | Premium
Beijing-based private equity firm Zebra Global Capital has completed raising its second fund, bringing its total assets under management to $2 billion, according to a report by China Money Network.
Continue reading this story with a... |
| Oct 22, 2018 | JD запустил сервис доставки, венчурный рынок Китая обогнал США и другие новости рынка Азии за неделю | Обзор интересных событий рынка от Telegram-канала «Мобильная Азия».
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Alipay Singapore, дочерняя компания Ant Financial, инвестирует $210 млн в индийский фудтех-стартап Zomato
После этой сделки компа... |
| Oct 20, 2018 | China is funding the future of American biotech | Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine.
It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US li... |
| Oct 19, 2018 | Term Sheet — Friday, October 19 | THE BIG BIRD RACE
Good morning. Polina is off today and will return next week. In place of this morning’s essay is a brand-new report by Lucinda Shen on the rise of electric scooter chargers—the people behind the multibillion-dollar busines... |
| Oct 19, 2018 | Daily funding roundup - October 19th, 2018 | Infraspeak raised $1.8M; Change Clothing Technology raised $3.6M; Skydrop raised $5M
Infraspeak: Infraspeak provides facility management software that speed up and simplify the process of registering and transmission the information. Infras... |
| Oct 17, 2018 | Today’s Tech Headlines: Grab’s second merger fine and Indonesia’s last mile logistics | The Essentials
Last mile logistics in Indonesia
While last mile delivery could be a bit tricky in archipelagic Indonesia. The advent of e-commerce and local consumers’ online shopping fervour, though made the business even more problematic,... |
| Oct 16, 2018 | Today’s Tech Headlines: Gartner’s 2019 top ten tech predictions | The Essentials The ten tech trends for 2019
IT consultancy Gartner highlighted the top ten tech trends for 2019, include:
– Autonomous things: robots, drones and autonomous vehicles,
– Augmented analytics: augmented intelligence that use ma... |
| Oct 15, 2018 | Инвестиции Tencent, рекордная доля китайских смартфонов на рынке РФ и другие новости рынка Азии за неделю | Обзор интересных событий венчурного рынка от Telegram-канала «Мобильная Азия».
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Китайская платформа для продажи свежих овощей привлекла $600 млн
Ведущими инвесторами выступили Tiger Global Managemen... |
| Oct 15, 2018 | Today’s Tech Headlines: SoftBank is the new form of IPO | The Essentials
SoftBank is the New form of IPO
Not every startup is like China’s Pinduoduo, dashing to the public market in a short span of a mere 3 years. While most startups weren’t ready for a public debut at the age of three; some, if l... |
| Oct 15, 2018 | Innovent to seek $400M-plus on Hong Kong IPO, reports say; will it revive biotech's fortunes on HKEX? | With a clear goal to lead the first biosimilar wave in China while giving a go at new drug innovation, Innovent Biologics has been raising impressive sums of cash in the past couple of years, setting some domestic records ... |
| Oct 12, 2018 | China’s Morningside Venture Capital raises $1b USD-denominated fund | Premium
China’s early-stage investor Morningside Venture Capital has raised about $1 billion for its latest US dollar-denominated fund to invest in technology startups, reported China Money Network.
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| Oct 11, 2018 | Today’s Tech Headlines: SEA’s funding tide breaks record | The Essentials Southeast Asia’s funding tide
As Southeast Asia’s startup heat keeps chugging up, venture capital funding in the first eight months in the region has broken last year’s record, outnumbering the total investments made in 2017.... |
| Oct 10, 2018 | Today’s Tech Headlines: Tencent breaks record while SoftBank sits in Grab’s front seat | The Essentials Tencent’s big defeat
Despite a consecutive 21 trading days stock repurchase, Chinese tech darling – at least one was – Tencent is still breaking records by losing more market value than any other companies worldwide.
The comp... |
| Oct 9, 2018 | Today’s Tech Headlines: Tencent invests in Nubank while Grab ties up with Microsoft | The Essentials
Tencent’s US$180 million investment in Nubank the Brazilian financial services company propelled the latter’s valuation to $4 billion, making it one of the highest valued unicorns in Latin America as well as in global emergin... |
| Oct 8, 2018 | Nubank Investment Underscores Tencent’s Quick Investing Pace | 18 Shares Email Facebook Twitter LinkedIn
Meet Nubank, a fintech shop out of Brazil that just raised $180 million from Tencent at a valuation of $4 billion. Forget the fact that the round is half secondary. It’s an enormous transaction, and... |
| Oct 8, 2018 | Во что вкладывает Юрий Мильнер: межзвездные космические корабли, мессенджеры, физика и финтех Статьи редакции | Какие проекты выбирает российский миллиардер для инвестиций.
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Time" data-image-src="https://leonardo.osnova.io/96b86cd9-e30b-bac4-1614-32b9061c310c/">
Фото: Time
Юрий Мильнер — российски... |
| Oct 8, 2018 | Nubank Investment Underscores Tencent’s Quick Investing Pace | 17 Shares Email Facebook Twitter LinkedIn
Meet Nubank, a fintech shop out of Brazil that just raised $180 million from Tencent at a valuation of $4 billion. Forget the fact that the round is half secondary. It’s an enormous transaction, and... |
| Oct 7, 2018 | [Updated] Faraday Future investor Evergrande Health now says the troubled startup is trying to back out of deal | Update: Faraday Future has responded to Evergrande Health’s filing with a public statement claiming that “contrary to what Evergrande has told the press and its shareholders, neither FF’s CEO YT Jia [Jia Yueting] nor anyone else ‘manipulate... |
| Sep 25, 2018 | China’s Maison Capital closes first USD-denominated fund at $200m | Premium
Consumer sector-focused private equity firm Maison Capital has closed its first US dollar-denominated fund at $200 million, according to a report by China Money Network.
Continue reading this story with a subscription to DealStreetA... |
| Sep 24, 2018 | Ola привлекла новый раунд инвестиций, Alibaba показала беспилотник для логистики и другие новости рынка Азии за неделю | Обзор интересных событий венчурного рынка за прошедшую неделю от Telegram-канала «Мобильная Азия».
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Grab Ventures приобрёл стартап по доставке продуктов питания HappyFresh
В течение последних нескол... |
| Sep 21, 2018 | Crushed By China’s P2P Crackdowns, Lufax’s Global Strategy Is Now Robo-Advisors | Just in March, Lufax had big aspirations towards launching an IPO that they hoped would raise its valuation to USD60 billion, a huge jump from when the company last valued at US$ 18.5 billion in 2016. Unfortunately, a rampant slew of Peer-t... |
| Sep 21, 2018 | Today’s Tech Headlines: Pinduoduo forays into high-end grocery delivery | SEA
Insurance giant Ping An opens wealth management app to Singapore investors. Via the app itself, investments are split between ‘fixed term’ and ‘flexible term’. The app currently uses facial recognition and other procedures to operate ne... |
| Sep 20, 2018 | China’s Fintech Giant Enters Singapore, Offers Online Wealth Management | After setting up base in Singapore end of last year, Lu International, a Singapore-based subsidiary of China’s Lufax, launches their first product—a wealth management platform.
Lufax was set up in 2011 by Ping An Insurance Group, a diversif... |
| Sep 12, 2018 | JD.id opens ‘new retail’ shopping kiosks at 9 Indonesian train stations | Source: JD.id.
JD.id launched nine virtual shopping kiosks at busy commuter train stations around Jakarta. Kiosk may not even be the right term. It’s a digital billboard that shows products that each have a corresponding QR code. You can sc... |
| Sep 4, 2018 | Tencent, Meituan-backed movie ticketing platform Maoyan files for HK IPO | Chinese online movie ticketing firm Maoyan Weiying (猫眼微影) has filed Monday with the Hong Kong Stock Exchange for an initial public offering (IPO), marking the latest case of a swath of Chinese tech unicorns seeking capital from the public m... |
| Aug 31, 2018 | Qiming, Hillhouse lead Jacobio’s $55M series C | China’s Jacobio Pharmaceuticals has raised $55 million in series C funding to advance an oncology asset into the clinic, conduct preclinical work and ramp up its R&D pipelines.
Founded in 2015, Beijing-based Jacobio is working on drugs ... |
| Aug 27, 2018 | Qutoutiao выходит на IPO, совместное предприятие Ele.me и Koubei и другие новости венчурного рынка Азии за неделю | Обзор важных событий рынка от Telegram-канала «Мобильная Азия».
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Шанхайский ньюсфид Qutoutiao планирует привлечь $300 млн в ходе IPO
Оценка компании достигла 1,6 $ млрд после мартовского раунда B. Приложе... |
| Aug 24, 2018 | Waymo opens subsidiary in China | Waymo, the former Google self-driving project that spun out to become a business under Alphabet, has opened a subsidiary in China.
The unit, called Huimo Business Consulting Co., opened in Shanghai on May 22, according to a filing with Chin... |
| Aug 23, 2018 | TPG, Orchid Asia back $110m Series C round for China’s Duiba | Premium
Chinese enterprise solution provider Duiba has raised a $110-million series C round led by private equity firms TPG and Orchid Asia Group, according to a report by China Money Network.
Continue reading this story with a subscription... |
| Aug 21, 2018 | China’s Tongshifu raises $44m Series B round led by Cathay Capital | Premium
Chinese online copper crafts platform Tongshifu has raised a $44-million Series B round led by Cathay Capital, according to a report by China Money Network.
Continue reading this story with a subscription to DealStreetAsia.
Subscrib... |
| Aug 20, 2018 | Nio выходит на IPO, Tmall начал продавать товары на Яндекс.Маркете и другие новости венчурного рынка Азии за неделю | Обзор важных событий рынка от Telegram-канала «Мобильная Азия».
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Китайский конкурент Tesla Nio собирается привлечь в ходе IPO на американской бирже $1.8 миллиардов
Nio в июле этого года запустил в серию первый элект... |
| Aug 14, 2018 | Ucommune fuels China co-working war with US$43.5m raised at $1.8b valuation | Beijing-based co-working space company Ucommune has secured US$43.5 million in its latest fundraising round from real estate developer RK Properties and investment firm Jingrong Holdings at a valuation of US$1.8 billion, according to a comp... |
| Aug 13, 2018 | WeWork China rival Ucommune raises $43.5M more at a $1.8B valuation | Barely weeks after WeWork China raised $500 million, one of its main rivals is refueling its tanks too. Ucommune — the company formerly known as UrWork until a WeWork lawsuit forced a rebrand — announced its $43.5 million Series C round.
Be... |
| Aug 13, 2018 | Chinese private rocket maker OneSpace gets $44m Series B boost | OneSpace Technology, a Chinese private rocket producer, announced today the closure of a US$ 44m (RMB300 million) Series B round, bringing its total funding to $116 million. Backers of this round include CICC Jiatai Equity Funds, China Merc... |
| Aug 13, 2018 | Softbank инвестировал в WeWork, JD.com открыл офлайн-магазин в Джакарте и другие новости венчурного рынка Азии за неделю | Обзор важных событий рынка от Telegram-канала «Мобильная Азия».
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Гонконгский travel-оператор Klook в ходе раунда D привлёк $200 млн
Компания планирует экспансию в США и Европу. Инвесторами выступили ... |
| Aug 9, 2018 | 5 Reasons Why The Plant-Based Revolution Is Actually Happening In Asia | 56 0
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The US and Europe get all the love in the headlines when it comes to the future of plant-based foods but from where we’re sitting, the real vegan revolution is happening in Asia. Below, we share our top five reaso... |
| Aug 7, 2018 | Tencent-backed Weimob files for IPO in Hong Kong | Chinese cloud-based marketing solutions provider company Weimob Inc., filed its application yesterday to list on the Main Board of the Hong Kong Exchange, according to its prospectus – a move that is increasingly popular with mainland tech ... |
| Aug 2, 2018 | Sequoia Capital leads $50m Series B+ in Chinese used goods app Xiangwushuo | Premium
Xiangwushou, a Shanghai-based used goods swap app, has raised $50 million in its Series B+ funding round led by venture capital investor Sequoia Capital, according to a CMN report.
Continue reading this story with a subscription to ... |
| Jul 30, 2018 | IPO Pinduoduo в размере $1,6 млрд, Google Station в Таиланде и другие новости венчурного рынка Азии за неделю | Обзор важных событий рынка от Telegram-канала «Мобильная Азия».
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Китайский стартап электронной коммерции Pinduoduo привлёк $1,6 млрд на IPO в США
По состоянию на апрель 2018 года на платформе было зареги... |
| Jul 24, 2018 | Alibaba joining $600m investment in Megvii, maker of Face++ | Alibaba is making further inroads into artificial intelligence with another investment in Chinese facial recognition technology firm Megvii, according to a report by Bloomberg on Monday citing people familiar with the matter.
The Chinese te... |
| Jul 23, 2018 | Booking инвестирует в Didi, новый раунд Zuoyebang и другие новости азиатского венчурного рынка за неделю | Обзор важных событий рынка от Telegram-канала «Мобильная Азия».
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Booking.com инвестирует $500 млн в китайский такси-сервис Didi Chuxing
В ходе стратегического партнерства бренды Booking.com будут пре... |
| Jul 17, 2018 | Alibaba-backed ASR Microelectronic secures $100m in IDG Capital-led Series B | Premium
Shanghai-based chip maker ASR Microelectronic has raised $100 million in a Series B round co-led by IDG Capital and Wanrong Hongtu Fund, according to a China Money Network report.
Continue reading this story with a subscription to D... |
| Jul 16, 2018 | 2018 Halftime Ka’Ching Report: U.S. Edtech Raises $739M in Venture Funding | So far, there have been fewer home-run funding deals than last year. But for the U.S. edtech industry, that’s no big deal: In the first six months of 2018, 62 companies raised $739 million in venture capital.
This year’s first-half funding ... |
| Jul 16, 2018 | WeWork’s biggest rival in China is on an acquisition spree | WeWork may have combined forces with its fiercest rival in China, Naked Hub, in a recent merger, but its new enemy numero uno in the country is also building up a roster of friends through aggressive M&A.
Ucommune may not be spending th... |
| Jul 16, 2018 | Закрытие двух шеринг-сервисов велосипедов, новый раунд GoGoVan и другие новости азиатского венчурного рынка за неделю | Обзор важных событий рынка от Telegram-канала «Мобильная Азия».
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Гонконгский логистический стартап GoGoVan привлёк $250 млн
Оператор «последней мили» GoGoVan помогает доставить вещи из точки А в точку Б. ... |
| Jul 12, 2018 | Today’s Tech Headlines: ofo pulls out of Australia; Malaysia regulates ride-hailing companies | SEA
Singapore-based financial products comparison platform GoBear has announced that Adrian Chng will succeed Andre Hesselink as its new CEO next Monday. Adrian Chng is a veteran in the startup and fintech circle. (KrASIA)
Malaysia will imp... |
| Jul 11, 2018 | Today’s Tech Headlines: Grab fined in the Philippines; Indonesia overturns ban on Tik Tok | SEA
The Land Transportation Franchising and Regulatory Board (LTFRB) ordered Grab Philippines to pay a P10-million fine for charging passengers additional fees. (Rappler)
Indonesia has removed its ban on Tik Tok, the Chinese video streaming... |
| Jul 11, 2018 | Meituan Dianping’s VC arm Longzhu Capital closes $300m first fund | Premium
Longzhu Capital, the venture capital arm of Chinese internet giant Meituan Dianping, has raised a total of RMB2 billion ($301.66 million) for its debut fund, according to China Money Network.
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| Jul 9, 2018 | Новости азиатского венчурного рынка со 2 по 8 июля | IPO компании Pinduoduo, 100 самопилотируемых автобусов от Baidu и другие новости азиатского венчурного рынка от автора Telegram-канала «Мобильная Азия».
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Alibaba Group и французский конгломерат Bolloré Gr... |
| Jul 9, 2018 | Today’s Tech Headlines: Tencent looks to list online music business in the US | SEA
The value of Singapore state investor Temasek Holdings Pte Ltd’s portfolio is likely to be a record high of S$300 billion. Concurrently, Temasek is buying a stake in Swiss-based airline caterer Gategroup Holding AG. (Deal Street Asia)
S... |
| Jul 6, 2018 | Today’s Tech Headlines: Grab & Uber face risk of fines; Douyin to partner with MCNs | SEA
The recent merger between Grab and Uber has resulted in higher prices and has infringed the Competition act as suggested by the Competition and Consumer Commission of Singapore. There is a possibility the merger could be undone if conce... |
| Jul 5, 2018 | Today’s Tech Headlines: Tik Tok setting up team of censors in Indonesia; Ant Financial invests in Peanut Subway | SEA
Chinese short video app Tik Tok is setting up a team of censors in Indonesia to combat “inappropriate content” to overturn the ban. The ban is said to be temporary by Minister of Communication and Informatics Rudiantara and could be lif... |
| Jul 5, 2018 | China VC has overtaken Silicon Valley, but do aggregate numbers tell the whole story? | The evidence is increasingly clear: 2018 is the year of the Chinese venture deal.
With half of the year now complete, China is driving ahead of Silicon Valley and the rest of the United States on venture capital dollars invested into startu... |
| Jul 4, 2018 | Today’s Tech Headlines: Razer launches Razer Pay e-wallet in Malaysia; Tik Tok banned in Indonesia | SEA
A report based on 167 fintech companies in Indonesia (obviously not exhaustive) noted around 38% of all Indonesian fintech companies are in the payments sector, followed by lending at 31%. (KrASIA)
Singapore’s e-commerce service provide... |
| Jul 2, 2018 | Today’s Tech Headlines: Trax raises $125m; Douyin suspends commercial operations | SEA
Headquartered in Singapore, retail tech solutions company Trax today announced that it has closed $125 million in a round of funding led by Chinese private equity firm Boyu Capital to support its global expansion plans and an upcoming I... |
| Jun 28, 2018 | Doug Leone, the global managing partner of powerhouse Sequoia Capital, is coming to Disrupt | Sequoia Capital has been at the top of its game in the U.S. for decades, thanks to early investments in Google, Yahoo, LinkedIn and PayPal, as well as, more recently, its stakes in the messaging startup WhatsApp, the payments company Stripe... |
| Jun 28, 2018 | Today’s Tech Headlines: M1 seeks to acquire AsiaPac Distribution; GT Capital to buy shares in Toyota Motor | SEA
Philippine conglomerate GT Capital announced it would buy Toyota Motor’s shares which are worth as much as $201.6 million. (Deal Street Asia)
Southeast Asia fashion startup Zilingo is looking to raise another $50 million at a $400 milli... |
| Jun 27, 2018 | Today’s Tech Headlines: Go-Jek in talks to raise $1.5 billion; Grab looks to fund new scooter service | SEA
Go-Jek is in talks to raise around $1.5 billion in a fresh funding round to fight against Grab, according to people familiar with the matter. (The Information)
Grab is looking to raise up to $350 million to finance a planned electric sc... |
| Jun 26, 2018 | Confirmed: Sequoia has already secured three-quarters of what will be an $8 billion global fund | Sequoia Capital, the 46-year-old venture firm, has secured $6 billion in capital commitments for an $8 billion global fund, according to a new report in the Financial Times. The report echoes a late April piece in The Wall Street Journal th... |
| Jun 26, 2018 | Deals | China Renaissance the bank helps create Didi Chuxing files for $800m HK IPO | China Renaissance, China’s boutique investment bank, filed Monday with the Hong Kong Exchanges and Clearing (HKEX) for an upcoming IPO tipped to be as early as October this year.
BAO Fan, the founder and CEO of China Renaissance, has reveal... |
| Jun 19, 2018 | CityMapper, the urban transportation app, is integrating with bike-sharing company Mobike | Hot on the heels of getting acquired for $2.7 billion by on-demand services startup Meituan-Dianping en route to its own $60 billion IPO, Chinese bike-sharing startup Mobike is ramping up its international push as companies like Uber, Lyft ... |
| Jun 14, 2018 | Today’s Tech Headlines: Grab to partner with Didi in self-driving; WeChat adds shopping search feature | SEA
Grab is in talks with Didi Chuxing, China’s ride-hailing giant, for partnerships in self-driving, Grab President Ming Maa told Chinese local news service 21jingji. (KrASIA)
Singapore’s PatSnap, an IP Analytic and Management platform, ha... |
| Jun 12, 2018 | Today’s Tech Headlines: Naspers in talks to invest in Carousell; Baidu reportedly to issue CDRs | SEA
South Africa-based Naspers, famous for its visionary investment in the then-loss-making Tencent in 2001, is in early-stage talks to invest in Carousell with an aim to make the startup a key player in the region, TechCrunch reports on Tu... |
| Jun 11, 2018 | Today’s Tech Headlines: Ant Financial invests in Xingbianli; Baidu preparing for CDR issuance application | SEA
Startup-O invests US$1 million in Liquidity Marketplace (LMX), a P2P marketplace for corporates, banks and non-banking financial institutions looking to source and deploy short-term liquidity, looking to use the capital to aggressively ... |
| Jun 8, 2018 | Live-streaming Platform Douyu TV Rumored to IPO Next Month at $700 Million | According to Chinese media reports, the popular live-streaming platform Douyu TV, is rumored to go public in Hong Kong next month at a valuation of $700 million.
SEE ALSO: Live Streaming in China: How to Win Fans and Influence Losers
Douyu ... |
| Jun 8, 2018 | Today’s Tech Headlines: Ant Financial raises $14 billion; Pinduoduo launches a clean-up campaign | SEA
Southeast Asia’s ride-hailing giant revealed its annual revenue for the first time. “Grab is the first transportation tech company in Southeast Asia to cross US$1 billion annual revenue,” Grab President Ming Maa said in an interview wit... |
