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Funding History
$3.2B
Round Size Investors Date
US$7.6m Yahoo! 31 Jul 2012
Rumoured
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Latest Editorial191

Apple’s USD1bn Didi Kuaidi Deal & Asian Tech Giants Form Cloud Firm

From Apple’s shock USD1bn Didi Kuaidi investment to Alibaba and Softbank’s joint cloud venture, here are the top stories in tech today. 1. Apple Invests In Didi Kuaidi In an unexpected and largely unprecedented move, Apple has invested USD1bn in...

Read More13 May 16
Online Lenders Need To Get Their Act Together To Survive

Online lenders are in trouble. LendingClub is mired in a scandal that’s already claimed its CEO, Prosper Marketplace is laying off 28% of its workers and Avant is seeing its loan volume tumble. To make matters worse, after a long period of ignoring...

Read More12 May 16
April Deal Book - Ant Financial Powers 95% Surge

Digital venture capital investment continues to grow impressively with April’s total up 95% compared to March and up 48% year-on-year. Dig a little deeper and the picture is a bit less impressive - more than half of venture capital raised in April was...

Read More10 May 16
GogoVan Takes Amount For On-Demand Logistics

On-demand logistics startup GogoVan has taken an undisclosed amount in series C funding round led by New Horizon Capital, along with Singapore Press Holdings, Hotung Investment Holdings, Alibaba’s Hong Kong Entrepreneurs Fund, and existing investors....

Read More06 May 16
Biometrics May Do More Good Than Harm

Biometrics, the science of recognising and analysing human behaviour from biological indicators, is going to transform the way we interact with machines. From fingerprint scanners, facial recognition software to tracking online behaviour, it’s a...

Read More06 May 16
European Fintech Taking On The US

In an important milestone for fintech, Germany’s Raisin just reached EUR1bn (USD1.1bn) in assets on its platform. It’s the first European fintech startup to do so and the third in the world after Wealthfront and Betterment - both of which are from...

Read More26 Apr 16
Ant Financial Secures USD4.5bn For Infrastructure Growth

China's Ant Financial, the Alibaba affiliate that runs Alipay, has completed a USD4.5bn Series B round of financing. China Investment Corporation and CCB Trust participated in the round as new strategic investors. Existing investors China Life Insurance,...

Read More26 Apr 16
Fintech Investment Doubles, But Focus Shifts

Fintech is changing fast. Lending and blockchain are 'in' when it comes to investment, while payments and bitcoin are 'out'. Investors are increasingly seeing bitcoin as a pipe dream while the disruption of payments is far enough along to make it...

Read More13 Apr 16
Alibaba Buys Lazada’s Controlling Stake For USD1bn

Alibaba buys a USD1bn controlling stake in Lazada, an e-commerce platform in Southeast Asia. The deal helps Alibaba to further expand overseas. The acquisition will help Lazada to improve its services and provide an effortless shopping and selling...

Read More13 Apr 16
Not Over For GoPro & End Of The IPO Freeze

Why it’s not all doom and gloom for GoPro, the end of the IPO freeze and some concerning Apple Watch sales estimates are among the stories and opinions you need to know in tech today. 1. Maybe GoPro Isn’t Doomed Not that long ago GoPro was a...

Read More12 Apr 16
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