Posted in Alibaba China Fundings & Exits hong kong Meituan Meituan-Dianping O2O TC Tech Tencent

Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high

Meituan-Dianping is reportedly aiming for a $55 billion valuation in its upcoming initial public offering in Hong Kong, but the company’s net losses and increasing…

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Posted in Airbnb cdrs eventbrite Finance Fundings & Exits IPO M&A Meituan-Dianping nio public markets SurveyMonkey Tech Uber

Fall 2018 tech IPOs face myriad of headwinds

2018 has been an incredibly strong year for IPOs, particularly in the technology sector. Among the brand names this year that have made their public…

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Posted in Andreessen Horowitz asia Baidu blockchain China Connie Chan Cryptocurrency decentralization didi Finance Huobi Meituan-Dianping sequoia capital Softbank Tech Tencent Uber Venture capital Y Combinator

Cryptocurrency and blockchain bring Asia funds to the forefront of U.S. tech

Since early 2017, there’s been a new trend in the U.S. where a number of Asian funds have been actively involved in early-stage crypto investing….

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Posted in Alibaba alibaba group asia carsharing China Collaborative Consumption didi Didi Chuxing driver Ele.me law enforcement Meituan Meituan-Dianping mobike Tech transport Uber Vice President

China’s Didi suspends carpooling service after another female passenger is mudered

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a…

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Posted in Alibaba alibaba group asia carsharing China Collaborative Consumption didi Didi Chuxing driver Ele.me law enforcement Meituan Meituan-Dianping mobike Tech transport Uber Vice President

China’s Didi suspends carpooling service after another female passenger is murdered

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a…

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Posted in asia China dcm ventures ggv capital Kleiner Perkins Matrix Partners China Meituan-Dianping nea sequoia capital Softbank TC Tech U.S. Securities and Exchange Commission Venture capital Xiaomi

Sino-US investment firms are targeting over $4 billion for new funds launched this year

As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and…

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Posted in asia business incubators China dcm ventures economy entrepreneurship Finance ggv capital Kleiner Perkins Latin America Matrix Partners China Meituan-Dianping Money nea operating system Private equity Securities and Exchange Commission Sequoia sequoia capital Softbank Startup company TC Tech Technology U.S. Securities and Exchange Commission United States Venture capital venture capital Firms Vision Fund Xiaomi

Sino-U.S. investment firms are targeting over $4 billion for new funds launched this year

As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and…

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Posted in Alibaba alibaba group apps asia Beijing China e-commerce Ele.me hema JD.com Meituan-Dianping online marketplaces Retail Shanghai starbucks taobao Tech Tmall United States

Starbucks partners with Alibaba on coffee delivery to boost China business

Starbucks is palling up with Alibaba as it seeks to rediscover growth for its business in China. China has been a bright spot for some…

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Posted in asia carsharing Collaborative Consumption ComfortDelGro food go-jek Google grab Indonesia Meituan-Dianping online food ordering Philippines Singapore Southeast Asia Tech Tencent Thailand Toyota transport Uber vietnam

Go-Jek kicks off Southeast Asia expansion with Vietnam launch

Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new…

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