Posted in Alibaba alibaba group asia Automotive Beijing China Fundings & Exits nio TC Tech Tencent Tesla

Chinese Tesla rival Nio trims IPO target: now aims to raise up to $1.5B

The U.S. IPO window may be wide open for Chinese tech firms, but electric vehicle maker Nio has conservatively cut the target for its NYSE…

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Posted in China Fundings & Exits Maoyan Maoyan Weiying O2O TC Tech Tencent

Maoyan, China’s largest online movie ticket service, files to go public in Hong Kong

Tencent-backed Maoyan Weiying, China’s largest online movie ticketing service, has filed for a public offering on the Hong Kong stock exchange. The company, which submitted…

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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 Adidas American depositary receipts Finance lvmh Nintendo Robinhood TC Tech Tencent ubisoft

Robinhood gives investors international targets to aim for with launch of ADR products

Robinhood, the app-based investment platform for all your speculative investing needs, has launched a tool for investors to throw money at publicly traded international companies…

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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 amazon asia binny Bansal e-commerce eCommerce Flipkart Google India microsoft Sachin Bansal Tech Tencent Walmart

Walmart completes its $16 billion acquisition of Flipkart

Walmart announced over the weekend that it has completed a $16 billion investment in Flipkart that sees it become the majority owner of the Indian…

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Posted in Alibaba alibaba group asia China consumer finance Didi Chuxing Fundings & Exits Japan online payments Paytm Softbank SoftBank Group Tech Tencent Vision Fund zhong an ZhongAn

SoftBank’s Vision Fund to help Chinese online insurance giant ZhongAn go international

SoftBank’s Vision Fund is backing Chinese online insurance giant ZhongAn through its latest investment, which could take the company — which has struggled for stability…

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Posted in apps China Fundings & Exits news aggregation Qutoutiao Startups TC Tech Tencent

Tencent-backed news aggregation app Qutoutiao files for U.S. public offering

Qutoutiao, a news aggregator app backed by Tencent, has filed for an initial public offering of up to $300 million in the United States. In…

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Posted in asia budget hotel network China Fundings & Exits India Malaysia nepal oyo oyo rooms real estate Softbank SoftBank Group Tech Tencent wedding planner

India’s budget hotel network OYO moves into wedding banquet services

OYO Rooms, the India-based budget hotel network that’s backed by SoftBank’s Vision fund, has prioritized expansion into China this year but that’s not all it’s…

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Posted in Alibaba alibaba group asia China e-commerce eCommerce economy europe Fundings & Exits germany Google grab JD online stores Retail retail stores Software Southeast Asia Tech Tencent Uber United States Walmart WeChat Yihaodian

Walmart co-leads $500M investment in Chinese online grocery service Dada-JD Daojia

Walmart sold its China-based e-commerce business in 2016, but the U.S. retail giant is very much involved in the Chinese internet market through a partnership…

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Posted in 99 artificial intelligence asia Australia Bhavish Aggarwal Brazil carsharing ceo China Collaborative Consumption Dara Khosrowshahi didi Didi Chuxing DST Global europe India Japan LONDON manchester Mexico Ola Softbank SoftBank Group taiwan Taxify Tech Tencent transport transport for london Uber unicorn United Kingdom

India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK

The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its…

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Posted in Alibaba asia carsharing China Collaborative Consumption commuting didi Didi Chuxing financial services Fundings & Exits Google grab Indonesia KKR lightspeed lightspeed venture partners offline to online Philippines Softbank SoftBank Group Southeast Asia Tech Tencent Thailand Toyota transport Uber United States vietnam vulcan capital warburg pincus

Grab picks up $2 billion more to fuel growth in post-Uber Southeast Asia

Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in…

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Posted in Android apps asia Beijing Bing censorshit China computing facebook Google Instagram New York Times play store Sundar Pichai Tech Tencent United States WeChat

Google is reportedly planning a censorship-friendly search service for China

Google’s search service could be poised to make a dramatic return to China next year, according to an explosive report from The Intercept. Google yanked…

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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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Posted in alibaba group asia China costco Director e-commerce eCommerce economy Funding Fundings & Exits Groupon lightspeed major online marketplaces online shopping Shanghai Social Media social networks Software taobao TC Tech Tencent United States viral marketing WeChat

The incredible rise of Pinduoduo, China’s newest force in e-commerce

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of…

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Posted in apps artificial intelligence asia China Gaming Google TC Tech Tencent

Google launches its first WeChat mini program as its China experiments continue

Google is continuing to test new strategies in China after the U.S. search giant released its first mini program for WeChat, the country’s hugely popular…

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Posted in Argentina Brazil business China economy Finance food Latin America movile Naspers Private equity TC Tencent United States

A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech

Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing…

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Posted in america asia China computing media Software Spotify Tencent

China’s largest music streaming business is planning a US IPO

Fresh from Spotify’s unique direct listing in the U.S., another huge streaming service is about to follow suit and go public in America. Tencent Music…

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