App Annie Travels From China Origins To Global Shores
App Annie shows how to go from China roots to global outreach as it scales up its popular tracker of mobile app data, boosted with $63 million in new funding.
Category: China News
News Wrap: India’s Shopclues Gains Unicorn Status, Uber China Speeds Up, Beijing To LA Gaming Deal
Latest deals: Indian ecommerce site Shopclues goes unicorn, Uber China piles on capital, Grindr gap app gets cash from Beijing
1 More China Unicorn Is Born With Alibaba’s Funding Of Food Delivery App
Alibaba’s investment of $1.25 billion in an 020 food delivery app creates another Chinese unicorn startup even in these tighter venture times.
China’s Once-Hot Startups Feel The Pinch Of Tighter Venture Capital
Some of China’s once-hot startups are now feeling the pinch of tighter capital as the go-go days are fading.
Apple, Samsung Entering China’s Crowded Mobile Payments Market
Apple Pay and Samsung Pay are entering the Chinese mobile payments market by striking deal with state-owned UnionPay, but are going up against entrenched Alibaba’s Alipay and Tencent’s Tenpay.
Qihoo 360 Delisting Could Spark Many More Chinese Companies To Go Private
Qihoo’s huge go-private deal could spark more Chinese tech companies to head home and list anew in Shanghai or Shenzhen.
Tencent Launches $3.4M WeChat Fund for South African Startups
Tencent extends its reach into South African market with launch of a $3.4 million fund geared to businesses that use WeChat.
Alibaba’s New Mouse Ears & Printer’s Ink Round Out Deals For Year
Alibaba dealmaking continues strong with Disney and SCMP round out the year while 2016 looks strong.
Sharing Economy In China Gets A Lift With $47M For Car Rental Rides
The sharing economy in China gets a lift with $47M series B financing for Shanghai car rental service Atzuche.
Renren Extends With $22M Investment In Shiftgig, An Uber For Jobs
Renren is continuing its investment push into disruptive startups. The latest deal for the once China tech titan extends its reach into jobs, with an Uber of Job – Shiftgig.
Tuniu To Do $500M Deal With Beijing Hotel Group In Heated Rivalry For China’s Online Travel Market
Facing uphill battle against well-positioned Ctrip and Qunar in China’s online travel market, Tuniu is set to take in $500M investment from Beijing hospitality group and in a 24% stake deal.
China’s Lending Club Clone Dianrong Gets Set For $500M In Next Funding
Here goes another big fund raising for a fast-emerging China tech startup, and this one – Dianrong – is a clone of the Lending Club in the U.S.
