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.
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.
Latest deals: Indian ecommerce site Shopclues goes unicorn, Uber China piles on capital, Grindr gap app gets cash from Beijing
Alibaba’s investment of $1.25 billion in an 020 food delivery app creates another Chinese unicorn startup even in these tighter venture times.
Some of China’s once-hot startups are now feeling the pinch of tighter capital as the go-go days are fading.
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’s huge go-private deal could spark more Chinese tech companies to head home and list anew in Shanghai or Shenzhen.
Tencent extends its reach into South African market with launch of a $3.4 million fund geared to businesses that use WeChat.
Alibaba dealmaking continues strong with Disney and SCMP round out the year while 2016 looks strong.
The sharing economy in China gets a lift with $47M series B financing for Shanghai car rental service Atzuche.
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.
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.
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.