Weekly Wrap – Qiming raises a 5th fund of $650 million to invest more in China’s leading edge tech innovators while Softbank gears up to pour $10 billion in India over next 10 years.
Category: China News
Hong Kong fintech startup WeLab nabs $160 million and becomes a near-unicorn, a first for the city.
China capital is funneling into Europe, and London is a key destination for investing in startups with China market potential.
Mind-boggling amounts are going into Asian ventures – Norwest raises huge $1.3 fund amid new government-led startup capital while Meituan-Dianping pulls in $3.3 billion for market race dominance.
A new sort of publicly traded unicorn has been created with the $1 billion financing of JD’s fintech unit from Sequoia Capital China and Chinese strategic investors.
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.