VC firms that stand to gain from Alibaba’s proposal to purchase the remaining 82% of Youku Tudou include Chengwei Capital, Youku’s first institutional investor in 2005 (alongside Farallon Capital Management) which has also participated in each of the five successive funding rounds leading up to the company’s 2010 IPO. Other VC firms that have a stake...
Southeast beauty site startup draws $2M from Gobi to capitalize on model that worked in China.
JD.com’s move into Silicon Valley adds to trend of Chinese tech leaders with U.S. outposts and pursuit of cross-border business as competition grows.
New Upshot fund by former execs at SVB and Tesla adds to pool of capital on AngelList for startups.
India’s hot venture market gains more momentum as top VC firms Sequoia and Kalaari put $10M in Indian rental housing startup Greenhouse.
The merger of China’s Meituan, a “Groupon for China,” and Dianping, “China’s Yelp,” to create a $15 billion giant respectively backed by Alibaba and Tencent as well as several prominent VC firms, marks the largest combo in China’s Internet industry in a year when Internet deals involving Chinese companies are pegged at $58.4 billion, nearly double the amount for...
India’s mobile payment startups multiply with new funding for Chillr from Sequoia.
Alibaba turns to India for outreach, with new investments in Indian startups Paytm and Snapdeal.
Check out which tech leaders attended the summit in Seattle to talk about Internet standards.
Singapore Boosts VC Funds, Accel Injects $37.5M In Indian Healthcare, YY CTO Gets China Capital for US Startup
Deals of the week feature Indian healthcare, more VC for Singapore startups and former YY CTO in US startup with China funding
Silicon Dragon’s tab of new deals, VC funds, and trends in cross-border tech innovation and investment.
Weekly news roundup of Asia deals and trends.