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.
Category: USA News
Marry Me For Chinese Citizenship is the handiwork of a NYY grad who wants to call attention to U.S. and China visa issues.
Doesn’t look like 500 Startups is stopping soon as the early investor spreads its wings with Southeast Asia funds and opts to invest more in Japan and Korea.
Drone maker DJI joins pack of China tech titans setting up R&D labs and offices in Silicon Valley to tap local talent.
Asia funding raising is clearly on the upswing. GGV Capital and Sequoia Capital India are both raising mega funds for investing in emerging tech companies.
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.