Startup
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Taiping Assets Management leads US$309 million round in Shouqi Car Rental
Shouqi Car Rental raises US$309 million in a fundraising round led by Taiping Assets Management. Tianan Property Insurance and CCB International has also participated in the investment.
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Indonesia MDS raises ownership in Matahari Mall online for US$12.2 million
Indonesian retail firm MDS has increased its ownership in Global Ecommerce Indonesia (GEI), the parent company of local e-commerce startup, MatahariMall.com for a price tag of RP 164.9 billion (about US$12.2 million).
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Taiwan’s Next Entertainment raises US$25 million in Series A round led by China live streaming app Inke
Taiwan-based Next Entertainment, a live broadcasting platform, has closed its US$25 million in Series A financing which is led by Inke with participation from FunPlus, GSR Ventures and Mayfield. The funds will be used for…
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GIC, Tencent, Navlnfo to acquire a 10 per cent stake in open location platform HERE
GIC, Tencent, and NavInfo will be part of a consortium to acquire a 10 per cent stake in HERE as the company unveils its plans to bring its products and services to China.
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Global accelerator Startupbootcamp launches digital health accelerator in Chengdu, China
Startupbootcamp, which operates a global network of industry-focused accelerator programmes, has launched their first China-based programme, a digital health accelerator in Chengdu, the capital of China’s Sichuan province. This programme marks a joint partnership between…