Qu Toutiao, or Fun Headlines, mulls an IPO in the US as soon as this year. NewsDeals | Tencent Leads News Aggregator Qu Toutiao’s USD 100 Million+ Pre-IPO Round1 min read
Plus, Singtel Innov8 invests in AI for IT operations startup Moogsoft. Walmart mulls to become Flipkart’s largest shareholder. NewsKrASIA Daily: China’s News Aggregator Fun Headlines Seeks US IPO at $3 Billion Value5 mins read
Internet traffic giants venture into online education sector for business expansion NewsDeals | China’s Largest News Aggregator Toutiao Leads $200 Million Investment in Education Startup 17zuoye4 mins read
By offering a package of services covering the whole glass industry chain, Atjubo.com aims not to be merely a go-between platform. NewsDeals | Disrupting the Glass Industry with Improved Efficiency, Atjubo.com Raises Nearly USD 15 Million4 mins read
Plus, Ofo raised USD 866 million in a round led by Alibaba. WhatsApp mulls a payment service in India. NewsKrASIA Daily: Grab Launches Fintech Platform to Provide Loans and Insurance5 mins read
The robot industry has moved into the fast development. NewsDeals | Collaborative Robot Firm JAKA Raises 60 Million Yuan A-plus Round to Speed up Expansion2 mins read
“The use of blockchain technology reduces the risk of data manipulation in transactions.” NewsDeals | Blockchain-empowered Foreign Exchange Platform TigerWit Raises $10 Million from SIG2 mins read
The deal marks the biggest investment in China’s bike-sharing startups to date. NewsDeals | Alibaba Leads Ofo’s $866 Million Round, Upping Competition with Tencent-backed Rival Mobike1 min read
Plus, SGX to Loosen Restrictions on IPOs. Uber is seeking a $1.25 billion loan. NewsKrASIA Daily: Top Cryptocurrency Exchange Binance Offers $ 250K Bounty For Arrest of Hackers5 mins read
The company was on a shopping spree last year, acquiring Musical.ly, News Republic and Flipgram. NewsChina’s Toutiao to Further Beef up Global Presence in 20183 mins read