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Deals | Ant Financial bets on China’s staffless snack bars; strategically invests in Xingbianli

The startup also counts Sequoia Capital, Lightspeed China Partners, China Renaissance, and Vision Plus Capital as backers.

3 mins read

The middle kingdom arises, luring back its Chinese giants from the U.S bourses.
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KrASIA Weekly: China goes all out to lure its internet giants back home from the U.S. bourses
3 mins read
ONO, a Chinese block chain-based social network startup gets $16m boost in funding amidst growing competition.
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Deals | This decentralized social network raises $16m to take on, Facebook?
2 mins read
All you need to know about what happened in the tech world today.
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Today’s Tech Headlines: Ant Financial raises $14 billion; Pinduoduo launches a clean-up campaign
4 mins read
Douyu rival Huya listed on New York Stock Exchange in May.
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Tencent-backed Twitch-like Douyu reportedly files for $700m HK IPO
2 mins read
Grab doesn’t have a plan to break even now.
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For the first time, Grab reveals it’s on track to hit $1 billion in revenue this year
2 mins read
Strongly backed Go-Jek eyes Southeast Asia, as battle with Grab looms closer.
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Deals | Go-Jek was offered additional $1 Billion war chest as competition with Grab intensifies
2 mins read
Ant Financial raises $14b, this time jointly backed by existing and new global international investors.
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Deals | Ant Financial receives $14b Series C boost to expedite Southeast Asia push
2 mins read
Starting from Thursday, companies listed overseas with a valuation of over RMB 200 billion could start to apply for CDRs.
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China introduces CDR trial rules to win back Alibaba and Baidu from US bourses
3 mins read