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Page 444

58.com gets $713m return from Chehaoduo ride

The corporate has sold part of its stake in online car trading platform Chehaoduo for more than $713m to an unnamed third-party investor likely to be SoftBank Vision Fund.

Mar 5, 2019

HaloDoc prescribes $65m series B round

Singtel Group and WuXi Apptec both contributed to a UOB-led round that increased the online healthcare platform's overall funding to $78m.

Mar 5, 2019

Zomato gets $50m boost from Delivery Hero

Delivery Hero has confirmed a $50m investment in the food listings and ordering platform as part of a $105m second tranche of a round that now totals $315m.

Mar 5, 2019

Ayana gets $330m recharge

The renewable energy project developer raised the cash in a round led by Eversource Capital, which is 50% owned by power producer Lightsource BP.

Mar 5, 2019

Go-Jek accepts $100m from Astra

Astra International has committed $100m in series F capital to Go-Jek as part of an agreement to integrate the corporate’s fleet management system into Go-Jek’s vehicles.

Mar 4, 2019

Grofers bags $60m

The funding was led by SoftBank Vision Fund, valuing Grofers at $425m, and provided as part of a larger round expected to close at between $120m and $140m.

Mar 4, 2019

Toshiba pushes $89m corporate venturing fund

The fund has been formed as part of a wider technology and research investment drive that will involve up to $8.3bn being spent in the next five years.

Mar 4, 2019

Xiaomi curates Zuiyou in $80m round

The electronics producer has led an $80m round for social content recommendation platform Zuiyou, whose shareholders also include SIG Asia.

Mar 4, 2019

Shuhe makes sure of $30m series B

Sina Corp has led a $30m series B round for media information and consumer credit provider Shuhe Technology and will collaborate with it on financial products.

Mar 4, 2019

Wu finds New Hope

Jenny Wu, a managing partner who helped set up Baidu Capital for internet group Baidu in 2016, departed at the end of 2018 to take up a chief investment officer role at New Hope Group.

Mar 4, 2019
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