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Page 511

Dada-JD Daojia gets $500m from shopping trip

Walmart put up $320m of the cash for grocery delivery service Dada-JD Daojia while the rest came from another existing investor, JD.com.

Aug 9, 2018

Letgo nabs $500m from Naspers

Naspers invested the first $150m of the cash this summer, it revealed, and has pledged another $350m to bring the e-commerce platform's total funding to $975m.

Aug 9, 2018

Freee accounts for $60m series E

The accounting software developer added Line, Mitsubishi UFJ and Life Card to a roster of shareholders that already included Salesforce, Sharp, Recruit and SBI.

Aug 9, 2018

Xinai wins $73m in series A

IDG Capital and Huiying Borun have invested in Xinai Sport Media Technology, a joint venture launched by iQiyi and Super Sports Media this week.

Aug 9, 2018

Tianrang tees up $26m series A

Retail analytics technology developer Tianrang has picked up $26m in series A funding from a consortium that included fintech producer Wacai.

Aug 8, 2018

Bytedance tries for $3bn at $75bn valuation

The SIG-backed online media company is reportedly seeking a $70bn to $75bn valuation on the way to a 2019 initial public offering.

Aug 8, 2018

Rehman runs to Vision Fund

Faisal Rehman has become the latest ex-Deutsche Bank executive to join SoftBank Vision Fund, where he will head Middle Eastern investments.

Aug 7, 2018

Corporates open Moviebook with $199m

SenseTime and the SoftBank-backed SBCVC co-led the online advertising technology developer's series D round, which included Oriental Pearl.

Aug 7, 2018

Dianrong digs up $40m from DFIIG

DFIIG invested in Dianrong having formed a strategic partnership with the Orix and Standard Chartered-backed online lending platform in January.

Aug 7, 2018

Everbright Photonics shines a light on $22m series B

The Up Optotech-backed diode laser technology developer raised the cash from investors including SDIC and Suzhou Chengxin Venture Capital.

Aug 7, 2018
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