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Page 599

Foody enters Sea in $64m deal

Sea has acquired an 82% stake in portfolio company Foody, a restaurant booking, ordering and review platform also backed by CyberAgent, for approximately $64m.

Sep 29, 2017

Nexon nabs $80m majority stake in Korbit

Nexon has acquired a majority stake in SoftBank and SK Telecom-backed cryptocurrency exchange Korbit, in a deal that valued the company at $120m.

Sep 29, 2017

Jingchi cruises to $52m pre-series A

Nvidia GPU Ventures is part of a consortium that has provided $52m in pre-series A funding for Jingchi, a developer of self-driving car technology.

Sep 28, 2017

Suishou manages $200m series C

Fosun-backed Suishou operates a range of personal finance management apps that allow consumers to handle budgets and keep track of their credit card usage.

Sep 28, 2017

Meituan Dianping makes inroads on $3bn round

The online services provider, which has already raised $5.9bn, is reportedly nearing a $3bn Tencent-backed round that will value it at up to $30bn.

Sep 28, 2017

Qingting tunes in to $151m series E

Youku Tudou-backed online radio platform Qingting has secured $151m in a series E round provided by a group of unnamed investors.

Sep 27, 2017

Alibaba packs almost $800m into Cainiao

The e-commerce firm is set to invest $798m in logistics platform Cainiao, taking its stake from 47% to 51% and valuing it at approximately $20bn.

Sep 27, 2017
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