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Page 731

Stratoscale measures out $27m

Qualcomm joined existing backers including Intel, Cisco and SanDisk for a series C round that pushed the data centre software provider's total funding past $70m.

Mar 23, 2016

Novaon to grow with $5m fund

The Vietnam-based digital advertising company is using its Novaon Fund unit to expand its operations by incubating and investing in local startups.

Mar 23, 2016

IDG goes for EZbuy in $20m series B

IDG Capital returned to reinvest in the Southeast Asia-based e-commerce company, which raised the cash as it rebranded from 65daigou.

Mar 23, 2016

YTO Express to list in $2.7bn reverse merger

The logistics company, which received funding from Alibaba in may last year, will list in China through a reverse merger with garment producer Dalian Dayang Trands.

Mar 23, 2016

Lippo reveals Grab investment

The conglomerate disclosed its earlier funding of the ride hailing app, formerly known as GrabTaxi, alongside the formation of an e-commerce delivery partnership.

Mar 22, 2016

SoftBank takes stake in Shanghai Pharma online unit

SoftBank and Shanghai Charity Foundation invested $21m in Shanghai Pharmaceutical Big Health Yunshang, formed by Shanghai Pharmaceuticals.

Mar 21, 2016

Big Deal: Le Sports shoots for $1bn

HNA Group has invested $185m in sports streaming platform Le Sports as part of a round that could end up topping $1bn, showing how online companies are helping China's media sector rapidly grow.

Mar 21, 2016

Fosun reacts with Molbase in series C round

Molbase, a marketplace for chemicals suppliers, has obtained series C funding from a consortium featuring Fosun-backed firm Kinzon Capital.

Mar 21, 2016
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