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Page 135

Xiaohongshu returns to $500m funding talks

The Tencent and Alibaba-backed social commerce platform suspended the dicussions last year but is now retrying for financing at a $6bn valuation.

Jan 13, 2020

Casper to bed down in public markets

Target-backed sleep product provider Casper has set a $100m placeholder target for its initial public offering, having been valued at $1.1bn early last year.

Jan 13, 2020

Alibaba helps Nice Tuan nick new funding

Alibaba has taken part in an $88.3m round for the community e-commerce platform that came five months after its merger with counterpart Niwoning.

Jan 13, 2020

Inagora draws fresh funding

Investors including SBI and Sugi chipped in to help Inagora, the operator of cross-border e-commerce marketplace Wandou, raise $48.4m.

Jan 13, 2020

Line helps TimeBank clock up funding

Line Ventures backed a $36.2m round for AI-equipped e-commerce platform TimeBank that will help the startup acquire new users and partners.

Jan 13, 2020

Corporate venturing deal net: 6-10 January 2020

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Jan 10, 2020

Ant Financial feeds $150m to Zomato

The funding will make up part of a round expected to close at $500m in the next two months and valued the food listings and ordering platform at $3bn.

Jan 10, 2020

Soul Machines personifies $40m series B

University of Auckland Inventors Fund has contributed to a $40m series B round for AI-based avatar developer Soul Machines, with the investment led by Temasek.

Jan 10, 2020

Olo to order up $300m in IPO

The restaurant management software provider, which counts PayPal among its investors, could reportedly float at a billion-dollar valuation this year.

Jan 7, 2020

Trifo cleans up with $15m series B

Trifo, developer of a cleaning-based surveillance system, increased its total funding to $26m in a round that included Yidu Cloud.

Jan 6, 2020
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