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Yum China considers eating up Daojia for $200m

The fast food operator could beef up its food provision by acquiring the online food delivery app developer in a deal that would allow JD.com to exit.

Nov 25, 2016

Zola books $25m series C

The AOL-backed wedding registry platform has raised more than $40m to date after sealing a round led by Lightspeed Venture Partners at a $225m post-money valuation.

Nov 24, 2016

DPS consumes Bai Brands in $1.7bn deal

Dr Pepper Snapple Group has acquired antioxidant-infused drink producer Bai Brands, just over 18 months after it paid $15m for a 3% stake in the company.

Nov 23, 2016

HTC and Shenzhen launch world's largest VR fund

HTC, manufacturer of the Vive virtual reality headset, has partnered Shenzhen Municipal Government for the Shenzhen VR Investment Fund and is targeting a $1.45bn fundraise.

Nov 22, 2016

Sodexo to feed startups with $53m fund

The catering and facilities management company has launched a corporate venturing unit, Sodexo Ventures, and invested in restaurant engagement platform Wynd.

Nov 21, 2016

News round up 21 November 2016

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Nov 21, 2016

Babytree to grow with $450m

New strategic partner Fosun led the round, announced this by baby and child social e-commerce platform Babytree but closed in July.

Nov 18, 2016

Qufenqi to install itself in public markets

The Chinese instalment buying platform is seeking between $500m and $800m in a US IPO that will provide exits to Kunlun Tech and Ant Financial.

Nov 16, 2016

Hickies ties up $10m

The modular shoelace developer received the funding from backers including Sforza, the owner of new strategic partners Topper Brazil and Rainha, and a footwear brand that is most likely Adidas.

Nov 15, 2016
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