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Big Deal: Cainiao picks up $1.5bn

The logistics service, backed by Alibaba and a host of other corporates, has reportedly raised funding at a $7.7bn valuation, illustrating the effect e-commerce has had on the logistics sector.

Mar 14, 2016

Investors lay on $35m for Soothe

The IDG-backed on-demand massage service has closed its third funding round in just over a year and the second to be led by private equity firm Riverside.

Mar 11, 2016

Xurpas sees Micro Benefits from $10m investment

The firm acquired a 23.5% stake in the employee engagement platform, which will help its Storm Flex Systems subsidiary expand into China.

Mar 10, 2016

WeWork finds space for Legend in $430m round

Legend Holdings and its private equity subsidiary Hony Capital co-led a round that could rise to $780m, and which is being raised at a $16bn valuation.

Mar 10, 2016

InTouch sinks $700,000 into Golfdigg

InTouch Holdings' corporate venturing unit has picked up a 25% stake in the golf course booking app developer, part of its 2014 accelerator batch.

Mar 8, 2016

Ninjacart wheels in $3m

Qualcomm and ZopSmart both took part in a round that will support the produce sourcing platform's growth and the strengthening of its technology base.

Mar 8, 2016

Africa Internet Group downloads $326m

The e-commerce holding group has raised funding from MTN, Rocket Internet and Goldman Sachs to add to cash provided by AXA last month.

Mar 3, 2016
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