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Consumer

GLP helps Dingding produce series A funding

Global Logistic Properties took part in a $14.4 round for business-to-business food supplier Dingding Fresh Food, adding to its portfolio of logistics-orientated businesses.


Oct 23, 2018

Tongcheng-eLong journeys towards $1bn IPO

The online travel agency is reportedly seeking $1bn from an initial public offering in Hong Kong that would provide exits to Tencent, Ctrip and Dalian Wanda.

Oct 23, 2018

Kite Hill consumes $40m in 301-led round

The plant-based food producer has completed a round led by General Mills subsidiary 301, which also co-led its last round in mid-2016.

Oct 23, 2018

Corporate venturing deal net: 15-19 October 2018

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

Oct 19, 2018

Alibaba makes a $288m date with 1919

Alibaba is set to invest $288m in the alcoholic drinks retailer at a time when consumer demand for wine and spirits is rapidly growing in China.

Oct 19, 2018

Holatek raises $86m from successful series D projection

Smart projector and TV manufacturer Holatek has attracted $86.5m in series D funding from a consortium led by Alibaba that featured the newly unveiled 36Kr Fund.

Oct 19, 2018

Thread pulls out $22m from series B round

Men's styling and fashion e-commerce platform Thread has now raised $40m altogether, having secured funding from H&M Co:Lab among others.

Oct 19, 2018

Swiggy gets ready to swallow $900m

The food ordering platform has reportedly drawn up a term sheet for a $900m primary and secondary round led by Naspers and backed by Tencent.

Oct 18, 2018

Instacart bags up $600m

The grocery delivery service, which counts Amazon, American Express and Comcast as investors, has increased its valuation 75% to $7.6bn in just six months.

Oct 17, 2018

EHI helps fill Goldbelly with $20m

Online specialty food retailer Goldbelly has raised cash in a series B round led by Union Square Hospitality's Enlightened Hospitality Investment vehicle.

Oct 16, 2018

LetsTransport loads up $12m

Fosun RZ Capital supplied $5m for trucking services provider LetsTransport, which reportedly already counts GMO, Flex, CBC Group and Mitsui Sumitomo Insurance as backers.

Oct 15, 2018

Alibaba merges Ele.me with Koubei

Alibaba will merge its online food delivery subsidiary Ele.me with its local services spinoff Koubei, following earlier reports that SoftBank was joining Alibaba to invest about $3bn of funding in the new business.

Oct 15, 2018
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