Telecoms

Kaloyan Andonov, GCV Analytics, presents the results of The Global Corporate Venturing Survey 2018, our annual survey on the state of corporate venturing conducted in cooperation with Stanford University and Insead Business School.

Amazon Alexa Fund and GV have exited wifi router developer Luma, which had raised $22m, in an acquisition reportedly sized at more than $10m.

SoftBank Vision Fund has acquired a sizeable stake in automotive e-commerce platform Auto1, its first Germany-based investment.

Didi Chuxing's reported $600m acquisition of a majority stake in its Brazilian counterpart indicates a new level to its expansion plans.

China-based on-demand ride hailing service Didi Chuxing acquired 90% of its Brazilian counterpart 99

The IAC-backed internet service provider is targeting $55m for the round and has now raised $94m altogether.

Dialog Axiata Digital Innovation Fund, formed by telecoms firm Axiata's local subsidiary, is Sri Lanka's largest ever corporate venturing fund.

The customer relationship management software producer launched four specialist funds with $250m of capital and scored big on the IPO exit front.

Tencent added huge private equity deals to investments in the likes of Meituan-Dianping, Go-Jek and Flipkart before a run of huge IPOs late in the year.

The Google owner committed big money to Lyft and Airbnb as GV increased its late-stage deals, formed an AI fund called Gradient and exited from Snap and Cloudera in IPOs.