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Analysis: Glovo picks up $134m

Last-mile delivery company Glovo raised $134m in a round backed by online retailer Rakuten and restaurant operator AmRest. The latter contributed $29m of the total funding.


Aug 1, 2018

Didi Chuxing considers cut-price Ofo acquisition

Bicycle rental platform Ofo is mulling a $1.5bn acquisition by Didi Chuxing, one of the backers that have invested $2.2bn in the company.

Jul 31, 2018

Cango hangs $44m up from IPO

The Didi Chuxing, Tencent and Taikang Life-backed automotive sales services provider had originally targeted $300m and then $150m.

Jul 30, 2018

BP pumps $10m into Nio Capital

Corporate venturing fund Nio Capital has received a $10m commitment from BP following a partnership agreement in May.

Jul 27, 2018

Mesh Korea nets Hyundai as an investor

Hyundai has invested $20m in last-mile delivery service Mesh and an undisclosed sum in electric scooter developer Immotor.

Jul 27, 2018

Volta plugs in to corporates for $35m

Invenergy Future Fund led the EV charging network's series C round, which included GE Ventures and Orsted Venture.

Jul 25, 2018

Westly Group whets corporate interest for $130m fund

Innogy and Duke Energy are the anchor investors for a fund where CLP Group, American Electric, Chubu Electric and Bridgestone are LPs.

Jul 24, 2018

Analysis: Booking reserves $500m for Didi Chuxing

Booking provided ride services company Didi Chuxing with additional funding as part of a strategic partnership

Jul 24, 2018

Nio Capital invites Yu to join team

Ex-Geely vice-president Nathan Yu has taken the fourth managing partner position at Nio's strategic investment vehicle.

Jul 19, 2018

Big Deal: Didi Chuxing gets $500m from Booking

Booking Holdings has provided more funding for Didi as part of a strategic partnership, as the latter looks to spin off its vehicle services arm in an IPO sized at up to $1.5bn.

Jul 17, 2018
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