Mobile internet company Cheetah Mobile has agreed to acquire a 22% share of China-based smartphone display provider Moxiu in return for an investment of RMB 30m ($4.9m). Cheetah, already an investor in Moxiu, will buy the stake from Starsinhand, a subsidiary of internet portal Tencent, boosting its share of the company to 50.5% in the process.
Canada-based software developer Flybits raised $3.75m on Wednesday in a series A round co-led by Robert Bosch Venture Capital, the corporate venturing arm of…
