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24 September 2018 – Uber in Talks to Acquire Rival Careem
Listen nowExits Uber is already in talks to acquire Middle Eastern rival Careem and has now reportedly in negotiations to buy food delivery service Deliveroo. The price…
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17 September 2018 – Smart Car Producer Banma Completes $2.3bn Funding Round
Listen nowDeals Banma, the smart car producer formed by carmaker SAIC and e-commerce group Alibaba, has completed a $2.3bn funding round that included SAIC investment vehicle…
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10 September 2018 – Used Vehicle Marketplace Souche Raises $578m
Listen nowDeals Used vehicle marketplace Souche has attracted $578m in series F capital from investors including Alibaba, Sunshine Insurance Group and CreditEase. The round has brought…
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03 September 2018 – Uber Reaffirms Toyota Partnership
Listen nowDeals Uber has reaffirmed its partnership with Toyota, extending a pre-existing deal to include the development of an autonomous car-based ride hailing service, with Toyota investing…
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27 August 2018 – Walmart Completes $16bn 77% Acquisition of Flipkart
Listen nowExits Walmart has completed its $16bn acquisition of a 77% stake in Indian e-commerce marketplace Flipkart, as part of an ongoing drive into e-commerce that…
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20 August 2018 – Podcast and Radio Streaming Service Ximalaya Secures $580m
Listen nowDeals With much of the western VC industry seemingly on summer holiday (and frankly, who can blame them?), it’s up to China to pick up…
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13 August 2018 – Alibaba Plans to Merge Koubei and Ele.me
Listen nowDeals Alibaba spun off its local services platform, Koubei, with a $1.1bn round at the start of last year, and acquired food delivery service Ele.me…
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06 August 2018 – $585m Series B+ Round for Xiaopeng Motors
Listen nowDeals Grab has been on a tear in the last year, raising $2.5bn from SoftBank, Didi Chuxing, Toyota and Hyundai a year ago, before Toyota…
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30 July 2018 – Alphabet Shares Hit All-time High
Listen nowWith Facebook and Netflix stumbling without recognised corporate venturing units, it has been interesting to see the other big four US internet companies, Microsoft, Amazon,…
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23 July 2018 – First Half of 2018 Sets Up Record-breaking Spree for University-linked Deals
Listen nowFunds Petrochemical group Sinopec is committing approximately $1.5bn to an investment firm that will back technologies in areas such as intelligent manufacturing, new materials and energy. BlackFin…