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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…
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16 July 2018 – Swisscom Venture to Set Up $200m Digital Transformation Fund
Listen nowFunds Telecommunications company Swisscom has run its corporate venturing unit, Swisscom Ventures, since 2005 but has constantly looked to fine-tune its approach. Its latest move…