FUNDRAISING

Google says invests in Indonesian ride-hailing firm Go-Jek

Google says invests in Indonesian ride-hailing firm Go-Jek

Published 29/01/2018

A Go-Jek driver rides a motorcycle on a street in Jakarta, Indonesia, December 15, 2017. REUTERS/BeawihartaSINGAPORE (Reuters) - Google has invested in Indonesian ride-hailing firm [more…]

Japan Display says reports of seeking funds not true, wants partner

Japan Display says reports of seeking funds not true, wants partner

Published 22/12/2017

Smartphone screen maker Japan Display Inc said in a statement on Friday that recent reports that it was seeking funds were not true, and that it was seeking a partnership with a "global company". [more…]

Britain`s Deliveroo raises $385 million for food fight

Britain`s Deliveroo raises $385 million for food fight

Published 24/09/2017

British food delivery company Deliveroo has raised $385 million in private funding, it said on Sunday, as it prepares for expansion to help it compete with publicly traded rivals such as Delivery Hero and Just Eat. [more…]

Slack valued at $5.1 billion after new funding led by SoftBank

Slack valued at $5.1 billion after new funding led by SoftBank

Published 18/09/2017

Software startup Slack Technologies Inc said it raised $250 million from SoftBank Group Corp (9984.T) and other investors in its latest funding round, boosting the company's valuation to $5.1 billion. [more…]

Hillhouse Capital plans new yuan fund to tap demand for China exposure: sources

Published 07/07/2017

Hillhouse Capital Group, an early investor in top Chinese technology firms including Tencent, Baidu and JD.com, plans to raise a new yuan-denominated fund and is currently pitching it to prospective investors, sources familiar with the plans said.

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Israel`s Gamida Cell raises $40 million for bone marrow trial

Israel`s Gamida Cell raises $40 million for bone marrow trial

Published 19/06/2017

Israel's Gamida Cell, which is developing cellular therapies to treat cancer and rare genetic diseases, said on Monday it raised $40 million to finance the advanced trial of its product NiCord to facilitate bone marrow transplants.

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Yao Ming`s PE firm seeks $250 mln for overseas sports assets with China angle

Yao Ming`s PE firm seeks $250 mln for overseas sports assets with China angle

Published 29/05/2017

Basketball - NBA Global Games - Shanghai, China - 09/10/16. Houston Rockets v New Orleans Pelicans Former Houston Rockets player Yao Ming is seen. REUTERS/Aly Song

Yao Capital, the Chinese private equity firm co-founded by former NBA superstar Yao Ming, said it aims to raise $250 million for its first U.S. dollar fund that will invest in overseas sports assets with relevance to the Chinese market.

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China`s Didi to raise $5 billion for overseas expansion

China`s Didi to raise $5 billion for overseas expansion

Published 27/04/2017

The logo of Didi Chuxing is seen at its headquarters in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Didi Chuxing, China's top ride-hailing firm, is set to raise a $5 billion funding round that values the company at about $50 billion.

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Uber rival Lyft looking to raise $500 mln fresh funds: source

Uber rival Lyft looking to raise $500 mln fresh funds: source

Published 03/03/2017

A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. REUTERS/Lucy Nicholson/Files

(This March 1 story has been refiled to correct paragraph four to say Qatalyst Partners was retained to assist with a possible acquisition instead of fundraising.)

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Ofo, Chinese bike-sharing firm, raises $450 million in latest funding round

Ofo, Chinese bike-sharing firm, raises $450 million in latest funding round

Published 01/03/2017

Students pose for pictures as they use ofo sharing bicycles at a campus in Zhengzhou, Henan province, China, September 6, 2016. China Daily/via REUTERS/File Photo

Chinese bike-sharing start-up ofo said it has raised $450 million in a fresh round of funding, as the firm faces up against deep-pocketed rival Mobike in one of the hottest sectors to attract tech investors.

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