AAA August 2017 – Page 2

Western Digital gets Upthere

Upthere, a US-based personal storage service provider backed by corporates including telecoms firm NTT Docomo, was acquired by storage equipment producer Western Digital for an undisclosed sum on Monday. Upthere operates a cloud storage service for users’ photos, videos, documents and music. The service can be accessed through mobile apps or through the desktop. The… Continue reading Western Digital gets Upthere

GoGoVan reaches for 58 Suyun

GoGoVan, a China-based logistics company backed by e-commerce group Alibaba, and 58 Suyun, the freight subsidiary of online classifieds company 58 Home, have agreed to merge, the South China Morning Post reported on Monday. The combined entity would reportedly be valued at more than $1bn, creating Hong Kong’s first unicorn. The deal will be conducted… Continue reading GoGoVan reaches for 58 Suyun