Bertelsmann Asia Investment was among the investors that contributed to the cross-border e-commerce platform’s series C round.
Month: February 2018
Kakao Mobility picks up new funds
Kakao’s ride hailing spinoff, which is also backed by Orix, has raised almost $47m from Hong Kong Monetary Authority and two US pension funds.
IAC parks $23m in Honcker
On-demand vehicle leasing startup Honcker has raised $23m in series A funding from IAC that will support hiring and geographic expansion.
EBay to surrender Giosis stake in $700m deal
The online marketplace could give up its stake in e-commerce company Giosis as part of a deal where it will pay $700m for the latter’s Japanese assets.
Endotronix enlarges series C round
The heart monitoring platform has boosted its series C round to $37.1m, having reached a 2016 first close that included OSF Healthcare.
Alibaba aligns itself with $9.5bn Ele.me purchase
The prospective deal would involve Alibaba buying out the food delivery platform’s other backers, including Baidu, Tencent and JD.com, at a $9.5bn valuation.
Splitting Fares heads to Bosch acquisition
Robert Bosch has paid an undisclosed amount for the carpooling platform, giving InMotion Ventures its first exit.
Qualcomm docks at Dover for $6m seed round
Research and development firm Draper has spun off cyebrsecurity startup Dover Microsystems with $6m from backers including Qualcomm Ventures.
Alibaba ventures to SkyDeck for $24m fund
University of California, Berkeley’s accelerator has closed an oversubscribed fund that numbers Alibaba among its limited partners.
ZCool pulls in $15m from Shutterstock
The creative content platform, which has been Shutterstock’s Chinese distributor since 2014, also counts Dell and Hearst as investors.
Vision Esports wins $38m
Vision Venture Partners’ eSports-focused fund has raised $38m from LPs including Evolution Media, the New York Yankees and St Louis Cardinals.
HIS kicks in for KKday series B
The travel services provider has led $10.5m round for curated tourism experience portal KKDay, taking its total funding to $22m.
Danke Apartment banks $100m
Bertelsmann Asia Investments took part in a series B round that will be used to expand the apartment manager’s services and develop its big data technology.
Dropbox puts down $500m IPO filing
Salesforce is set to exit the file storage and sharing platform, which has filed to go public after raising more than $1.7bn in debt and equity financing.