Ride hailing and delivery service Pathao has raised more than $10m in pre-series B funding from investors including Go-Jek at a $100m valuation.
Month: May 2018
Big Deal: DocuSign dives into IPO boom
The e-signature technology provider’s shares have risen almost 50% since it floated on Friday, illustrating that IPOs are back with a bang for tech companies.
NetEase Youdao passes first funding test
The online education services provider has raised an undisclosed amount of funding at a $1.1bn valuation, adding Legend Capital to its shareholders.
Baidu spins out Du Xiaoman with $1.9bn
Baidu has divested a majority stake in its financial services unit, raising capital from investors including Taikang and ABC International.
RStor rests easy with $45m
RStor has emerged from stealth with a Cisco-led series A round to launch a multicloud platform as it prepares to increase its headcount.
SoftBank sets sights on PolicyBazaar in $200m round
The corporate’s Vision Fund is reportedly set to invest $150m in the insurance portal as part of the round, which could value it at $1bn.