April 30th, 2018China's search engine major, Baidu Inc has raised more than $1.9 billion for its maiden spun off financial service division from TPG Capital Management LP and Carlyle Group LP as it seeks funding to take on established fintech firms in China.
The deal has come in the wake of a scenario where China's government is tightening...
February 28th, 2018Tencent Holdings, China’s internet mastodon is again making sensation in the Indian market with another colossal investment. Indeed, after investing an eye-dropping $1.1 billion in cab-hailing firm Ola, back in October last year, Tencent Holdings are spilling the cash for yet another Indian firm. Gaana, a music streaming app is raising...
January 25th, 2018Another issue that is rising in China is tech apps taking over its rivals from the same backers. Recently, Meituan, a kind of Chinese technology that very few people out of the country understand is giving some serious competition to WeChat.
Tencent Holdings Ltd, the messaging giant app is the developer of WeChat and a key investor in...
August 1st, 2017SoftBank Vision Fund is in talks with India’s Flipkart Online Services Pvt. Ltd to invest $1.5 billion to $2 billion, according to a latest report by Reuters.
SoftBank is looking to put the funds into the largest Indian e-commerce operator within the next two months, said one of the people, asking to not be identified as the...
