Jan 5, 2015 | China, East Asia, News
TechCrunch China-based Wanda E-commerce, which hopes to position itself as a rival against Alibaba, has raised one billion RMB (about $161 million) in funding from investment funds Shengke Limited and Hong Kong Xu De Ren Dao E-commerce Investment Co. Wanda E-commerce...
Dec 23, 2014 | China, East Asia, News
Yetang, a Chinese site that sells fashion and lifestyle products by smaller brands and designers around the world, has raised $5 million led by DCM. While smaller e-commerce sites face plenty of competition from formidable rivals like Alibaba’s marketplace Taobao,...
Dec 12, 2014 | China, East Asia, News
TechCrunch Qualcomm this summer announced plans to invest $150 million in Chinese startups, and it has cracked that new fund open to put $40 million into five different organizations in the country, including voice recognition startup Unisound and games development...
Nov 21, 2014 | Central & Eastern Europe, China, East Asia, News, Russia
The Moscow Times RusHydro, one of Russia’s largest power generating companies, is set to offer a majority stake in its far-eastern subsidiary to Asian investors, a news report said Friday. The asset in question is RAO Energy Systems of the East, in which...
Nov 18, 2014 | China, East Asia, News
TechCrunch V-Key, a security software maker for mobile apps, has raised $12 million from Alibaba Group affiliate Ant Financial Services and IPV Capital, a venture capital firm based in China. The Series B round means that Ant Financial now has a minority stake in...
Oct 9, 2014 | China, East Asia, News, North America
TechCrunch October 9, 2014 Smart remote software maker Peel has closed an additional $50 million in funding, supplied by Alibaba, the e-commerce giant which recently made its public market debut in the U.S. The company’s new funding is a strategic investment separate...
