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Chinese Mobile Development Giant NetDragon Raises $52.5M For Its Online Education Business

Jan 7, 2015 | China, East Asia, News

 NetDragon, one of China’s leading mobile and games development companies, has raised $52.5 million in Series A funding for its online education business from investors including IDG Capital, Vertex Venture, and Alpha Animation, an animation studio based in...
‘Uber For Logistics’ Startup Lalamove Lands $10M To Expand In China And Southeast Asia

‘Uber For Logistics’ Startup Lalamove Lands $10M To Expand In China And Southeast Asia

Jan 5, 2015 | China, East Asia, News, Southeast Asia

TechCrunch Lalamove, an Uber-like service for logistics, has raised $10 million to expand its presence across Asia, where it already operates in six cities. The company, which began life in Hong Kong in December 2013, offers iOS and Android apps that allow customers...
Alibaba Competitor Wanda E-commerce Raises $161M At $3B Valuation

Alibaba Competitor Wanda E-commerce Raises $161M At $3B Valuation

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...
Chinese Fashion And Lifestyle Site Yetang Raises $5M Led By DCM

Chinese Fashion And Lifestyle Site Yetang Raises $5M Led By DCM

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,...
SoftBank Leads $90M Round For India’s Housing.com To Continue Its Asian Spending Spree

SoftBank Leads $90M Round For India’s Housing.com To Continue Its Asian Spending Spree

Dec 16, 2014 | East Asia, India, News, South & Central Asia

TechCrunch SoftBank’s investment spree in Asia is continuing today after the company announced a $90 million round for Locon Solutions, the company behind India’s Housing.com property portal. The Japanese telecom giant led the round in the property search company,...
Taiwan Startup iFit Raises $3M Series A To Expand Into China And Southeast Asia

Taiwan Startup iFit Raises $3M Series A To Expand Into China And Southeast Asia

Dec 15, 2014 | East Asia, News

TechCrunch iFit, an online fitness and weight loss community based in Taiwan, has raised a $3 million Series A led by Cherubic Ventures, with investors including Yuan-jin Capital, Sino Strategy Group, Alan Chien, and Ming-zhe Ou, the former general manager of Lenovo...
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