Wednesday , December 12 2018
Home / Fundings & Exits

Fundings & Exits

China’s Tencent Music raises $1.1 billion in downsized US IPO – TechCrunch

China’s Tencent Music raises $1.1 billion in downsized US IPO – TechCrunch Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the largest tech …

Read More »

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the …

Read More »

Morgan Stanley lands coveted Uber IPO role – TechCrunch

Morgan Stanley lands coveted Uber IPO role – TechCrunch Uber has reportedly picked Morgan Stanley to lead its upcoming initial public offering, news of which became public last week when the ride-hailing giant filed confidentially with the U.S. Securities and Exchange Commission for an IPO expected in the first quarter of 2019. …

Read More »

Trello acquires Butler to add power of automation – TechCrunch

Trello acquires Butler to add power of automation – TechCrunch Trello, the organizational tool owned by Atlassian, announced an acquisition of its very own this morning when it bought Butler for an undisclosed amount. What Butler brings to Trello is the power of automation, stringing together a bunch of commands …

Read More »

Google has acquired one of India’s most popular train tracking apps – TechCrunch

Google has acquired one of India’s most popular train tracking apps – TechCrunch Google is increasing its efforts in India after it snapped up the team behind popular transportation app ‘Where is my Train.’ The app claims 10 million registered users and, as the name suggests, it helps commuters track …

Read More »

Tencent Music sued by investor ahead of $1.2 billion US IPO – TechCrunch

Tencent Music sued by investor ahead of $1.2 billion US IPO – TechCrunch China’s largest music streaming service has had a whirlwind year. With 800 million monthly users across multiple apps and a profitable business, Tencent Music Entertainment is gearing up for one of this year’s most anticipated initial public …

Read More »

Payment service Toss becomes Korea’s newest unicorn after raising $80M – TechCrunch

Payment service Toss becomes Korea’s newest unicorn after raising $80M – TechCrunch South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. …

Read More »

Uber files confidentially for IPO – TechCrunch

Uber files confidentially for IPO – TechCrunch Two days after Lyft submitted paperwork to the U.S. Securities and Exchange Commission for an early 2019 initial public offering, Uber has done the same, per The Wall Street Journal. The company filed confidentially for an IPO on Friday, marking the beginning a race …

Read More »

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a …

Read More »