Chinese eCommerce company Alibaba is reportedly going to invest a whopping $1.25 billion in an online food delivery firm Ele.me, picking up a 27.7% stake.
Ele.me was founded in 2008,... Read More
Indian technology economy is experiencing an influx of investments coming from its neighbouring... Read More
While India was engaged in celebrating its festival of lights to appease the Goddess of wealth, its next door neighbour China was splurging money online on the occasion of Singles... Read More
AngelList, an online platform which allows startups to raise capital from accredited investors has partnered with China-based private equity firm CSC Venture Capital to pour $400... Read More
Chinese food delivery startups Meituan and Dianping, have announced their... Read More
Intel Capital, the investment and mergers/acquisitions wing of Intel, has declared a $67 million investment in a group of eight Chinese technology companies, dealing in categories... Read More
Mingyuan Li, Vice President of Baidu Inc.,has revealed at the GMIC Bangalore 2015,that the company is planning to bolster support for its mobile products in India with... Read More
Chinese mobile ad platform Mobvista has set $100 million to expand its operations in India over the next three years.
According to the report, as part of the company’s... Read More
The partnership between Internet/Software biggie Qihoo 360 and Chinese phone hardware maker Coolpad has come to a not so pleasant end.
The partnership initially gave... Read More
Aheadx, a Beijing-based consumer drone manufacturing startup which was founded in 2014 has just raised a seed round of $2 million from Shenzhen- and Beijing-based VC firm AV ... Read More
Foxconn Technology is in talks to manufacture Apple’s iPhone in India, government officials said, in a move that could lower prices in the world’s No.3 ... Read More
Chinese online education startup, Genshuixue has raised $50 million in series A round at a valuation of $250 million, led by Hillhouse Capital.... Read More
The eCommerce explosion has revolutionized the way people shop for goods and services. Also, it has brought up a revenue stream which had been non-existent prior to the advent and ... Read More
Chinese regulators fined Qualcomm with $975 million after the U.S. chip maker company was found guilty of breaching national antitrust regulations.... Read More
According to Google’s real-time Transparency Report Tool, Google’s email services, essentially Gmail, is fully blocked in China and Google traffic in the country... Read More