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Jon Russell / TechCrunch:
Ride-hailing company Didi Chuxing launches a pilot food delivery service in China   —  Amid plenty of speculation, China's ride-hailing leader Didi Chuxing has officially entered the food delivery space.  —  The company, which acquired Uber's China-based business in 2016 …
Apr 9, 2018, 1:40 AMIn context
Jon Russell / TechCrunch:
Indian ride hailing service Ola acquires public transportation booking and real-time traffic service Ridlr for an undisclosed amount   —  The rumors are true, India's Uber rival/potential-future-M&A-buddy Ola has acquired transportation startup Ridlr in an undisclosed deal.
Apr 3, 2018, 2:55 AMIn context
Jon Russell / TechCrunch:
Singapore says it has reasonable grounds to believe Uber-Grab deal may violate competition laws, tells firms not to integrate businesses in the country for now   —  Uber's exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab's purchase of the U.S. firm's business …
Mar 30, 2018, 3:35 PMIn context
Jon Russell / TechCrunch:
Tencent Music Entertainment, Spotify's strategic partner in China, is valued at $12B+, according to Spotify's valuation of its 9% stake in TME, disclosed to SEC   —  Spotify has finally filed to go public, and in doing so the Swedish company has shed light on another huge music company …
Mar 4, 2018, 9:15 PMIn context
Jon Russell / TechCrunch:
JD.com posts a slim annual profit of $18M on $55.7B net revenues, up 40.3% YoY, for fiscal year 2017 after company posted a net loss of $139.7M for Q4   —  When you hear ‘e-commerce in China’ you'll probably ‘Alibaba,’ but another company is making progress to challenge the assumption …
Mar 4, 2018, 4:40 AMIn context
Jon Russell / TechCrunch:
India-based music streaming service Gaana raises $115M led by Tencent for creating more personalized services and features for listeners using AI   —  Chinese internet giant Tencent is continuing to put its money in India and in music streaming services after it agreed to lead a $115 million investment in India's Gaana.
Feb 27, 2018, 10:15 PMIn context
Jon Russell / TechCrunch:
Google's Tez, its payment service in India, updates to let users pay bills from 80+ organizations from its iOS and Android apps   —  Google's Tez payment service in India has gotten a major update that allows users to pay their utilities and other bills via the app.
Feb 19, 2018, 5:00 PMIn context
Jon Russell / TechCrunch:
SEC filing: Telegram raised $850M for its TON Blockchain, development and maintenance of Telegram Messenger, more; Telegram is reportedly raising funds via ICO   —  It looks like Telegram's billion-dollar ICO has reached its first milestone after the chat app company raised an initial $850 million, according to a filing.
Feb 17, 2018, 2:20 AMIn context
Jon Russell / TechCrunch:
ICO beneficiaries like Omise Go, Cosmos, Golem, Maker, Raiden launch Ethereum Community Fund; sources say members pooled $100M, will provide $50K-$500K grants   —  In a first of its kind, half a dozen ICO companies have come together to collaborate on a new fund that plans to pay …
Feb 16, 2018, 4:20 PMIn context
Jon Russell / TechCrunch:
Korean messaging platform Kakao's game business, Kakao Games, raises $130M from Tencent and others ahead of IPO   —  Korea's dominant messaging firm Kakao is back raising funds after its games business, a standalone unit that is headed for an IPO, pulled in $130 million (140 billion KRW) …
Feb 15, 2018, 11:15 AMIn context

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