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Results 21 - 30 of 40:

Lulu Yilun Chen / Bloomberg:
China's “Uber for trucks” Huochebang raises $115M at $1B valuation from Tencent, others   —  Tencent-backed Huochebang raised $115 million for expansion  —  IFC, All-Stars Investment co-led the new funding round  —  Truck Alliance Inc., an Uber-type service for trucks known …
Dec 26, 2016, 6:40 AMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Alibaba's on-demand services unit Koubei close to raising $1.2B round at $8B valuation from Silver Lake, Jack Ma's Yunfeng, others   —  Primavera, CIC also said part of higher-than-expected funding  —  Other backers said to include CDH Investments, Yunfeng
Dec 22, 2016, 10:20 PMIn context
Lulu Yilun Chen / Bloomberg:
Chinese selfie app maker Meitu closes flat on first day of trading after raising $629M at a $4.6B valuation in an IPO in Hong Kong   —  Chinese maker of selfie apps starts trading on Thursday  —  Meitu says mobile hardware contribution to drop to 30 percent
Dec 14, 2016, 11:40 PMIn context
Bloomberg:
Source: Airbnb in talks to buy Chinese home-rental rival Xiaozhu, which says it has 10M active users and over 100K listings in 301 cities across China   —  Companies said to hold multiple meetings on a combination  —  Airbnb planning to boost China workers, add more listings
Nov 23, 2016, 12:35 PMIn context
Lulu Yilun Chen / Bloomberg:
Alibaba sales of $5.1B beat estimates as cloud revenue more than doubled, sales from the new digital media and entertainment division quadrupled   —  Profit also beat expectations just a week before Singles' Day  —  Cloud revenue more than doubled, entertainment quadrupled
Nov 2, 2016, 8:05 AMIn context
Bloomberg:
Q&A with Didi CEO Cheng Wei on his journey from obscurity to China business hero, the Kuaidi merger, battle with Uber, self-driving cars, and Didi's future   —  Photographs by Ka Xiaoxi  —  At the Beijing offices of the ride-hailing startup Didi, many employees refer to Cheng Wei …
Oct 6, 2016, 6:45 AMIn context
Lulu Yilun Chen / Bloomberg:
Millions of Chinese live-streaming daily events, with most popular “showrooms” attracting 400K people at a time, earning top streamers $100K+/month   —  One popular video featured the nation's richest man playing poker.  Startups and web giants alike are cashing in by selling virtual gifts …
Jul 5, 2016, 8:35 PMIn context
Lulu Yilun Chen / Bloomberg Business:
Alibaba beats estimates for December quarter, revenue up 32% to $5.2B, profit of $1.92B   —  Alibaba Beats Profit, Sales Estimates on Rural China Push  —  Gross merchandise value surges 23% driven by mobile spending  —  Mobile monetization rates increased to 2.88% in quarter
Jan 28, 2016, 11:20 AMIn context
Bloomberg Business:
Chinese Airbnb rival Tujia raises $300M led by All-Stars Investment at over a $1B valuation   —  China's Airbnb Valued at More Than $1 Billion After Funding  —  Residential buildings stand in Beijing, China.  Photographer: Brent Lewin/Bloomberg  —  Tujia.com has raised $300 million …
Aug 3, 2015, 10:55 AMIn context
Bloomberg Business:
Sources: China's top taxi hailing firm Didi Kuaidi raising $1.5B at a valuation of $15B   —  Chinese Uber Rival Will Raise Funds at $15 Billion Valuation  —  A taxi and other vehicles wait in traffic outside the China National Convention Center in Beijing, China.  Photographer: Tomohiro Ohsumi/Bloomberg
Jun 15, 2015, 6:55 AMIn context

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