Techmeme

Results 1 - 10 of 43:

Lulu Yilun Chen / Bloomberg:
Sources: Chinese e-commerce startup Meicai, which helps farmers sell vegetables to restaurants, has raised $450M Series E at $2.8B valuation   —  Tiger, CMC, Genesis are said to lead $450 million investment  —  Meicai app seeks fund for expansion in vegetable sourcing
Jan 12, 2018, 6:35 PMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Tencent Music plans IPO in 2018, is expected to raise $1B+, valued at $10B   —  Internet giant is said to plan music-business IPO next year  —  Katy Perry, local artists exploit messaging, karaoke apps  —  One of China's most-anticipated initial public offerings next year …
Dec 17, 2017, 10:20 PMIn context
Lulu Yilun Chen / Bloomberg:
How activist Ma Jun aggregates data on China's worst water polluters, causing some to be banished from Apple's supplier list, in an effort backed by Alibaba   —  Online database records at least 830,000 cases of pollution  —  Western brands among customers using app to monitor suppliers
Dec 13, 2017, 4:40 AMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Chinese internet company Tencent is developing its own autonomous driving technology, including creating and testing a prototype internally   —  Tencent is said to have created an autonomous driving system  —  Tencent is competing with Google, Baidu, Tesla in the space
Nov 6, 2017, 10:50 PMIn context
Lulu Yilun Chen / Bloomberg:
Alibaba beats with Q2 revenue of $8.3B, up 61% YoY, and raises annual revenue growth forecast from 45%-49% to 49%-53%   —  Quarterly earnings-per-share also beat analysts' projections  —  Alibaba's dominance in Chinese retail is drawing advertisers  —  Alibaba Group Holding Ltd. raised …
Nov 2, 2017, 10:55 AMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Tencent-backed Meituan Dianping, China's largest group-buying and restaurant reviews service, is close to raising $3B+ at a $28B valuation   —  The startup is said to plan to seal funding round within days  —  Meituan is said to be raising at a $28 billion valuation
Sep 27, 2017, 3:55 PMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Sequoia and IDG Capital to invest in Beijing-based Bitmain, the world's largest bitcoin mining organization, which is raising a $50M round   —  Bitmain is said to raise $50 million for AI expansion  —  Bitmain produces bitcoin mining machines, runs mining pools
Sep 4, 2017, 5:50 AMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Tencent Music plans to sell about 3% stake at $10B valuation to strategic partners including labels to secure streaming rights in China ahead of an IPO   —  Chinese music giant said seeking funds at $10 billion value  —  Partnering with labels may help secure content deals
Sep 2, 2017, 8:05 AMIn context
Lulu Yilun Chen / Bloomberg:
Alibaba's Q1 beat estimates as revenue rose 56% YoY to $7.4B, with revenue rising 58% in core ecommerce, almost 50% in cloud, and 30% in media   —  Results beat projections on both the top and bottom lines  —  Cloud revenue doubles but media climbed just 30 percent
Aug 17, 2017, 9:00 AMIn context
Bloomberg:
Conflict in the community about how to scale Bitcoin, and competing software update proposals like SegWit2x and UASF, could lead to the cryptocurrency split   —  New proposal SegWit2x aims for compromise ahead of Aug. 1  —  Failure to agree could lead to bitcoin splitting into two
Jul 16, 2017, 2:00 AMIn context

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