Not much jostling for the podium this week

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Hello reader,

Winner takes all.

It’s always interesting to see when someone is so far ahead in their field that the gap between them and others seems like a veritable chasm.

Take sports like soccer for instance – Messi has always far outshone his peers. And for people who are more into gaming like I am, just look at how Koreans have always dominated the competitive Starcraft 2 scene. This kind of success can happen in any field, even with companies.

This week’s slate of investments follows a similar idea. The top few firms have gotten a massive chunk of funding that together, the two biggest deals surpass the combined value of all other transactions.

Read on if you’d like to see which companies are responsible for this domination.

You can find all other important investment deals that happened over the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that recently took place.

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The biggest deals by country

🇦🇪 Careem is a private car booking service. Based in the United Arab Emirates, it got US$400 million from Emirates Telecommunications Group (e&) in exchange for a 50.03% stake.

🇸🇬 Singaporean ecommerce major Lazada secured US$353 million in a strategic investment from Alibaba Group.

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M&As

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Startups that are raising funds

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Killer pitch decks

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Exclusive listicles

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