China's most used ride-hailing app Didi Kuaidi announced an investment in Indian equivalent Ola. It now owns a stake in every major Uber rival on the planet.
The company aims to expand its presence by 2X to reach 200 cities and localize experiences.
Xiaomi obliterated months of rumors and blind guesses today by confirming a new US$1.1 billion round of funding.
The round is led by All-Stars Investment, a tech fund run by ex-Morgan Stanley analyst Richard Ji.
A whopping funding round for Asia's Spotify could help it strengthen its on the music streaming space in Southeast Asia
Can Flipkart be India's Amazon? That's a moot point as Flipkart has another benchmark. US$1 billion funding puts it in the same position as Alibaba in 2005.
Chinese gaming community YY has been having a good time since it debuted on the market (NASDAQ:YY) a couple weeks ago. It’s up over $13 a share now, and apparen...