SelinaWang
Stories by SelinaWang
SoftBank-backed DCM Ventures raises $880m for China investments
DCM's portfolio includes drug distribution platform YaoShiBang and streaming app Kuaishou.
Coronavirus disrupts China’s on-demand app industry
Instead of cashing in on the home-confined population, some food delivery apps have suspended operations.
AI startup AInnovation plans IPO at value of at least $1b in China
AInnovation has raised about $70 million so far from Sinovation, CICC ALPHA and Chengwei Capital.
Pinterest, Zoom Video debuts set pace for unicorns’ IPO race
Other high-profile companies with plans to go public include Uber, Slack, Postmates Inc., Palantir Technologies Inc. and Airbnb Inc.
Pinterest IPO raises $1.4b as it shuns social media, search engine tag
The IPO values Pinterest at about $12.7 billion. Pinterest’s last valuation, from a private funding round in 2017, was $12.3 billion.
Student sues JD.com, CEO Liu for damages over alleged rape
The rape accusations have hung over JD.com’s stock since they were made public in September.
SoftBank said to raise $15b more for its massive Vision Fund
In about two years, the Vision Fund has invested more than $70 billion in tech companies.
SoftBank’s Vision Fund promotes Lydia Jett to partner
Jett joined SoftBank four years ago, leading and managing global investments in consumer internet and e-commerce companies.
Alibaba eyes China-Hollywood deals after Green Book’s Oscar win
Hollywood studios have been hoping for an increase in the number of American films allowed into China, which is expected to soon overtake the US as th
Alibaba says China’s slowdown isn’t hurting it all that much
Tsai said the company’s growth would continue to outpace the broader economy as digital commerce expands faster.