SelinaWang
Stories by SelinaWang
SoftBank fund plans $1b investment in Chinese AI giant SenseTime
The company has already announced two other funding rounds this year as it raised more than $1.2 billion.
Alibaba pulls back in U.S. amid Trump crackdown on Chinese investment
After a flurry of deal-making, Alibaba's corporate venture arm has announced only one fresh investment in the U.S. this year
Sequoia said to close fundraising for bulk of $8b global fund
Sequoia Capital has raised $6 billion for the global fund, with new investors accounting for a majority of the capital commitments.
China: Alibaba-owned Youku Tudou clinches deals with NBCUniversal, Sony Pictures
The multiyear agreements gives Youku subscribers access to hundreds of films from the studios.
China’s Toutiao said to buy karaoke app Musical.ly for $800m
The acquisition represents the biggest venture abroad thus far for the Chinese startup valued at $20 billion.
SoftBank leads $93m round in AI software startup Petuum
Petuum’s fundraising round included participation from PE fund Advantech Capital.
China’s Ant said to be renewing US review of MoneyGram sale
The preparations underscore the trouble Chinese buyers face in persuading the panel that investigates foreign acquisitions to greenlight takeovers
SoFi’s CEO steps down as sexual harassment claims damage morale
Cagney has engaged in at least one inappropriate relationship with a female employee, with suggestions of others.
Jack Ma is ahead of Jeff Bezos in grocery store ambitions
Alibaba had been quietly incubating its Hema grocery store concept for two years.
SoftBank Vision Fund leads $200m bet on Valley startup Plenty
Plenty says it has cracked the code on growing crops indoors super efficiently.