As more than $28 billion in start-up investment is expected to be lost due in 2020, Indonesian entrepreneurs and investors are getting on the front foot to tackle to pandemic.
The US tech giant has sealed an open relationship with the dominant ride-hailing platform in Southeast Asia. Such “strategic” tie-ups muddy valuations.
The JV between Alibaba and SAIC Motor becomes financially independent as it raises $233 million from a public fundraising – its first – to develop intelligent in-car systems.
Following a $225 million series C financing, Indian business-to-business e-commerce portal Udaan breaks through the $1 billion barrier co-led by Lightspeed Venture Partners and DST Global.
Work out the next big thing, then find the right entrepreneur to unlock its potential; that's the philosophy of venture capital veteran Wei Zhou's year-old company.
An online education unicorn's $350m funding round underscores the sector's potential. But with valuations stretched and profits scarce, investors need to do their homework.
China's market for electric cara has mushroomed, a trend that can only continue as investors, manufacturers and regulators get more sophisticated. A private equity investor explains how he finds value.