The travel tech industry has got another unicorn. Following the likes of Airbnb, OYO, Traveloka and Klook, Korea’s Yanolja said today it has closed a $180 million Series D round that takes it valuation beyond $1 billion. The investment is led by GI...
Monday, June 10, 2019
Korean hotel platform Yanolja raises $180M at a valuation of over $1B #startups
Thursday, June 6, 2019
This entrepreneur is donating unwanted bike-sharing cycles to underprivileged students in Myanmar #entrepreneur
https://www.aiupnow.com What is the world to do with the graveyards of dockless bicycles left over after China’s bike sharing startups retreated from global markets? One man has come up with the best idea to date: donate them to students who need ...
Saturday, May 25, 2019
China’s largest chipmaker is delisting from the Nasdaq
https://www.aiupnow.com #smic The U.S-China trade war is increasingly influencing tech. Huawei has suffered a turbulent past week with key suppliers pausing work with the company, and now China’s largest chipmaker is planning to delist from the N...
Friday, May 17, 2019
China’s Luckin Coffee raises up to $651M in upsized US IPO #startups
Another week, another cash-burning tech IPO in the U.S. Following on from Uber’s high-profile listing, ambitious Chinese startup Luckin Coffee has raised up to $650.8 million on the Nasdaq after it priced its shares at $17. Despite concern at its h...
Chat app Line is adding Snap-style disappearing stories
https://www.aiupnow.com Facebook cloning Snap to death may be old news, but others are only just following suit. Line, the Japanese messaging app that’s popular in Asia, just became the latest to clone Snap’s ephemeral story concept. The company a...
Amazon leads $575M investment in Deliveroo
#amazon Amazon is taking a slice of Europe’s food delivery market after the U.S. e-commerce giant led a $575 million investment in Deliveroo. First reported by Sky yesterday, the Series G round was confirmed in an early UK morning announcement from...