Tencent Holdings has joined a $300 million Series B round for Zhuanzhuan, a Chinese second-hand goods trading platform controlled by US-listed online classifieds marketplace 58.com.
58.com re-upped in the round which also included undisclosed new investors. Tencent led a $200 million Series A in 2017. Wei Huang, CEO of Zhuanzhuan, described the latest round as a matter of survival,...
Industry attempts to contextualize the advent of artificial intelligence as a key moment in the history of humanity risk overheating a market already on fire
SBI Cards and Payments, the State Bank of India's (SBI) credit card arm and a Carlyle Group portfolio company, is looking to raise INR60 billion ($840 million) through a domestic IPO.
Chinese healthcare-focused GP HighLight Capital has reached the first close of $300 million on its third US dollar-denominated fund, but further progress is likely to be delayed by the coronavirus outbreak.
Amber Group, a Hong Kong-based start-up offering crypto-based financial services, has raised $28 million in a Series A round led by Paradigm and Pantera Capital.