Deal focus: Meituan makes a strategic move with Mobike
Meituan-Dianping's acquisition of Mobike means stellar returns for some of the early investors in the Chinese company - and more layers of intrigue in the competitive dynamic between Alibaba Group and Tencent Holdings
Mobike and Ofo together control over 90% of China’s bike-sharing industry but are engaged in a battle for market share that has them spending money on new bikes rather than pursuing profitability. After...
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Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.