DST Advisors
Indonesia's Shipper gets $63m Series B
Indonesian logistics start-up Shipper has raised a $63 million Series B round led by DST Global and Sequoia Capital India.
China home fitness brand Fiture raises $300m
Fiture, a Chinese developer of artificial intelligence-enabled home fitness devices, has raised $300 million in Series B funding led by All-Stars Investment, Legend Capital, DST Global, and Coatue Management.
China grocery platform Dingdong Maicai raises $700m
DST Global and Coatue Management have led a $700 million Series D for China-based online fresh produce delivery business Dingdong Maicai. Existing investors including CMC Group re-upped.
Alibaba, DST lead Series D for China's Nice Tuan
Alibaba Group and DST Global have led a $750 million Series D round for Shihuituan, a China-based community group buying platform also known as Nice Tuan.
China's Kuaishou surges on debut after $5.4b Hong Kong IPO
Kuaishou, a Chinese video-sharing and social networking platform backed by Tencent Holdings, 5Y Capital and DST Global, started trading at nearly three times its IPO price following a Hong Kong IPO that valued the company at HK$1.1 trillion ($142 billion).
India B2B marketplace Udaan raises $280m
Udaan, an India-based B2B marketplace, has raised $280 million from an investor group that includes existing backers Lightspeed Venture Partners, Tencent Holdings, DST Global, GGV Capital, and Altimeter Capital.
Sequoia joins $81m Series C for India’s Cred
Sequoia Capital India has joined an $81 million Series C round for India’s Cred, a credit card rewards start-up also known as Dreamplug Technologies.
DST leads $200m Series E for India's Cars24
Russia’s DST Global has led a $200 million Series E round for Indian used car platform operator Cars24 at a valuation of more than $1 billion.
Cross-border e-commerce player Wish files for US IPO
Wish, a cross-border e-commerce platform that connects Chinese merchants who primarily sell products through domestic channels like Alibaba Group’s Taobao and Tmall with consumers in the US and Europe, has filed for a US IPO.
China short video platform Kuaishou files for Hong Kong IPO
Kuaishou, a Chinese video sharing and social networking platform backed by the likes of Tencent Holdings, Sequoia Capital China, Boyu Capital and DST Global, has filed for a Hong Kong IPO.
China's Yuanfudao hits record valuation with $2.2b round
Yuanfudao, a Chinese education start-up that targets the K-12 segment, has raised $2.2 billion in Series G funding at a valuation of $15.5 billion, nearly double the valuation of its previous round, which closed in April.
China's Dada Nexus trades flat after $322m US IPO
Dada Nexus, a Chinese last-mile delivery platform backed by the likes of JD.com, Walmart, Sequoia Capital China, and DST Global, traded flat on its NASDAQ debut following a $320 million IPO.
B Capital leads Series B for Indian bookkeeping start-up
B Capital has led a $60 million Series B round for Khatabook, a digital ledger software provider for micro, small and medium-sized enterprises (MSMEs) in India.
China last-mile delivery platform files for US IPO
Dada Nexus, a Chinese last-mile delivery platform backed by the likes of JD.com, Walmart, Sequoia Capital China, and DST Global, has filed for a US IPO.
Korea's Kurly raises $164m Series E
Kurly, operator of Korean grocery delivery platform Market Kurly, has raised KRW200 billion ($164 million) Series E round from a group of domestic and international VCs.
Australia's Airwallex gets $160m Series D
The VC divisions of ANZ Bank and Salesforce have led a $160 million Series D round for Australian financial technology company Airwallex.
Deal focus: Baibu broadens its fabric scope
VC-backed Chinese B2B fabrics trading platform Baibu is making the transition from online marketplace to cloud-based consolidator of the country's fragmented factories
China fabrics platform Baibu raises $300m
Baibu, a Chinese B2B trading and services platform for the textiles and fabrics industry, has raised a $300 million Series D round led by DST Global.
Deal focus: Udaan signals India’s digital progress
B2B marketplace Udaan has achieved unicorn status faster than any of its illustrious Indian forbears. A readymade national broadband infrastructure certainly helped
India's Udaan raises $300m in Series D round
Indian B2B online marketplace Udaan has raised more than $300 million as part of an ongoing Series D round from investors including GGV Capital, Hillhouse Capital, and Silicon Valley-based Altimeter Capital.
Deal focus: Airwallex plots Asia payments expansion
Airwallex recently became Australia's newest unicorn following a $100 million Series C round, but the company's growth is largely based on an understanding of Chinese demand. Regional expansion is now the priority
Naspers leads $1b Series H for India's Swiggy
Naspers has re-upped in Indian online food ordering and delivering platform Swiggy, leading a $1 billion Series H round of funding for the company.
India's Meesho raises $50m Series C
Meesho, an Indian e-commerce platform focused on small businesses and emerging brands, has raised a $50 million Series C round led by Shunwei Capital, RPS Ventures, and DST Partners.
India's Udaan hits $1b valuation with $225m Series C
Indian B2B online marketplace Udaan, which was established by a team of former Flipkart executives two years ago, has received $225 million in Series C funding led by DST Global and Lightspeed Venture Partners.