Four of the top five unicorns are Chinese, trailing Uber that still holds the crown at $68 billion.
Their millions of users pay a surety upfront for the right to rent, translating into billions of dollars of cash.
Just as we started to question Masayoshi Son’s sanity for attempting to buy, well, everything, the Japanese visionary pulled off an impressive judo flip in India. As the largest backer of e-commerce startup Snapdeal, Son’s SoftBank Group Corp. had been trying to engineer a merger with Flipkart Group so the… Read more »
LeEco founder Jia to step down amid continued financial troubles.
The MoneyGram acquisition is designed to bring more U.S. sellers into the Alibaba ecosystem.
Should JD.com invest in Tokopedia, it’ll be following Alibaba’s taking control of Lazada Group SA
Son is a master salesman and looks once again to have had his way.
Jack Ma has offered a price that he should have three months ago.
Many investors will spend Tuesday gazing at Toshiba and asking, “will they or won’t they?” — delay earnings again, that is.
Talk about FOMO. As much as we may think venture capitalists are crazy to keep pouring kerosene on the global ride-hailing wars, a quick look at the shenanigans on China’s bike-share battlefield makes you wonder where the insanity stops. Matrix Partners, Citic Private Equity Funds Management Co., Macrolink Group, Warburg… Read more »