Grab was one of bidders interested in 2C2P with preliminary offers ranging up to $200 million.
Trax seeks to finance three acquisitions with the fresh funding.
The deal marks Mary Meeker's debut investment from her new VC firm.
The firm is likely to exceed its original target of $200 million as it finishes raising money for the fund in the next few months.
Future Shape has funded more than 200 startups, and Fadell is looking to up that number in Asia. But in China, he finds it difficult to process the sh
The number of tech startups has grown to 4,000 in 2017, with 22,000 employees. There were 2,800 tech startups in 2003.
Qoo10 founder Ku says blockchain makes it cheaper to run an online marketplace.
The startup, called Leap, has acquired a majority stake in Cloud Comrade, a Singapore-based cloud computing consultancy.
A possible investment in GOJEK's Philippine venture would mark the latest technology play for Ayala, after it bought a stake in Zalora’s local unit.
Lazada is the single most important piece of a slowly coalescing international business for Alibaba that encompasses mainly sideline businesses in Ind
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