The joint venture, Dada-JD Daojia, last year raised $500 million from Walmart Inc and JD.
SoftBank said to mull lending up to $20b to employees to invest in new fund
Editor’s take: The week that was – August 12-16
JD.com JV in talks to raise $500m in US listing: Report
Alibaba said to acquire Kaola unit from NetEase in a $2b deal
Harvard duo founded Indonesian P2P lender Modalku rises in booming market
Indonesian beverage chain startup Goola raises $5m from Alpha JWC Ventures
[Corrected] Indonesia’s Bukalapak says H1 gross profit higher than previous year
SoftBank’s Son said to be keen to back Zilingo, Indonesia’s Ruangguru, Aruna
OCBC bid for Indonesia’s Permata Bank may hinge on Jakarta’s blessings
New York-listed Alibaba was most likely to launch the offer as early as the third quarter.
The trade war opened up opportunities to sell Brazilian soybeans to China.
Rest of Asia
The IPO will be a key test of investor appetite for fast-growing, money-losing startups.
Samoyed originally filed in September 2018 to raise $80 million in an IPO on the New York Stock Exchange.
AInnovation has raised about $70 million so far from Sinovation, CICC ALPHA and Chengwei Capital.
Revenue at the company rose 42% to 114.9 billion yuan ($16.3 billion) in the three months ended June, surpassing the 111.6 billion yuan average estima
From time to time over the past several years, Neumann borrowed company money several times.
Uber has lost 24 per cent of its value since it began trading.
Even if the Alibaba deal proceeds, there’s little doubt that Chinese executives have become wary of Hong Kong.
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