Tag: billion
Alibaba acquires NetEase Kaola in deal worth $2 billion
Alibaba Group has acquired NetEase Kaola for $ 2 billion, the two companies said today, and will integrate it into Tmall, creating...
SoftBank announces AI-focused second $108 billion Vision Fund with LPs including...
SoftBank Group announced today that it will launch its second Vision Fund with participation from Apple, Foxconn, Microsoft and other tech companies and investors....
Banking startup N26 raises another $170 million at $3.5 billion valuation
Fintech startup N26 is raising $ 170 million a few months after raising $ 300 million. While it’s technically structured as a...
Warburg Pincus announces new $4.25 billion fund for China and Southeast...
Warburg Pincus, the private equity fund with over $ 60 billion under management, is doubling down on Asia after it announced a...
Google to acquire analytics startup Looker for $2.6 billion
Google made a big splash this morning when it announced it’s going to acquire Looker, a hot analytics startup that’s raised more than $...
Story of Kate’s 38-diamond necklace from foreign king with £1.5 BILLION...
KATE MIDDLETON, 37, is the wife of Prince William - the future king of Britain. The stylish Duchess of Cambridge has access to many...
Tesla is raising up to $1.5 billion through convertible note and...
Tesla is raising up to $ 1.55 billion through the sale of notes and shares, according to a filing made by the...
China’s Tencent is raising $6 billion through a bond sale
Tencent, Asia’s largest tech firm, is raising $ 6 billion after the Hong Kong-listed firm announced a new note sale today. Tencent last...
Daimler and BMW invest $1.1 billion in urban mobility services
Daimler AG and BMW Group officially agreed to merge their urban mobility services into a single holding company back in March 2018 with...
Chinese e-commerce challenger Pinduoduo is raising over $1 billion more
The price of competing with e-commerce giants Alibaba and JD.com is immense. That’s evidenced by challenger Pinduoduo, commonly known as PDD, which...
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