Alibaba
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Finance
Kabbage secures $200M to fuel its AI-based loans platform for small businesses
Kabbage, the AI-based small business loans platform backed by Softbank and others, is adding more firepower to its lending machine:…
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Finance
Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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Splyt wants to connect the world’s ride-hailing apps for easy international roaming
The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and…
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Carrefour sale shifts the balance of power in China’s new retail battle
Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is…
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Alibaba proposes share split ahead of reported $20B Hong Kong IPO
Alibaba is being heavily linked with a public listing in Hong Kong, which could reportedly happen in Q3 and raise…
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STARTUPS
A young entrepreneur is building the Amazon of Bangladesh
At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with…
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STARTUPS
Alibaba-backed facial recognition startup Megvii raises $750 million
One of China’s most ambitious artificial intelligence startups, Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday…
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Trends
Yahoo spin-out Altaba is selling its entire Alibaba stake and closing down
Bye-bye, Altaba. The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it…
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