Alibaba
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Trends
Alibaba cuts its revenue forecast as growth slackens
Alibaba’s long stretch of growth finally broke after the Chinese e-commerce giant reported somewhat underwhelming financial results for its Q2…
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Finance
Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit
South Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round…
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Trends
China’s Youon expands into Europe as other bike startups backpedal worldwide
A little known Chinese bike company is riding into Europe as its peer Ofo has applied the brakes to its…
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Trends
China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup
Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg…
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STARTUPS
Confirmed: ShopRunner acquires Spring, raises $40M
ShopRunner chief executive Sam Yagan conquered the online dating world. Can he conquer the e-commerce world, too? Hot off the heels…
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STARTUPS
China is funding the future of American biotech
Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been…
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