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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 that it has raised...

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to...

Ruhnn, a Chinese startup that makes influencers, raises $125M in U.S....

Ruhnn, a company that enables influencers to sell through e-commerce and is plotting to change the face of China’s fashion industry, has raised $125...

Yahoo spin-out Altaba is selling its entire Alibaba stake and closing...

Bye-bye, Altaba. The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative...

How Japan’s new imperial era broke the internet in a very...

Emperor Akihito of Japan is abdicating and passing the office to his son, Crown Prince Naruhito, and as part of the transition comes a...

China’s grocery delivery battle heats up with Meituan’s entry

Fast, affordable food delivery service has been life-changing for many working Chinese, but some still prefer to whip up their own meals. These people...

Alibaba has acquired Teambition, a China-based Trello and Asana rival, in...

Alibaba has made an acquisition as it continues to square up to the opportunity in enterprise services in China and beyond, akin to what...

Cross-border fintech startup Airwallex raises $100M at a valuation of over...

Australia-based Airwallex is the latest tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million...

Camera maker Insta360 raises $30M as it eyes 2020 IPO

Insta360, one of the pioneers in making 360-degree cameras, just raised $30 million in a Series C+ funding round from Chinese investors including Everest...

India’s entrepreneurial future

Few countries have more entrepreneurial potential than India. It’s home not just to the wave of IT offshoring firms of the 1990s and early...