Tag: China
Hellobike, survivor of China’s bike-sharing craze, goes electric
Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the...
Chinese electric carmaker Xpeng says Nio stock swings a ‘good lesson’...
Seeing your competitor undergo dramatic changes in fortune can be unnerving as there’s the fear that the same will happen to you. For electric...
Waresix hauls in $14.5M to advance its push to digitize logistics...
Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in...
China’s Didi removes 300,000 drivers amid safety overhaul
2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after...
From seed to Series A: Scaling a startup in Latin America...
Nathan Lustig Contributor
Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago, Chile.
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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 $4.25 billion fund...
Splyt wants to connect the world’s ride-hailing apps for easy international...
The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and Russia coupled with the...
Indonesia’s Kopi Kenangan raises a sweet $20M to expand its coffee...
Kopi Kenangan, a startup that wants to make quality, fresh coffee affordable to Indonesian consumers, has raised $20 million as it begins to consider...
FedEx sues the Department of Commerce after incident involving misrouted Huawei...
FedEx is suing the United States Department of Commerce, claiming that it has been “essentially deputize” to enforce its trade blacklist. The lawsuit comes...
JD.com’s logistics arm raises a $218 million investment fund
The logistics division of JD.com, Alibaba’s closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to invest in logistics-related companies...
