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Investors in LatAm get bitten by the hotel investment bug as...

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Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7...

Y Combinator’s short-lived China dream

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Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people...

China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel

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Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people...

Naspers Foundry is open for South African startup pitches, CEO says

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Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches, after making its first...

Khatabook raises $25M to help small businesses in India record financial...

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Even as tens of millions of Indians have come online for the first time in recent years, most businesses in the nation remain offline....

India’s Milkbasket in talks to raise over $50M

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Milkbasket, a Gurugram-based micro-delivery startup, is in talks to close a new financing round as it looks to expand its footprints in milk, groceries,...

WeChat restricts controversial video face-swapping app Zao, citing “security risks”

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Zao went viral in China this weekend for its realistic face-swapping videos, but after controversy about its user policy, WeChat restricted access to the...

Tencent brings cloud service to Japan in global push

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The world’s largest video game publisher is looking outside its home country for growth. Tencent, the Chinese internet behemoth that operates WeChat and a...

Carrefour sale shifts the balance of power in China’s new retail...

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Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is switching up its approach...

Alibaba proposes share split ahead of reported $20B Hong Kong IPO

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Alibaba is being heavily linked with a public listing in Hong Kong, which could reportedly happen in Q3 and raise up to $20 billion....