China's ecommerce giant, Alibaba has set a new sales record with its annual Singles Day event, reaching 121bn yuan (US$ 17.7 billion)
Japan’s Sekai Lab, A Crowdsourced App Development Service Secures US$2.5 Million For Market Expansion
Japanese Monstar Lab secures 250 million yen (about US$2.5 million) for the further expansion of crowdsourced app development service, Sekai Lab .
Interana, a California-based startup providing behavioral analytics solution has secured US$18 million in a funding round led by Vertex Ventures. The funding will be used to make behavioral analytics more available to digital transforming businesses.
Chinese Ubike raises US$22 million in Series A funding to get a competitive edge against Ofo and Mobike.
ToneTree has recently launched their Kickstarter crowdfunding campaign for OAK, an augmented reality platform that can turn an iPhone into a table top reality playground for any user.
Startup Gfresh raises US$20 million in its Series A from Alibaba's investment arm, Riverhill Fund and Legend Holding's investment arm, Legend Capital to facilitate the import of seafood into China
Malaysia's Fruiti King secures MYR 5 million (approximately US$1.19 million) through crowdfunding platform, CrowdPlus.asia. The funds will be used to expand the business oversea.
Bike-sharing startup, Mobike is exploring opportunities outside of China as it launches its first overseas branch in Singapore.
The popular search engine for GIFs raises an additional US$72 million in funding and is now valued at US$600 million.
Starbreeze Acquires Nozon, A Belgian Visual Effects Studio And PresenZ Technology Creator To Improve...
Starbreeze AB, an independent creator, publisher and distributor of entertainment products has acquired Belgian Nozon, a Visual Effects (VFX) Studio and PresenZ technology creator, for an amount of 7.1 MEUR (approximately US$7.78 million).