Mercedes Ruehl / Financial Times:
Sources: Indonesia's GoTo is raising $1.5B at a $28.5B valuation, including $400M from the Abu Dhabi Investment Authority, ahead of an IPO next year — Abu Dhabi Investment Authority-led round lifts super app's value by about 60% ahead of listing — The Abu Dhabi Investment Authority …
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Thursday, October 21, 2021
Sources: Indonesia's GoTo is raising $1.5B at a $28.5B valuation, including $400M from the Abu Dhabi Investment Authority, ahead of an IPO next year (Mercedes Ruehl/Financial Times)
Analysis: Chinese livestream salesman Li Jiaqi, known for trying on makeup on his show, sold $1.9B in goods on Alibaba's Taobao during its Singles' Day festival (Jinshan Hong/Bloomberg)
Jinshan Hong / Bloomberg:
Analysis: Chinese livestream salesman Li Jiaqi, known for trying on makeup on his show, sold $1.9B in goods on Alibaba's Taobao during its Singles' Day festival — - Record on first day of Alibaba's Singles' Day shopping binge — Signals China's consumer strength despite economic slowdown
Chinese chipmaker Clounix, which focuses on network chips, raises $63M across angel and seed, the latter led by China Internet Investment Fund (Liya Su/DealStreetAsia)
Liya Su / DealStreetAsia:
Chinese chipmaker Clounix, which focuses on network chips, raises $63M across angel and seed, the latter led by China Internet Investment Fund — Software solutions firm Hangzhou Clounix Technology has raised approximately 400 million yuan ($63 million) in angel and pre-Series A funding, it said in an announcement.
Paris-based collaborative learning service 360learning raises $200M from Sumeru Equity, Vision Fund 2, and others to fund a US expansion (Benoit Berthelot/Bloomberg)
Benoit Berthelot / Bloomberg:
Paris-based collaborative learning service 360learning raises $200M from Sumeru Equity, Vision Fund 2, and others to fund a US expansion — - 360learning is currently considering strategic acquisitions — French startup will also use new funds to expand into U.S.
Over 2,000 hourly Amazon workers at its Staten Island facilities sign union cards and plan to file with the NLRB by October 25; Amazon opposes the move (Wall Street Journal)
Wall Street Journal:
Over 2,000 hourly Amazon workers at its Staten Island facilities sign union cards and plan to file with the NLRB by October 25; Amazon opposes the move — An effort said to involve more than 2,000 workers across four Amazon facilities in Staten Island faces obstacles
Donald Trump is ready with his 'Truth Social' app: Key details
Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)
Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...