unicorns

Banma steps up R&D on intelligent vehicle tech

The JV between Alibaba and SAIC Motor becomes financially independent as it raises $233 million from a public fundraising – its first – to develop intelligent in-car systems.
September 14, 2018

Udaan: Indian e-commerce breeds another unicorn

Following a $225 million series C financing, Indian business-to-business e-commerce portal Udaan breaks through the $1 billion barrier co-led by Lightspeed Venture Partners and DST Global.
September 04, 2018

Jack Ma’s Ant Financial raises the bar for an IPO

Its $14 billion fundraiser lifts expectations for the valuation of its hotly anticipated IPO. Private investors’ ability to pile into China’s fintech champion squeezes room for public investors to participate during the listing.
June 08, 2018