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Sina-Backed Fintech Platform Pintec Filed For U.S. IPO
Morning Report: Yet another young Chinese company has filed for a U.S. IPO. Follow Crunchbase News on Twitter Pinduoduo made waves this week after aiming for a $1.63 billion IPO in the United States....
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To Boost Germany’s Lagging Startup Sector, Incubator Connects Founders To The...
In 2013, two-year-old process mining startup Celonis matriculated at German Accelerator Tech (GAT), a startup incubator backed by the German government. Founders spent the next three months with the...
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Zuoyebang Raises $350M To Help Chinese Students Do Their Homework
Baidu-owned education startup Zuoyebang just raised a $350 million Series D led by Coatue Management. Participating investors include Goldman Sachs, Sequoia Capital China, New Enterprise Associates,...
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Alibaba Spends Over $2B To Boost Its Offline Presence In Outdoor Ads
Morning Report: Another day, another giant deal struck by Alibaba. In a bid to expand its online e-commerce outreach offline, Alibaba Group today announced a $2.23 billion investment in Focus Media, a...
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The Numbers Making Lime A Serious Competitor In Ridesharing
Scooter and bike sharing company Lime recently announced that it has surpassed 6 million rides, and that it achieved this number within a year of its launch in June 2017. The new figures cement...
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China’s Most Prominent Face Recognition Startups On Track To Raise $1.6 Billion
Chinese facial recognition startup Megvii Inc. is said to be raising at least $600 million from Alibaba Group and Boyu Capital, according to Bloomberg. The news comes in a week after Bloomberg reported...
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German Startups Entering U.S. Battle Cultural Challenges And Sleep Deprivation
Going global sounds good on paper, but it can be hard to find time for sleep. That’s a shared experience among German entrepreneurs looking to expand in the U.S. Either they’re crossing the Atlantic...
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RaiseMe Picks Up $15M To Award Students Incremental Scholarship Awards For...
College scholarship awarding startup RaiseMe announced a $15 million Series B today. The round was led by Teamworthy Ventures with participation from Salesforce Ventures, the Chan Zuckerberg...
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Top 10 German VCs Funding German Startups
Germans are becoming very serious about elevating their startup and venture scene. While startups based in Germany are expanding both at home and abroad, German venture firms are also on the rise in...
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Dynamic Yield Raises $32 Million To Personalize Online Shopping
Dynamic Yield, a personalization software startup, announced today that it has raised a $32 million Series D. This round is led by Tel Aviv-based Viola Growth with participation from Israel-based Union...
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