Month: November 2017

 Yotpo, a platform that lets companies gather content from their customers in the form of reviews, Q&As, photos and videos, mainly for use in marketing, has closed $51 million in Series D funding. Read More

from TechCrunch

 China Literature, the e-publishing business backed by Tencent, enjoyed an impressive debut as public company with its share price rising as high double during its first day on the Hong Kong Stock Exchange. The business raised over $1 billion from the listing which saw it spin out from Tencent. The listing price was set to HK$55 and the share valued reached HK$110 in early trading, going on… Read More

from TechCrunch

 CargoX announced today that it has raised $20 million in Series C funding led by Goldman Sachs. The startup is currently focused on the Brazilian market, where it connects businesses that need to ship something with drivers who have excess capacity in their trucks. The goal is to help truckers make more money while reducing shipping costs for businesses. Read More

from TechCrunch

 As it looks to expand the global footprint of its internet-enabled digital advertising and informational kiosks, New York-based Intersection has raised $150 million in a new round of financing.  Read More

from TechCrunch

 MyMusicTaste, a Seoul-headquartered service that lets fans campaign to bring their favorite artists to their city, plans to double the concerts it organizes next year after raising an $11 million Series C. Read More

from TechCrunch

 Airbnb continues to be an ecosystem in its own right, with a number of startups building a business by making the lives of hosts easier and potentially more lucrative. One such company is London-based Hostmaker, an upmarket Airbnb management service, which today is announcing $15 million in Series B funding.
The round is led by Sansiri, one of Thailand’s largest premium real estate… Read More

from TechCrunch

 Tencent’s China Literature, an Amazon-like e-book business, is continuing the trend of Asian tech IPOs after it announced its public listing in Hong Kong will raise $1.06 billion on Wednesday. The company set the price for its 151,371,800 share offering at HK$55, the top end of its range, and it could sell an additional 22.7 million through a greenshoe option with underwriters. The… Read More

from TechCrunch

 Mojiworks, the U.K. startup building games for messaging apps, has raised £2.1 million in Series A funding. The round is led by Balderton Capital, with participation from previous backers Lifeline Ventures and Sunstone Capital, and will be used by the company to increase headcount as it double-downs on developing multiple titles for Facebook Messenger. Read More

from TechCrunch

 One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014, the Singapore-based startup helps users shop ‘smarter’ using a selection of curated deals and cashback offers through partner merchants across seven countries in Southeast Asia… Read More

from TechCrunch

 Computer vision and clever imaging technology remain hot areas in consumer and enterprise apps, and today Microsoft is picking up a startup called Swng Technologies to give it some IP and talent in this department.
Swng Technologies had developed a cinemagraph app called Swng (originally called Polaroid Swing) that lets you take impressionistic, GIF-like short videos that you can then… Read More

from TechCrunch