Category: Fundings and Exits

Chinese taxi-hailing giant Didi eyes bicycle sharing with its latest investment

Didi Chuxing, China’s largest ride-hailing company, may be about to get into bicycles. Bike sharing, to be precise. The company, which is in the process of finalizing its acquisition of Uber’s business unit in China, today revealed that it has invested in a young startup called Ofo which lets people borrow bikes. The investment is said to be “tens of millions”…

Apptio rises 41% in cloud IPO

Seattle-based Apptio went public on the Nasdaq today, seeing its shares rise nearly 41% on its first day of trading. The cloud software company, which targets CIOs, went public during a slow year for tech IPOs. Only a handful have braved the market, following the dismal performance of last year’s tech stocks. But the few…

Airbnb files $555M round with the SEC led by Google Capital and TCV

Airbnb formally filed a Form D with the Securities and Exchange Commission this afternoon announcing that it had raised $555,462,180 in an equity deal. Last month TechCrunch independently verified that Airbnb had filed a 28 page document with the State of Delaware indicating that it had intentions to raise additional late-stage capital. At the time, Equidate speculated that the…

Operator harnesses chatbots, humans, and $15M to sell US goods to China

With a little personal shopping assistance, Operator thinks Chinese citizens will pounce on American products sold through its conversational shopping app. The promise of becoming the guided commerce layer connecting China with the US has earned the two-year-old a $15 million series B round at a $100 million pre-money valuation. Operator CEO Robin Chan (left)…