Top 20 Mobile & Apps Deals for May 2017

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,100,000,000 Consortium Mobile & Apps Investment
2 $1,000,000,000 Toutiao CCB International, Sequoia Capital Mobile & Apps Investment
3 $400,000,000 Bigo Technology Ping An Overseas Holdings Mobile & Apps Investment
4 $350,000,000 Kuaishou Tencent Holdings Mobile & Apps Investment
5 $215,000,000 Mobike Consortium Mobile & Apps Investment
6 $175,000,000 BankMobile Flagship Community Bank Mobile & Apps Acquisition
7 $109,008,457 NetEase Cloud Music Consortium Mobile & Apps Investment
8 $100,000,000 Consortium Mobile & Apps Investment
9 $100,000,000 Automatic Sirius XM Radio, Inc. Mobile & Apps Acquisition
10 $100,000,000 99 SoftBank Mobile & Apps Investment
11 $80,000,000 Rounds Kik Mobile & Apps Acquisition
12 $68,000,000 Yongqianbao Consortium Mobile & Apps Investment
13 $63,000,000 Symphony BNP Paribas Mobile & Apps Investment
14 $60,000,000 Babylon Health Consortium Mobile & Apps Investment
15 $60,000,000 Consortium Mobile & Apps Investment
16 $58,000,000 Bluegogo Black Hole Capital Mobile & Apps Investment
17 $57,000,000 FreeCharge Snapdeal Mobile & Apps Investment
18 $54,000,000 Smule Consortium Mobile & Apps Investment
19 $50,000,000 LevelUp Consortium Mobile & Apps Investment
20 $45,000,000 Getaround Consortium Mobile & Apps Investment

More information

  1. Alibaba’s local commerce platform, Koubei, raises $1.1 billion (TechCrunch)
  2. China: News app Toutiao nabs $1b from Sequoia, CCB International at $11b valuation (Deal Street Asia)
  3. Popular video streaming app Bigo Live now valued at $400m after series C round (Tech In Asia)
  4. Tencent Leads $350M Round In Video App Popular Among China’s Farmers And Migrant Workers (China Money Network)
  5. China’s Mobike raises $215M led by Tencent for its bicycle sharing service (TechCrunch)
  6. Customers Bank sells digital unit BankMobile for $175m (Finextra)
  7. NetEase Cloud Music Completes A Round Financing of RMB 750 Million, Sending It into the “Unicorn Club” with an Estimated Value of RMB 8 Billion (PRNewswire All)
  8. China VCs lead $100m round for local education app Xueba (AVCJ)
  9. SiriusXM acquires connected car company Automatic for over $100M (TechCrunch)
  10. SoftBank adds Brazil’s 99 to its ridesharing portfolio with a $100 million investment (TechCrunch)
  11. Kik snaps up video chat app maker Rounds for a reported $60-$80 million (TechCrunch)
  12. China personal lending platform Yongqianbao raises $68m (Asian Venture Capital Journal)
  13. Goldman-backed ‘Slack for finance’ startup Symphony raises $63 million from BNP Paribas (Business Insider)
  14. Babylon Health raises further $60M to continue building out AI doctor app (TechCrunch)
  15. Cheetah Mobile’s Inc raises $60 mln (PE HUB)
  16. Black Hole Capital Leads $58M Round In Chinese Bike Sharing Firm Bluegogo (Chinamoney Network)
  17. FreeCharge receives $57 mn from Snapdeal (Tech Circle)
  18. Tencent tunes into Southeast Asia in $54m Smule funding (Tech In Asia)
  19. LevelUp Bags $50M From JPMorgan Chase & Others For Mobile Payments (Xconomy)
  20. Getaround raises $45M from Toyota and others to build more partnerships (TechCrunch )
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