Tag Archives: Facebook

Top 20 Asia & Pacific Deals for December 2016

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,250,000,000 Ele.me Alibaba Transactions Investment
2 $1,200,000,000 LeSports Consortium Games Investment
3 $1,080,000,000 LeEco Consortium Hardware & Infrastructure Investment
4 $1,000,000,000 Didi Chuxing Apple Transactions Investment
5 $1,000,000,000 Lazada Group Alibaba Ecommerce Investment
6 $925,275,000 Heptagon ams AG Hardware & Infrastructure Acquisition
7 $750,000,000 Grab SoftBank Capital Transactions Investment
8 $600,000,000 Didi Chuxing China Life Insurance Transactions Investment
9 $600,000,000 LeEco Yueting Jia Hardware & Infrastructure Investment
10 $600,000,000 Weidong Cloud Education CCB International Software & Services Investment
11 $550,000,000 Go-Jek Consortium Transactions Investment
12 $500,000,000 Ping An Good Doctor Undisclosed Mobile & Apps Investment
13 $449,000,000 BYD Samsung Hardware & Infrastructure Investment
14 $449,000,000 Qufenqi Hangzhou Liaison Interactive Information Technology, Beijing Phoenix Wealth Holding Group Ecommerce Investment
15 $437,000,000 Babytree Consortium Media Investment
16 $400,000,000 Didi Chuxing Poly Group Transactions Investment
17 $400,000,000 My Credit Tiantu Capital, Xinhu Zhongbao Mobile & Apps Investment
18 $350,000,000 Mtime Wanda Media Acquisition
19 $310,000,000 U51.com Xinhu Zhongbao, Tiantu Capital Mobile & Apps Investment
20 $309,000,000 Shouqi Car Rental Consortium Transactions Investment

More information

  1. Alibaba confirms $1.25B investment in food delivery service Ele.me (TechCrunch)
  2. LeSports Secures $1.2 Billion in Series B Financing (FinSMEs)
  3. LeEco raises $1.08b in funding for electric car hoping to compete with Tesla (SCMP)
  4. Apple invests $1bn in Chinese ride-hailing app Didi Chuxing (Reuters)
  5. Alibaba Makes $1 Billion Investment in Lazada Group (FinSMEs)
  6. Austria’s ams acquires Heptagon for up to €845 million to become a worldwide leader in optical sensing (TechEU)
  7. Uber rival Grab raises $750M led by SoftBank at a $3B valuation (TechCrunch)
  8. China’s Uber rival Didi Chuxing raises $600 million from China Life Insurance (Reuters)
  9. LeEco secures $600M in fresh funding as financial issues reportedly halt electric car project (TechCrunch)
  10. CCB International Invests In Weidong Cloud Education At $600M Valuation (China Money Network)
  11. Indonesia’s Go-Jek raises $550 million to battle Uber and Grab (TechCrunch)
  12. Chinese Healthcare App Ping An Good Doctor Closes USD$500M Series A Venture Capital Round (FinSMEs)
  13. Samsung Invests $449 Million in Buffett-Backed Carmaker BYD (Bloomberg)
  14. Ant Financial-Backed Qufenqi Raises $449M In Pre-IPO Investment (China Money Network)
  15. Babytree Raises $437M in Equity Financing (FinSMEs)
  16. Didi Chuxing strikes again with US$400M from China’s leading trading and real estate conglomerate (e27)
  17. China’s Fintech Unicorn My Credit Scoops $400M Financing To Build Industry Fund (TechNode)
  18. Wanda Acquires China’s Leading Movie Portal Mtime For $350 Million (Deadline)
  19. Chinese credit card management app raises $310m Series C (AVCJ)
  20. Taiping Asset Leads $309M Round In Shouqi Car Rental (China Money Network)

Facebook acquires CrowdTangle

Commentary

Mark Zuckerberg has always insisted that Facebook is not a media company. So why did Facebook acquire CrowdTangle, a social analytics platform used by media companies? According to analysts, Facebook might use CrowdTangle to eliminate fake news. As we all know, fake news has been the scourge of Facebook for the past years, showing up everywhere, from a friend’s timeline to the pages of reputable new sites. Fake news is quickly gaining traction online with many people believing and sharing bogus information. CrowdTangle’s technology can help Facebook track how widespread fake news stories have become while surfacing real stories, measuring social performance and identifying influencers.

Top 20 Investments for September 2015

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $2,000,000,000 Didi Kuaidi Consortium Transactions Investment
2 $1,200,000,000 Uber Baidu Transactions Investment
3 $1,000,000,000 Uber Undisclosed Transactions Investment
4 $1,000,000,000 Coupang SoftBank Ecommerce Investment
5 $1,000,000,000 Uber Microsoft, Bennett Coleman & Co. Transactions Investment
6 $1,000,000,000 Didi Kuaidi Undisclosed Transactions Investment
7 $1,000,000,000 SoFi SoftBank Transactions Investment
8 $700,000,000 Flipkart Tiger Global Management, Steadview Capital Ecommerce Investment
9 $630,000,000 Ele.me Consortium Transactions Investment
10 $600,000,000 Kuaidi Dache Consortium Mobile & Apps Investment
11 $590,000,000 Meizu Alibaba Group Holding Limited Hardware & Infrastructure Investment
12 $537,000,000 Snapchat Consortium Mobile & Apps Investment
13 $530,000,000 Lyft Rakuten Transactions Investment
14 $526,000,000 Spotify Consortium Mobile & Apps Investment
15 $500,000,000 Zenefits Consortium Software & Services Investment
16 $500,000,000 Tuniu JD Transactions Investment
17 $500,000,000 Qunar Silver Lake Transactions Investment
18 $500,000,000 Wish DST Capital Ecommerce Investment
19 $500,000,000 Snapdeal Consortium Ecommerce Investment
20 $485,000,000 Snapchat Consortium Mobile & Apps Investment

More information

  1. Didi Kuaidi, Uber’s Arch Rival In China, Confirms It Raised $2B In Fresh Funding (TechCrunch)
  2. Uber Has Raised $1.2B More In China With Baidu Investing As Rival Didi Kuaidi Gets $3B (TechCrunch)
  3. Facing Demand, Uber Expands Funding Round by $1 Billion (NY Times)
  4. Coupang Receives $1BN in Funding (FinSMEs)
  5. Uber reportedly raises $1B at a $51B valuation from investors including Microsoft (VentureBeat)
  6. Didi Kuaidi raises extra $1B to battle Uber in China (Tech In Asia)
  7. SoFi raises whopping $1 billion to refinance student loans (Fortune)
  8. Flipkart Raises $700M In 10th Funding Round At $15B Valuation (Trak.in)
  9. Ele.me Raises US$630M in Series F Funding (FinSMEs)
  10. KuaiDi Dache Raises US$600M in Funding (FinSMEs)
  11. Meizu Receives US$590M Minority Investment from Alibaba (FinSMEs)
  12. Snapchat Closes Another Massive Funding Round — $537 Million (Re/code)
  13. Lyft Raises $530M in Series E Funding (FinSMEs)
  14. These Are The Companies That Just Gave Spotify Half A Billion Dollars (Forbes)
  15. Zenefits Raises $500M Series C Funding (FinSMEs)
  16. Chinese travel site Tuniu gets $500M injection, JD now biggest shareholder (Tech In Asia)
  17. Chinese Travel Platform Qunar Raises $500M, Turns Down Ctrip Acquisition Offer (TechCrunch)
  18. Sources: DST Global Led Mobile Shopping App Wish’s $500M Round (TechCrunch)
  19. Snapdeal Receives $500m Growth Investment (FinSMEs)
  20. Snapchat Raises $485M in Funding (FinSMEs)

Facebook powers up for 2015

Commentary

Facebook is gearing up for 2015 with two fresh acquisitions. The social network has recently acquired Wit.ai, a speech recognition startup and QuickFire Networks, a video compression startup. According to TechCrunch, as part of Facebook, Wit.ai could help develop the company’s voice control tools, including voice-to-text input for Messenger. It can also improve Facebook’s understanding of the semantic meaning of voice and create apps that can be controlled through speech. Wit.ai claims that over 6,000 developers are already using its technology, which powers hundreds of apps and devices. QuickFire Networks, on the other hand, has its proprietary technology that can lower bandwidth requirements for videos without sacrificing quality. It is said that an estimated 1 billion videos per day are viewed on Facebook; QuickFire can easily solve this capacity problem and provide bandwidth-friendly video experience to consumers. These two new acquisitions underscore Facebook’s ambition to become an app and video powerhouse.