Tag Archives: investment

Top 20 Deals for October 2017

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $22,000,000,000 Tsinghua Unigroup China Development Bank Hardware & Infrastructure Investment
2 $5,500,000,000 Didi Chuxing Consortium Transactions Investment
3 $3,700,000,000 AppDynamics Cisco Software & Services Acquisition
4 $3,350,000,000 Chewy.com PetSmart Ecommerce Acquisition
5 $3,300,000,000 Bureau van Dijk Moody’s Media Acquisition
6 $2,500,000,000 Grab Didi Chuxing, SoftBank Transactions Investment
7 $2,180,000,000 LeEco Sunac China Holdings Media Investment
8 $2,000,000,000 Ola Consortium Transactions Investment
9 $1,759,560,000 Bambora Ingenico Group Transactions Acquisition
10 $1,580,000,000 BAMTech The Walt Disney Company Software & Services Acquisition
11 $1,530,000,000 iQiyi Consortium Media Investment
12 $1,500,000,000 Flipkart SoftBank Ecommerce Investment
13 $1,400,000,000 Flipkart Tencent Holdings, eBay, Microsoft Ecommerce Investment
14 $1,400,000,000 Paytm SoftBank Transactions Investment
15 $1,400,000,000 eBay India Flipkart Ecommerce Acquisition
16 $1,200,000,000 Go-Jek Tencent Holdings Transactions Investment
17 $1,100,000,000 CoverMyMeds McKesson Software & Services Acquisition
18 $1,100,000,000 Koubei.com Consortium Mobile & Apps Investment
19 $1,000,000,000 Ele.me Consortium Transactions Investment
20 $1,000,000,000 Outfit7 United Luck Group Holdings Games Acquisition

More information

  1. China’s Largest Chipmaker Secures $22 Billion to Expand Globally (Bloomberg)
  2. China’s ride-hailing giant Didi raises $5.5 billion, valuing it at $50 billion (CNBC)
  3. Cisco to Buy Software Maker AppDynamics for $3.7 Billion (Bloomberg)
  4. PetSmart is acquiring Chewy.com for $3.35 billion in the largest e-commerce acquisition ever (Recode)
  5. Moody’s Corp to buy Bureau van Dijk for about $3.3 billion (Reuters)
  6. Uber Rival Grab Raises $2.5 Billion From SoftBank Group and Didi Chuxing (Inc)
  7. China’s LeEco Raises $2.18 Billion From Property Investor (Variety)
  8. Report: Ola raises $2B to take the good fight to Uber in India (siliconANGLE)
  9. Ingenico buys Bambora in €1.5 billion deal (MarketWatch)
  10. Disney to acquire majority stake in BAMTech from Major League Baseball for additional $1.58 billion (Variety)
  11. Baidu’s iQiyi video service raises $1.53 billion (TechCrunch)
  12. SoftBank’s Vision Fund backs Flipkart in record India tech investment (TechCrunch)
  13. Flipkart lands $1.4B from Microsoft, eBay, Tencent as India online retail battle with Amazon continues (Geekwire)
  14. Paytm raises $1.4 billion from Softbank, valuation jumps to over $8 billion (The Economic Times)
  15. Flipkart lands $1.4B from Microsoft, eBay, Tencent as India online retail battle with Amazon continues (Geekwire)
  16. Indonesia’s Uber rival Go-Jek raises $1.2 billion led by Tencent at a $3 billion valuation (TechCrunch)
  17. McKesson to buy CoverMyMeds for $1.1 bln (PE HUB)
  18. Alibaba’s local commerce platform, Koubei, raises $1.1 billion (TechCrunch)
  19. Ele.me Secures over $1 Billion in Funding (FinSMEs)
  20. Chinese group buys Talking Tom app maker Outfit7 for $1b (Deal Street Asia)

Grab nabs $2 billion in funding

Commentary

In its latest bid to strengthen its position against Uber in Southeast Asia, Singapore’s Grab has raised a whopping $2 billion in fresh funds from Didi Chuxing and SoftBank. Didi Chuxing is the Chinese ride-sharing giant that defeated Uber in China. According to reports, the fundraising is not over yet as existing and new investors are said to be pooling in $500 million more to the round. Grab will be valued at more than $6 billion at the close of the round. This fundraising solidifies the alliance between Didi Chuxing, SoftBank and Grab and presents a new challenge to Uber, which has been aggressive in its expansion in Asia.

China’s booming bike sharing sector

Commentary

First, there was the ride-sharing war between Didi Chuxing and Uber. Now, the battle for the best bike sharing startup is heating up. Bike sharing is thriving in China, with investors pouring hundreds of millions of dollars in to two of the country’s biggest players: Mobike and Ofo. To date, Mobike has raised a total of $928 million, while Ofo has recently received $700 million, raising its total funding to $1.29 billion. What attracts investors to these two startups is their mammoth scale. Each company boasts of having more than 100 million registered users and their bikes can be found in more than 20 cities in China. Now the big question is, can these companies be profitable given their weak business model, slim margins, and losses from thieves and vandals? It seems that investors are undeterred and both companies are eyeing global domination and have expanded outside of China.

View closes $200 million funding round

Commentary

Wouldn’t it be great if you had glass windows that adjust to weather conditions? View’s Dynamic Glass can do just that and even more. Dynamic Glass can maximise the flow of natural light into a room while minimising heat and glare. It can darken the light automatically depending on outdoor conditions. And if this isn’t enough, all of this can be commanded by an app. Dynamic Glass is one of the most exciting innovations today from View, a Silicon Valley-based startup specialising in large-scale smart glass technology. Last week, the company closed a $200 million funding round from TIAA and BlackRock. The company’s CEO Rao Mulpuri believes that windows will become more and more high tech in the next decades. The company is already doing its research on future technologies, like embedding transparent displays into windows. Today, View has finished over 300 projects and has over 100 commercial installations.