Lashou

  • More Exits For Asian E-commerce Firms, But Valuations Still Small

    More Exits For Asian E-commerce Firms, But Valuations Still Small

    There has been a growing rate of exits happening for Asian e-commerce companies, but valuations remain small on average. Most are under the $50 million mark, according to CB Insights’ latest report. The report, which provides a broad sweep of the past three years of activity in the region, showed that most activity—unsurprisingly—was happening in the large markets of India… Read More

  • GSR Ventures Raises Fourth China Fund at $350M

    GSR Ventures has raised its fourth venture fund focused on investing in early stage Chinese companies. It took just six weeks of effort, was completed in a single close, and more than 80% of the commitments came from very happy existing investors. The big surprise to those LPs? Given the frothiness of the Chinese market, that GSR didn’t ask for more. Read More

  • You Spent How Much? Groupon Restructures International Operations as Mason Goes to China

    You Spent How Much? Groupon Restructures International Operations as Mason Goes to China

    I am in Chicago where I was supposed to be having dinner with Groupon CEO Andrew Mason last night, a dinner planned more than a month ago when I bought my plane ticket. Instead, he has suddenly decided to go to China. It was bad news for me, but good news for anyone looking to buy shares in the company. Also good news: TechCrunch has learned that Groupon’s sprawling, costly… Read More

  • Rebate Networks: Meet The Company That Cloned Groupon In 29 Countries

    Groupon clones are a dime a dozen. Variations of the daily deal concept have been cropping up in in almost all parts of the world as of late, i. e. Russia, China, Japan, Germany, the UK, or in the US itself. But Berlin-based Rebate Networks is taking the idea of copying Groupon to the extreme. As you can see on the map below, the company needed a mere eight months to cover three continents with… Read More