Tencent

Tencent backs Indian social media Lokal

Indian hyperlocal social media platform Lokal has raised $12 million in a new round of financing led by Chinese internet conglomerate Tencent, according to a source familiar with the matter. Existing

Locale puts $2M to work helping people discover local cuisine

Locale bundles orders together and operates on a weekly model, so all of the bakeries and restaurants have one big order rather than a bunch of separate orders that eat up time and labor.

Gorillas grabs ‘close to’ $1BN, Series C values the on-demand grocery delivery biz at $2.1BN

Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving ac

What we can learn from China’s mobile gaming economy

Last year was a big one for China’s mobile scene as app publishers found new audiences and explored new advertising channels, many of which are here to stay.

Udemy files to go public on back of growing B2B incomes

If we only valued Udemy on its business revenues, at its final private-market valuation, it would be worth 4.5x its Q2 2021 ARR. That's incredibly cheap.

China roundup: Tesla supplier CATL to buy Canada’s Millennial Lithium

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. China’s anti-competit

Latin America’s second wave of digital transformation

Over the past year, Latin America has been covered heavily in the international news as the COVID-19 pandemic led many to question our endurance in the face of a crisis.

Fortnite likely isn’t coming back to the App Store anytime soon

While Apple and Fortnite’s big, dramatic lawsuit didn’t seem to reach the conclusion either party actually wanted, its resolution offered some hope for Fortnite lovers that the title could

China roundup: Beijing is tearing down the digital ‘walled gardens’

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, China gets seriou

China roundup: Tencent takes on sites trying to circumvent its age limits

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The enforcement of China&#8

Investors are doubling down on Southeast Asia’s digital economy

Southeast Asian tech companies are drawing the attention of investors around the world. In 2020, startups in the region raised over $8.2 billion, about four times more than they did in 2015.

China roundup: Beijing wants tech giants to shoulder more social responsibilities

This week, the gaming industry again became a target of Beijing, which imposed arguably the world's strictest limits on underage players. On the other hand, China's tech titans are hastily answering B

China restricts kids’ online gaming to three hours a week

China’s National Press and Publication Administration has released a notice imposing limits on online gaming for minors. On September 1st, video game companies will have to restrict gaming time to t

China proposes strict control of algorithms

China is not done with curbing the influence local internet services have assumed in the world’s most populous market. Following a widening series of regulatory crackdowns in recent months, the nati

Brazilian fintech Cora raises $116M Series B as Tiger Global, Tencent sign on as investors alongside Greenoaks

Cora, a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. This is a large Series B by any standards, but particularly

India’s Khatabook raises $100 million for its bookkeeping platform for merchants

Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to lau

Equity Monday: Stocks up, cryptos up, regulation up

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri

Tencent in talks to lead funding in India’s Pocket FM

Tencent is in advanced stages of talks to lead an investment round in Gurgaon-headquartered Pocket FM, the latest in the Chinese giant’s push to broaden its consumer internet portfolio in the Indian

São Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B

Less than three months after announcing a $300 million Series E, Brazilian proptech QuintoAndar has raised an additional $120 million. New investors Greenoaks Capital and China’s Tencent co-led the

Equity Monday: Hacks, IPOs and the next generation of American tech giants

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri
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