China
Social Finance Startup SoFi Raises $77M
SoFi (which stands for Social Finance) has raised $77.2 million in series B funding led by Baseline Ventures and joined by DCM and Renren, China’s...
Worldwide IT Spending To Grow 6% In 2012
Worldwide IT spending remains on course to grow 6% this year in constant currency, only slightly down on last year’s pace of 7% growth,...
Remote-Driving-Enabled Sedan Goes On Sale In China
BYD, the company that delivered the world’s first mass-production, dual-mode Electric Vehicle – the F3DM, is now bringing to market the first remote-driving-enabled 5-seat, family sedan – the BYD...
App Annie Secures $6 Million Series B Round
App store analytics and market intelligence startup App Annie has closed $6 million in Series B financing. The round was led by Greycroft Partners; with...
Samsung, Apple Own Half The World’s Smartphone Market
The worldwide mobile phone market grew 1 per cent year over year in the second quarter of 2012, as Samsung and Apple shipped almost...