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A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B

A Chinese ecommerce app that lures grocery shoppers with cash just raised 0M in Series B There is no shortage of up-and-comers jostling for a spot in China’s massive ecommerce industry, and oftentimes they pick a niche market and present a novel business model different from the establishment of Alibaba or JD.com . […]

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Tencent-backed news aggregation app Qutoutiao files for U.S. public offering

Tencent-backed news aggregation app Qutoutiao files for U.S. public offering Qutoutiao, a news aggregator app backed by Tencent, has filed for an initial public offering of up to $300 million in the United States. In its F-1 form, the company, whose name means “fun headlines,” said it is the number two mobile […]

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