Tencent

Mobike co-founder and president Hu Weiwei

Startups, Entrepreneurs, Digital economy

China’s Mobike eyes Singapore launch after raising $309 mil in Tencent-led funding

SINGAPORE (Jan 5): China’s bike-sharing start-up Mobike announced it will be launching in Singapore in 2017, following the close of its US$215 million ($309 million) Series D financing round on Thursday.

Chinese investors buy stake in mapping firm HERE

FRANKFURT (Dec 27): Chinese mapping firm NavInfo, internet group Tencent and Singapore's sovereign wealth fund GIC are buying a 10% stake in digital maps company HERE, the latest in a string of Chinese acquisitions in Europe.
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