Fundraising round, Uber China closes on $1 billion
Fundraising round early, Uber Technologies Inc’s China division closed at $1 billion, despite strong domestic competition for the U.S. based ride service in the car hailing marke
Alibaba to Launch Netflix-Style of Movie Streaming Business in China
E-commerce giant – Alibaba is planning to model China’s version of Netflix Inc., and HBO by using a new movie streaming services called Tmall Box Office. The company is aiming
Snapchat’s Massive Valuation of $10 Billion is no Big Deal for Investors
Several news outlets today broke the news that Snapchat which has no potent revenue source is raising funds from investors based on a valuation of $10 billion. The Wall Street Jour
