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WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions

Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures, the investment arm [...]

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China’s largest Q&A platform, Zhihu, raises $434 million from investors including Kuaishou, Baidu and Tencent

Zhihu, the largest question and answer platform in China, has raised a $434 million Series F. This is not only the company’s biggest round since it launched in 2011, but also one of the [...]

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Just Eat and Takeaway.com reach agreement to gobble each other

The boards of Just Eat and Takeaway.com have reached agreement to combine their two European food delivery businesses. The pair of publicly listed companies announced they were in talks to [...]

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Data-driven events discovery and planning startup Fever raises $35 million led by Rakuten

Fever, a startup that uses proprietary algorithms to help companies plan events, announced today that it has raised $35 million led by Rakuten Capital, the investment arm of Japanese internet [...]

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India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M

Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers with online stores and consumers, for 2.95 [...]

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Muzmatch adds $7M to swipe right on Muslim majority markets

Muzmatch, a matchmaking app for Muslims, has just swiped a $7 million Series A on the back of continued momentum for its community sensitive approach to soulmate searching for people of the [...]

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