Google-backed delivery firm Dunzo bags $45m in Lightbox-led round

India-based hyperlocal delivery firm Dunzo has raised US$45 million in a round led by new investor Lightbox. South Korea’s STIC Ventures and US-based 3L Capital also participated in the round, alongside existing investor Google. Photo credit: epSos.de The latest round, which brings the company’s valuation between US$180 million and US$200 million, may also see a top

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hello bike china

Alibaba-backed Hellobike bags new funds as it marches into ride-hailing

2018 has been a rough year for China’s bike-sharing giants. Alibaba-backed Ofopulled out of dozens of international cities as it fought with a severe cash crunch. Tencent-backed Mobike puts a brake on expansion after it was sold to neighborhood services provider Meituan Dianping. But one newcomer is pedaling against the wind. Hellobike, currently the

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google china news

Without a search engine, Google do still doing 5 things in china

Google’s plan to build a censored search engine in China have ground to a halt. Engineers on the so-called “Project Dragonfly” are no longer allowed to view search queries from a decoy search engine set up in China, effectively pausing the venture, according to The Intercept. A Google spokeswoman declined to comment on the report and

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