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The venture capital firm has backed consumer internet startups, including Nice Tuan, Ponhu Luxury, and KK Group.

The company uses Pinduoduo’s “social commerce” model to lure customers to small restaurants.

Bookaway is now operating in Asia, Latin America, Eastern Europe, the Balkans, and Central America, and it hopes to expand into the North American and Chinese markets.

Having raised over USD 850 million this year so far, on top of the USD 1 billion-plus funding it received from investors in 2020, the company is likely to continue its acquisition spree.

Jago is now available as a cashless payment method on the Gojek app in Indonesia.

Primavera’s Fred Hu: crackdown will make China tech sector ‘more competitive.’

The company has raised USD 297 million via equity and debt funding from Accel, Apoletto Asia, B Capital, Goldman Sachs, and e-commerce retailer Flipkart.

China’s tech giants are increasingly coveting entertainment assets, heating up competition for intellectual property.