After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.
Asia/Pacific
Alibaba pours $215M in Tango's $280M Series D round
Alibaba invested $215 million in the newest round for Tango while previous investors poured $65 million in the latest $280 million round for mobile messaging network Tango, VentureBeat reported.
Indian startup GoPeppers.com conquers e-grocery market in Noida
GoPeppers.com, an Indian startup that has been operating for more than a year, is already making waves in the e-grocery market of Noida by achieving 300 daily clients that provide an individual volume of INR1,500.
Sony forays into virtual reality space with Project Morpheus for PS4
Sony unveiled a prototype hardware for the virtual reality headset it is working on for the PlayStation 4 which it calls "Project Morpheus," TechCrunch reported.
Shanghai Media acquires South Korean variety show
Chinese multimedia and Internet firm Shanghai Media Group acquired the rights to remake the popular 2013 South Korean variety show 'Grandpas Over Flowers' for an undisclosed amount.
Latest News
Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.
Seed accelerator Joyful Frog Digital Incubator or JFDI.Asia was able to secure$2.1 in new funding led by Infocomm Investments and participated in by SpinUp Partners and Fenox, TechCrunch reported.
Mt. Gox has brought back its login screen so that users can check their Bitcoin balances. However, it's still not certain when the digital currency platform will allow users to access their digital money, TechCrunch reported.
GSN Games has finally completed its acquisition of Bingo Bash maker Bash Gaming, a games platform based in India, for about $165 million, sources confirmed to TechCrunch.
The foreign direct investment of China went up 10.4% from January to February this year but the holidays of the Lunar New Year caused February figures to drop, Reuters reported.
Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.
OKCoin raised $10 million in a Series A funding round led by Chinese venture capital firm Ceyuan to become the biggest Bitcoin exchange in China according to trading volume.
Singaporean organization Monozca Foundation is opening an incubator facility for small and medium enterprises (SMEs) in the Philippines in Filinvest Corporate City, which will be called the Cocoon SME Global Hub.
Mumbai, India-based financial services firm Financial Technologies (FTIL) will sell its commodity handling unit National Bulk Handling Corp (NBHC) for INR242 crore as the company goes through an investigation related to fraud allegations.
