Line, the messaging company that went public in the year’s highest IPO to date, is diversifying its business and focusing on social after it invested $45 million (50 billion KRW) in Snow, a Snapchat clone focused on Asia. Read More
There’s a new investment kid in Southeast Asia’s startup town after Japan’s GMO Venture Partners announced a 1 billion yen (circa $12 million) fund that will be dedicated to backing promising... Keep reading ?
Snapchat Inc. has raised $175 million in fresh funding from Fidelity Investments, valuing the messaging company at the same $16 billion valuation from one year ago, a person familiar with the matter said.
Kleiner Perkins Caufield & Byers will invest up to $20 million in the (temporary) messaging service Snapchat, reports today say, giving the startup — which has virtually no revenue — a valuation of $10 billion. Snapchat has been mak...
Playlab, a Hong Kong-headquartered mobile games firm that is focused on Southeast Asia, has landed a $5 million investment from Monks Hill Ventures in one of the largest game focused investments in the region to date. Read More