Reuters News
Intuition Robotics, an Israeli developer of artificial intelligence robots for use by the elderly, said on Tuesday it raised $14 million in an early stage funding round led by the Toyota Research Institute (TRI).
J&F Investimentos SA has ended talks to sell a controlling stake in Havaianas flip flop maker Alpargatas SA to the investment firms of Brazil's most prominent banking clans because of differences over price, a source told Reuters.
Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the "wearables" market, Reuters reported.
Chinese bike-sharing start-up Ofo said on Thursday it has raised more than $700 million in its latest funding round that was led by Alibaba Group and two others, in the largest such fund-raising in the business that has drawn keen investor interest.
Jumbotail, an Indian startup building an online wholesale marketplace for groceries, has raised $8.5 million in a funding round led by venture firm Kalaari Capital with the participation of Nexus Venture Partners, Reuters reported.
Tencent Holdings Ltd (0700.HK) has invested around $100 million to $150 million in Indonesian ride-hailing startup Go-Jek, sources told Reuters, in another sign the Chinese tech giant was looking to tap into growth in Southeast Asia's mobile-based services.
Blue Apron Holdings Inc's (APRN.N) shares were up about 1 percent in their market debut on Thursday following the meal-kit delivery company's watered down IPO in the shadow of Amazon.com's (AMZN.O) deal to buy Whole Foods Market, Reuters reported.
Blue Apron Holdings Inc (APRN.N), the biggest U.S. meal kit provider, raised $300 million as it went public on Wednesday, a third less than it had hoped, as Amazon.com's (AMZN.O) industry-changing deal to buy Whole Foods Market Inc (WFM.O) weighed on the sector, Reuters reported.
Swedish digital health start-up KRY has raised 20 million euros ($22.67 million) from investors to fund further expansion in Europe, it said on Thursday.
JD.com Inc (JD.O), China's No.2 e-commerce firm, said it would invest $397 million in fashion retailer Farfetch UK Ltd to expand its luxury offerings, amid fierce competition with Alibaba Group (BABA.N) for China's high-end retail market.