TechCrunch: Alibaba reportedly mulling to raise $20B through a second listing in Hong Kong

Massive news just dropped for Hong Kong’s capital markets. Alibaba, one of the world’s largest tech companies, is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday citing sources. TechCrunch has reached out to…

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TechCrunch: TikTok owner ByteDance’s long-awaited chat app is here

In WeChat -dominated China, there’s no shortage of challengers out there claiming to create an alternative social experience. The latest creation comes from ByteDance, the world’s most valuable startup and the operator behind TikTok, the video app that has consistently…

TechCrunch: Online grocery startup Grofers lands $200M led by SoftBank’s Vision Fund

Hot on the heels of Indian delivery startup BigBasket raising $150 million — at a unicorn valuation, no less — so its close rival Grofers has also pulled in capital after it announced a $200 million raise to battle its…

TechCrunch: Security lapse exposed a Chinese smart city surveillance system

Smart cities are designed to make life easier for their residents: better traffic management by clearing routes, making sure the public transport is running on time and having cameras keeping a watchful eye from above. But what happens when that…

TechCrunch: Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia

It’s been a tricky past few years for HappyFresh, the startup seeking to bring Instacart-like grocery deliveries to Southeast Asia. It’s been through a series of rebuilding measures, but there’s light at the end of the tunnel after it announced…