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China’s work automation startup Laiye raises $160M, acquires France’s Mindsay

TechCrunch

Other investors include VMS Group from Hong Kong, Chinese private equity firm Youshan Capital, as well as existing investors Lightspeed China and U.S.-based Much of the top developer talent in China has gotten just as expensive as their counterparts in Western countries, observed Wang, who holds a PhD in machine learning from Princeton.

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Japan’s Zeals raises $38.8M to scale its chat commerce platform

TechCrunch

The latest round brings its total funding raised to $41.4 The research also shows that North Asian countries such as China, Japan and South Korea would account for more than 90% of chat commerce spending by 2025. Business messaging platform Gupshup raises $240 million from Tiger Global, Fidelity and others. million (3.5

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E-commerce aggregator Una Brands raises $15M Series A five months after its launch

TechCrunch

Una Brands , the e-commerce aggregator focused on Asia-Pacific brands, announced today it has raised $15 million for its Series A. The startup has not disclosed the ratio of debt and equity (like many other e-commerce aggregators, Una uses debt funding to buy brands because it is non-dilutive).

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Daily Crunch: B2B marketplace Sokowatch raises $125M Series B, rebrands as ‘Wasoko’

TechCrunch

The smaller firm had raised north of $60 million while private, giving us a little context on the company’s exit price. A good question is whether that ratio will rise in 2022, and, if so, how much? Well, we got a little hint of that in early Q1 2022 venture capital data from China. SentinelOne buys Attivo Networks : A $616.5

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Opontia raises $20M to roll up e-commerce brands in Africa and the Middle East

TechCrunch

The concept has sifted through those shores to Latin America and Asia, where companies like Una Brands and Valoreo have raised significant investment to acquire and build these brands. While Opontia does not disclose the ratio of equity and debt, it confirmed that the majority was debt which will be used to make acquisitions.

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China introduces policies aimed at supporting young talent in sci-tech fields

TechNode

It also promises to raise the proportion of young talents under the age of 40 serving as project leaders and key members to no less than 50%. In 2022, Chinas expenditure on research and development hit a record of RMB 3.09 trillion ($426 billion), up by 10.4% Xinhua, in Chinese ]

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Here are the 8 startups graduating from Chinaccelerator’s third class

The Next Web

Chinaccelerator , the only accelerator of its kind in China, hosted a demo day on Tuesday for its third batch of startups. Chinaccelerator is raising the bar here in China, and today’s demos really reflected that. Qiuqiu CEO Michael Lewis started off his pitch by pointing out that there are 180 million singles in China.

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