Analysis
This move underscores Alibaba’s strategy to consolidate under the Taobao banner.
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Alibaba to retire Ele.me brand amid instant-retail push
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Netflix to buy Warner Bros Discovery's studios, streaming unit for $72b
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SoftBank in talks to buy digital infra firm DigitalBridge: report
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SpaceX tells investors it is targeting IPO in H2 2026, the Information reports
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Singapore's Docquity raises $3m in second tranche of Series C1 funding
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Digest: SC Capital invests in Japan data centre; Coda announces new leadership
Suddenly, Netflix has become the thing it disrupted—a mainstream studio.
Deals
The firm invests across data centers, cell towers, and fibre networks.
IPOs & Markets
SpaceX is also reportedly kicking off a secondary share sale at $800b valuation.
Venture Capital
Several shareholders have booked partial exits as part of the fundraise.
India
The bids include $270m raised from anchor investors.
Greater China
The offer gives the luxury group an enterprise value of 10x the core profit expected this year.
Rest of Asia
SC Capital has commenced the construction of the new data centre in Osaka.
Singapore
The onshore private fund unit has liquidated three of its five funds.
The round valued Kunlunxin at around 21 billion yuan in its previous fundraising.