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Page 2

Nubank to account for $1bn
Nubank is in talks with SoftBank to lead a funding round of up to $1bn that could more than double the fintech’s valuation to between $8bn and $10bn as it pursues additional markets.
Swiggy sways towards SoftBank for $1bn round
SoftBank is in advanced negotiations to provide $300m to $500m for the food delivery platform's second $1bn round in the space of a year.
Aihuishou to process $500m JD.com-led round
JD.com has agreed to lead a $500m round for Aihuishou and will merge its own second-hand e-commerce platform Paipai with the electronics recycler.
Analysis: PhonePe gets paid $1bn
India-based payment tech company PhonePe is looking to raised $1bn at $7bn-$8bn valuation from various investors, including Tencent.
SoFi sorts out another $500m
SoftBank and Renren-backed online financial services provider SoFi is now valued at $4.8bn following a $500m round led by QIA.
PhonePe calls in Tencent for $1bn round
Tencent is in talks to participate in a $1bn round that would enable the mobile payment platform to spinoff from parent company Flipkart at a valuation of up to $8bn.
Toyota to decide on Didi Chuxing investment
The carmaker, already a shareholder in Uber and Grab, is considering an investment of about $550m in the Chinese ride hailing app developer.
SpaceX solicits another $1bn in funding
Alphabet-backed spacecraft producer SpaceX has revealed more than $1bn in new funding, raised across two rounds sized at $486m and $535m respectively.
DoorDash jumps to $600m series G round
DoorDash is now valued at $12.6bn after securing funding in a series G round backed by SoftBank Vision Fund, taking its total funding to nearly $2bn.
AIBank aims for billion-dollar round
Baidu and China Citic Bank-owned AIBank is looking to raise up to $1bn in the coming months, adding to the $576m in capital provided by the corporates so far.

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