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Fundings and Exits

Fundings and Exits

Chinese bike-sharing startup Ofo raises $866M in new financing led by Alibaba Group

Beijing-based, bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s...
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New Wii U bundle released in Australia

Nintendo of Australia apparently didn’t get the memo that Wii U production has ceased and that the console was effectively dead. Not in...