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Top Stories:

• Expedia invests $350M in Traveloka to create Southeast Asia’s newest unicorn

   Expedia is deepening its focus on Southeast Asia after it invested $350 million in Traveloka, an online travel portal based out of Indonesia. A source close to the deal confirmed that the investment values Traveloka at more than $1 billion. That means the startup has joined the likes of Grab, Sea (formerly Garena), Go-Jek and Lazada in the region’s unicorn club. Expedia said it has picked… Read More ... Read More

• Xiaomi secures $1B loan to expand its international presence and offline retail footprint

   Chinese smartphone maker Xiaomi has secured a $1 billion loan in order to develop its international focus and build out its offline sales presence. The company revealed today that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint global coordinator, with Bank… Read More ... Read More

• Expedia invests $350M in Traveloka to create Southeast Asia’s newest unicorn

   Expedia is deepening its focus on Southeast Asia after it invested $350 million in Traveloka, an online travel portal based out of Indonesia. A source close to the deal confirmed that the investment values Traveloka at more than $1 billion. That means the startup has joined the likes of Grab, Sea (formerly Garena), Go-Jek and Lazada in the region’s unicorn club. Expedia said it has picked… Read More ... Read More

• Xiaomi secures $1B loan to expand its international presence and offline retail footprint

   Chinese smartphone maker Xiaomi has secured a $1 billion loan in order to develop its international focus and build out its offline sales presence. The company revealed today that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint global coordinator, with Bank… Read More ... Read More




• Kickstarter CEO Yancey Strickler to step down this year

  "Today I'm announcing that we are beginning the search for Kickstarter's next CEO"... Read More

• Konami sees 38% games profit surge in Q1

  Global rollout of Pro Evo 2017 on mobile boosted both revenue and profits in the first fiscal quarter... Read More