China’s housing unicorn Danke appoints ex-Baidu exec as new COO

China’s housing unicorn Danke appoints ex-Baidu exec as new COO

A few months after nabbing a handsome $500 million funding round, China’s shared housing startup Danke Apartment got a talent boost. On Monday, Danke announced the appointment of Gu Guoliang as its new chief operating officer to ramp up the company’s offline operational crew. Gu, whose nickname is Michael, stepped down from Baidu after five Read more about China’s housing unicorn Danke appoints ex-Baidu exec as new COO[…]

Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Coupang, the unicorn that is defining e-commerce in Korea, announced today that it has hired Jay Jorgensen, Walmart’s former global chief ethics and compliance officer, to serve as its general counsel and chief compliance officer. Jorgensen will relocate to Seoul for the position. Founded in 2010, with a total of $3.4 billion raised from investors Read more about Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer[…]

On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn

On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. Founded in 2013 by Stanford graduate Shing Chow, Lalamove provides logistics and delivery services in a similar style to ride-hailing apps like Uber Read more about On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn[…]

Payment service Toss becomes Korea’s newest unicorn after raising $80M

Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this Read more about Payment service Toss becomes Korea’s newest unicorn after raising $80M[…]