E-commerce software platform Shogun on Wednesday announced a $67.5 million Series C funding round led by Insight Partners. Venture firms Initialized Capital, Accel and VMG Partners also participated in the round. The fully remote-based company creates website pages for Shopify merchants. Last November, Shogun launched Frontend, which creates the visual elements of a merchant’s website and...
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Opinion Asia Policy
China’s Tech Crackdown Is a Geopolitical Play
It hardly bears repeating that 2021 was a rough year for China’s platform companies. The firehose of new regulations and rolling crackdowns on everything from data security to overseas listings cost Chinese shares—including those of Didi, Meituan, Pinduoduo, JD.com, Tencent, and ByteDance—42% of their cumulative value in the U.S. and Hong Kong. Not so long ago, China held up...
China Plans to Require Big Internet Firms to Gain Approvals for Deals
Beijing Olympics Covid-Tracker App Has Security Flaws
NFT Gaming Company Animoca Brands Raised $360 Million at $5 Billion Valuation
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