App Annie gets $55M investment boost

App Annie, which provides analytics for app developers and publishers, secured $55 million in Series D funding as it capitalised on the strong progress it made during 2014. The money will be invested in product development and accelerated international expansion, …

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Xiaomi said to raise $1bn valuing the company at $45bn

Booming Chinese smartphone marker Xiaomi will bring in over a billion dollars during its current round of funding, which values the company at around $45 billion, according to a WSJ report.

Qualcomm invests $40M in four firms in China

US-based Qualcomm will invest $40 million in four Chinese mobile technology companies via its $150 million China strategic venture fund. The chipmaker set up the fund this summer to invest in companies developing mobile technologies for the internet, e-commerce, semiconductors, …

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Baidu to buy Uber stake — report

Chinese web giant Baidu is set to acquire a minority stake in car-booking app maker Uber Technologies, according to Bloomberg. The investment, which local reports suggested could be as much as $600 million, will give Uber a boost as it …

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Record $19.2B invested in mobile Internet in past 12 months – study

A report conducted by financial advisory and analyst firm Digi-Capital has revealed the mobile Internet industry has benefited from a record level of investment in the past year. According to the report, mobile Internet investment peaked at $19.2 billion (£12 billion) in the 12 months up to Q3 2014.

Google Ventures to invest $100m in European startups

Google has announced that it has set up an arm of Google Ventures in Europe and allocated an initial fund of $100m for local startups. The announcement will presumably be welcomed by startups in the UK, where we’re so keen to emulate Silicon Valley that we insert “Silicon” into the name of anywhere a tech startup spends more than a couple of hours.