Hillhouse Capital

Airbnb confirms $1.5 billion fund raising round

Airbnb, the US home-sharing startup, has confirmed closing of $1.5 billion fund-raising round. The latest closure of fundraising puts the unicorn startup at staggering valuation.

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China-based Internet entrepreneurs back Tesla rival NextEV

A group of wealthy internet entrepreneurs and investors in China are putting their money on NextEV, a rival to U.S. electric car manufacturer Tesla Motors Inc.

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Airbnb closes in on $1.5 billion fundraising

Online home-rental marketplace Airbnb Inc is closing on a $1.5 billion fundraising that would boost the company's valuation to $24 billion, the Financial Times reported.

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