Signal Media’s AI Reads The News

This is the way the Investment Tracker ends the year — not with a bang or a whimper, but something in between. The week saw $320 million in activity, which is nothing to sneeze at, given the past weeks of comparatively anemic fund flow of $100 million or so (and in the not-too-distant past, sometimes even less). But digging deeper a bit into the numbers, we find that one deal was responsible for almost all of that $320 million. The biggest transaction of the week took place in the logistics space, where a $309 million round of funding led by Taiping Asset Management found its home in Beijing-based Shouqi Car Rental. Other private investors participated in the round. The rental firm operates across websites and mobile apps and offers users short- and longer-term…


Link to Full Article: Signal Media’s AI Reads The News