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Asian streaming startup M17, still recovering from a failed IPO, raises another $25M – TechCrunch

M17, the Taiwanese streaming company that controversially priced on the NYSE but didn’t list, has returned to the private markets after it raised a $25 million funding round. The round was led by Terry Tsang — CEO of…

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Netflix rival Iflix launches $5M search for up-and-coming filmmakers in Asia – TechCrunch

Netflix is increasing its efforts in Asia after it commissioned more local content and began testing more aggressive price points, but one local rival is hitting back with a program to spotlight promising creators in the region….

The forgotten ‘Facebook of China’ is sold for $20M – TechCrunch

Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent…

China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup – TechCrunch

Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that values…