DUBAI: TikTok parent ByteDance Ltd has invested in Dubai-based iMile Delivery LLC as part of the first major fundraising by the courier startup that services Chinese online vendors, according to people familiar with the matter. The company’s series A financing round, one of the Middle East’s largest by a female founder to date, raised US$ 40mil( RM169. 08mil) and valued iMile at US$ 350mil( RM1. 48bil), according to a statement. ByteDance committed around US$ 10mil( RM42. 27mil) at a lower valua
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2021-12-01 00:00:00.0