Singapore-based online language learning platform LingoAce has received a US$7 million Series A funding from Shunwei Capital, a VC fund co-founded by Xiaomi co-founder Lei Jun. LingoAce CEO and founder Hugh Yao said that the company will focus the funding to expand its operations in Southeast Asia...

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Late last week a Chinese company called Kingsoft Cloud filed to go public in the United States. The cloud infrastructure business intends to list on the Nasdaq under the symbol...