SBCVC and New Horizon Capital have led a RMB1 billion ($119 million) Series C round for Chuchujie, a Chinese mobile e-commerce platform.
Shenzhen-based Stone VC and Eastern Bell Venture Capital also participated. Founded in 2011, Chuchujie started as a shopping guide platform that provided information on deals - priced at RMB9.90 or below...
Expedia has paid $350 million for an unspecified minority stake in Traveloka, an Indonesian online travel services company backed by a number of venture capital firms.
The Willis Towers Watson global alternatives survey offers view surprises in terms of where investors are putting their capital, but there are some interesting developments in which investors are providing it
Advent International has invested an undisclosed amount in Indian innerwear maker Dixcy Textiles.
PAG Asia Capital is raising a $500 million China growth fund, which will enable the firm to target middle-market deals that fall below the minimum check size for its pan-Asian vehicle.