China-focused GPs CMC Capital Partners and HG Capital have jointly led a RMB180 million ($26 million) Series B round of funding for Newrank, a Shanghai-based media platform.
Fortune Capital also participated in the round, according to a statement. Founded in 2014, Newrank provides real-time data analysis and ranking services for content on Chinese media platforms, including...
China healthcare-focused GP C-Bridge Capital and Tasly Holding, a traditional Chinese medicine business, have agreed to invest $150 million in a newly-created entity formed through the merger of two local pharmaceutical companies.
Kuaishou, a Chinese live-streaming video app backed by VC investors and search engine Baidu, has raised $350 million in a new round of funding led by Tencent Holdings.
The Riverside Company has completed its second deal in Malaysia as Drex-Chem Malaysia (now known as DCM Asia), the chemicals distributor it bought in 2014, acquired Erapoly Marketing.
The Carlyle Group has led an investment of more than $100 million in Indian delivery e-commerce logistics service Delhivery. Existing backer Tiger Global Management also took part in the funding round.