Chinese cloud computing services provider UCloud has raised RMB960 million ($140 million) Series D round of funding from Oriza Holdings and CICC Alpha, a direct investment arm of China International Capital Corporation (CICC).
Founded in 2012 by three former Tencent Holdings executives, UCloud offers cloud infrastructure-as-a-service (IaaS) - such as cloud storage and data analytics - to online gaming, e-commerce operators and...
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.