GGV Capital and Lightspeed Venture Partners have together invested RMB100 million ($14.7 million) in the second round of financing raised by MediaV, a leading provider of digital advertising technology and services in China.
Upon MediaV’s incorporation in 2009, Lightspeed Venture, investing from its $800 million fund VIII, participated in the initial round of financing. Aside from its head office in Shanghai, MediaV operates...
L Capital Asia – the private equity arm of luxury goods giant LVMH – has acquired a minority stake in Clio Cosmetics, a South Korea-based color cosmetics manufacturer, for an undisclosed sum.
EQT Partners has agreed to sell its 49% stake in Singapore’s Econ Healthcare to the company’s founder Chu-Poh Ong ahead of a regional expansion initiative.
China Growth Capital has led a $10 million Series B-plus round of funding for Austria-based media company Juzi Entertainment. It brings the Series B to $25 million overall.
China’s PGA Venture Partners has led a $4.5 million Series A round of funding for Hong Kong-based financial services software provider Quantifeed.