Hong Kong billionaire Li Ka-Shing’s Horizons Ventures, which is known for investments in Facebook and Spotify, has led a $3.5 million funding round in Everything.me, a mobile search provider.
The company has now raised a total of $12.5 million from VC investors, having been supported in previous rounds by Draper Fisher Jurvetson, BRM Group and DFJTFV. Everything.me, which originally launched...
More Chinese technology companies have developed capabilities to expand overseas with a view to acquiring new customers that can support growth and strengthen their leading positions at home, industry participants told in AVCJ China Forum.
Mobile payment represents a “big inflection point between China and the rest of the world,” underlining how the country has become a leader in technology, according to Victor Koo, founder of video streaming platform Youku.
Indian business process outsourcing (BPO) service provider Aegis, which was acquired by Capital Square Partners last year, has agreed to merge with US-based counterpart Startek. The deal will give Capital Square control of the combined company.
The Carlyle Group has fully exited Greater China Intermodal Investments (GCI), its Asia-focused containership-building joint venture with US-based Seaspan Corporation.