Tencent has teamed up Korean online games developer Wemade Entertainment to invest KRW92 billion ($80 million) in Kakoo Talk, a popular Korean mobile messaging application.
The Chinese internet firm purchased 3.6 million shares, or a 13.8% stake, at KRW20,000 per share, while Wemade took 1 million shares, or 3.8%, according to South Korea newspaper The Chosun Ilbo. Kakoo...
Go-Jek, an Indonesian mobile ride-hailing and delivery platform backed by several PE investors, has bought Bangalore-based online home healthcare services platform Pianta, its third acquisition in India.
Venture capital investors back CloudCherry's comprehensive, technology-enabled approach to helping corporates better understand their customers in India
In its eight years in Asia, LeapFrog Investments has kept lower-income consumer finance at the center of its investment strategy. Pritesh Modi, director and chief actuary at the firm, discusses the value of a narrow focus
With $2.1 billion to deploy from its third fund, FountainVest Partners is ready to write bigger checks and target more control deals as the China buyout opportunity - gradually - comes to fruition