As Indonesia’s start-up space matures, with ever more capital pouring in, VC players recognize that exits are the key to creating a sustainable investment environment. However, it is still early days
Two Asian frontier markets e-commerce platforms created by Rocket Internet – Daraz and Kaymu – have agreed to merge.
Australia’s Telstra has closed the sale of a 47.7% interest in Chinese auto services company Autohome to Ping An Insurance Group for $1.6 billion.
Chinese private equity firm Ocean Management has made a take-private offer for domestic travel site Qunar that values the US-listed company at about $4.4 billion.
Varun Beverages, a major drinks manufacturer and bottler for PepsiCo in South Asia backed by several PE investors, has filed for an IPO.
New Horizon Capital has turned around ceramics maker Tachikichi by emphasizing its unique connections to Japanese culture. Now the GP hopes that strategy can take the company beyond its old restraints
VC-backed Chinese vacation-rental website Tujia.com has agreed to take control of its industry peer Mayi.com, which has also received venture investment, for an undisclosed sum.
Acushmet Holdings, a golf equipment and apparel business backed by Korean PE investors, has filed for an US IPO.
NewMargin Ventures has led a RMB70 million ($10.6 million) Series A round of funding for Flower Plus, a Chinese mobile flower ordering platform.
Indian personalized fashion portal Voonik has raised a $20 million Series B round of funding led by existing investor Sequoia Capital.
Beibei, a Chinese maternal and infant products e-commerce platform, has raised $100 million in a new round of funding led by existing investors Northern Light Venture Capital (NLVC) and New Horizon Capital.
Fenqile, a Chinese installment payment platform, has received $235 million from investors including Huasheng Capital, CoBuilder Partners and an unnamed Chinese insurance company.
KKR has agreed to buy Korean luxury grocery chain Kim's Club from its owner, Korean retail conglomerate E-Land Group.
VinaCapital Investment Management has led a $30 million funding round for Vietnamese wood-working and decorative materials manufacturer An Cuong.
GPs are finding opportunity in Japan’s economic stagnancy and dramatic demographic trends, but embracing this massive market will require a sharper focus on planning, as well as patience and poise
H&Q Asia Pacific has led a RMB200 million ($30 million) Series B round of funding for Huizuche.com, a Chinese car rental platform for outbound tourists.
Chinese GP Chenhui Venture Partners have teamed up with one of its LP – Shenzhen-listed company Lancy Group – to create a Sino-South Korea PE fund that will invest in consumer and technology companies.
Sequoia Capital and Unitus Seed Fund have invested $4 million in a Series A round of funding for Indian education network operator Cuemath.
Navis Capital Partners and Symphony International Holdings have acquired Christian Liaigre Group, a French luxury furniture brand that is looking to expand in Asia, from Bridgepoint Development Capital for an undisclosed sum.
KKR has made its first PE investment in Indonesia by acquiring a 10.4% stake in agri-food company Japfa Comfeed for $81.2 million.
Vision Knight Capital invests in Chinese gay social app Blued to leverage customer loyalty
Longreach invests in Wendy's Japan to build greater synergies with homegrown franchises
Virtual reality is closer to mainstream acceptance than ever before, while augmented reality presents considerable potential – but financial returns will not come quickly and investors must show patience
Chinese electronics retailer Suning has invested EUR270 million ($306.5 million) in a 70% stake in Italian football team FC Internazionale Milano (Inter Milan).