Shanghai-listed Zhongji Investment Holding has won shareholder approval to acquire UK-based Jagex Games Studio, the VC-backed developer of online role-playing game "RuneScape," in a deal worth RMB1.63 billion ($240 million).
US early-stage investor Mayfield and IIFL Wealth Management have invested INR500 million ($7.5 million) of Series B funding in Indian quick service restaurant (QSR) chain and food delivery start-up Box8.
US-based retailer Walmart has made a $50 million strategic investment in New Dada, a Chinese online grocery and delivery platform part-owned by JD.com.
Neobear, a China-based company that develops interactive learning tools for children, has raised a RMB250 million ($37 million) Series B round of funding led by Chinese GP New Horizon Capital.
Motilal Oswal Private Equity (MOPE) will invest up to INR1.1 billion ($16 million) in Indian frozen dessert maker Dairy Classic Ice Creams.
Several Korean private equity investors are poised to make a partial exit as Acushnet Holdings, owner of the Titleist and FootJoy golf brands, set a target of $463.9 million for its US IPO.
Waterman Capital has invested in New Zealand-based food delivery platform My Food Bag (MFB).
Chinese vacation rental platform Tujia, which has several VC and PE investors, has acquired the homestay businesses of travel websites Ctrip and Qunar, strengthening its already dominant position in China’s accommodation sharing market.
Bicycle-sharing start-ups are the latest investor craze in China’s technology-enabled transportation space. Can private sector operators make their business models work?
China-based B2B liquor-trading platform Yijiupi has raised a $100 million Series C round led by existing investor Greenwoods Asset Management.
When VIG Partners acquired Korea-based Samyang Optics, the company was a camera lens manufacturer with untapped potential. It is now looking to challenge the global elite
Multi-channel networks that raise online content creators' views are expected to thrive as profit-sharing spreads among video platforms. AID hopes to take advantage with its investment in Freedom! Network
Indian online travel agent MakeMyTrip has agreed to merge with rival booking portal ibibo Group, which is backed by South African internet conglomerate Naspers Group and China's Tencent Holdings, in an all-stock deal.
Redpoint Ventures, a US early-stage venture firm, has closed its debut China VC fund at $180 million.
Taiwan Optical Platform, a local telecommunication services provider, plans to acquire a majority stake in Eastern Broadcasting (EBC), a leading TV station in Taiwan controlled by The Carlyle Group, for NT$11.12 billion ($351 million).
PAG Asia Capital has agreed to invest in Paradise Group Holdings, a Southeast Asia-based restaurant chain with over a dozen brands and more than 60 outlets.
ZTO Express, a China logistics operator backed by investors including Warburg Pincus and Sequoia Capital, has set a target of up to $1.33 billion for its US IPO.
VC-backed Indian baby and child-focused retailer FirstCry.com has acquired rival children's store chain and e-commerce outlet Babyoye.
Indian online news aggregator Dailyhunt has raised a $25 million Series D round led by ByteDance, a Chinese VC-backed online content provider.
Gong Cha Korea, the Unison Capital-backed franchise of the global bubble tea franchise Gong Cha, will take a controlling stake in the Taiwan-based parent company.
Hong Kong-based private equity firm AID Partners has agreed to acquire a majority stake in Freedom! Network, a multi-channel network on YouTube, for HK$468.1 million ($60 million).
Korea's ageing population means greater demand for funeral services and smaller household sizes suggest a growing need for support to pay for them. In Good Sangjo, VIG Partners believes it has a business that can capitalize on these trends
With $10 million in Series A funding, Hong Kong fashion e-commerce business Grana is looking to accelerate expansion of its high-automation, low-cost and high-quality service offering
General Motors has bought a stake in Chinese car-sharing company Yi Wei Xing, which is backed by Langmafeng Ventures and Fujian Huaxing Venture Capital.