KKR has completed a platform investment in China’s digital marketing space, bringing together four local companies to provide a one-stop service covering everything from advertising to analytics.
With a market focus and a user acquisition mechanism that differentiate it from other Chinese news and video apps, Qutoutiao impressed Tencent Holdings enough to secure a $200 million Series B round
Tencent Holdings has led a Series B round worth more than $200 million for Qutoutiao, a Chinese mobile news reading app. The round gives the company a post-money valuation of $1.6 billion.
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.
Linmon Pictures, a Shanghai-based boutique entertainment studio, has raised a Series C round of funding from domestic PE firms Hanfor Capital, CQY Capital and Wuniu Capital.
Tencent Holdings has participated in a $461.6 million Series B funding round for Huya, a VC-backed Chinese game broadcasting subsidiary of US-listed social networking platform YY.
Bilibili, a China-based video-streaming platform backed by a handful of PE and strategic investors, has filed for an US IPO.
Orchestra Private Equity, a GP that focuses on Korea-Japan cross-border transactions, has invested KRW61 billion ($56 million) for an 87% stake in Seoul Vision, a Korean post-production house for TV commercials.
Capillary Technologies, an Indian cloud-based software provider that focuses on customer relationship management (CRM), has raised $20 million from existing investors including Warburg Pincus and Sequoia Capital.
Chinese private equity-backed online content platform Toutiao has acquired Faceu, a camera app that has received funding from IDG Capital and Lightspeed China Partners.
Orient Hontai Capital, a PE unit of China’s Orient Securities, has agreed to buy a 53.5% stake in Imagina Media Audiovisual, part of Spain-based Mediapro Group. The transaction values Imagina at EUR1.9 billion ($2.35 billion).
A consortium led by CITIC Capital has agreed to buy Euromoney Institutional Investor’s financial information database division for an equity value of $180.5 million.
French private equity firm Jolt Capital has led a $12.5 million investment in Singapore-headquartered audience data aggregator and marketplace operator Eyeota.
Hupu Sports Media, a Chinese language sports information and e-commerce site, has raised a RMB618 million ($96 million) round led by a government-backed fund managed by China International Capital Corporation (CICC).
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has acquired a majority stake in Cosmos-Maya, an animation studio based in Singapore and India.
Every, a Japanese media company focused on lifestyle-oriented and smartphone-accessible content, has raised about JPY2.1 billion ($18.3 million) from a number of VCs, including World Innovation Lab.
Gobi Partners and China Prosperity Capital have led a RMB300 million ($45 million) round of funding for 36Kr Media, a Chinese online technology news platform.
Warburg Pincus has invested $350 million in Bharti Telemedia, the direct-to-home (DTH) satellite television services arm of Indian telecom services provider Bharti Airtel.
Eight Roads Japan has led a JPY2.45 billion ($21.6 million) funding round Tokyo-based online media start-up Candee.
Yao Capital and IDG Capital have invested RMB300 million ($45.3 million) in Shankai Sports, coinciding with the Chinese sports management company signing an agreement to manage the China operations of golf’s PGA Tour.
Bain Capital Private Equity has completed its tender offer for Japanese advertising agency Asatsu-DK (ADK), acquiring a majority stake in a deal that values the company at JPY153 billion ($1.3 billion).
Kuaikan Comic, a mobile app that focuses on Chinese comic books, has raised a $177 million Series D round of funding led by Coatue Management.
US-based mobile marketing platform AppLovin has terminated a planned $1.4 billion acquisition by Orient Hontai Capital, a PE unit of China’s Orient Securities, after a long delay in the regulatory approval process. It has opted for a debt-based deal...
Bain Capital Private Equity’s tender offer for Japan-listed advertising agency Asatsu-DK (ADK) has overcome its biggest obstacle as the company’s largest shareholder WPP Group has withdrawn its objection to the deal.