Australia’s Quadrant Private Equity has purchased amusement arcade operator Timezone Group as the first part of a buy-and-build strategy in the family and children’s entertainment market.
Beijing Bytedance Technology, the parent company of Chinese news aggregator Toutiao, has agreed to acquire Musical.ly, a VC-backed short video social networking platform.
KTB Network has led an $11 million Series C funding round for MyMusicTaste, a Korean crowdsourcing platform operator focused on organizing fan-requested concerts.
Yunfeng Capital and Chinese smart-phone maker Xiaomi have jointly led a $40 million Series B round for Beijing Jinying Technology, a China-based online content publisher. Fosun International and SIG Asia also participated.
China Literature, a PE-backed online reading unit being spun out by Tencent Holdings, has raised HK$8.3 billion ($1.1 billion) in a Hong Kong IPO.
Bain Capital Private Equity’s buyout offer for Japan-listed advertising agency Asatsu-DK (ADK) has prompted legal action by WPP Group, the company’s largest shareholder.
UFO Moviez, an Indian digital broadcaster with several PE backers, will merge with domestic peer Qube Cinema Technologies, with support from ICICI Venture.
China-based online digital marketing business iClick Interactive Asia, which is backed by Bertelsmann Asia Investments (BAI) and SSG Capital Partners, has filed for an IPO in the US.
China's Hua Juan plans to use a new investment led by Sinovation Ventures to grow its personality-based online advertising model
CricHQ, a cricket-focused online platform based in New Zealand and backed by Singapore-based Tembusu Partners, has been placed in receivership.
Japan-based advertising agency Asatsu-DK (ADK) has expressed its support for Bain Capital Private Equity’s proposed JPY151 billion ($1.3 billion) buyout, against opposition from its largest shareholder, WPP Group.
Singapore-headquartered mobile internet and gaming platform Sea aims to raise up to $800 million in its upcoming IPO on the New York Stock Exchange.
Zee Entertainment Enterprises, a media and entertainment company based in India, has agreed to acquire 9X Media, an Indian media firm backed by New Silk Route Partners (NSR).
The Abraaj Group has invested an undisclosed sum in Cinepax, with a view to helping the Pakistan-based cinema operator more than triple in size over the next four years.
Bain Capital Private Equity has launched a tender offer for Japan-based advertising agency Asatsu-DK (ADK) that values the company at JPY151 billion ($1.3 billion).
Qingting FM, a Chinese online radio platform, has raised a RMB1 billion ($150 million) round of funding jointly led by We Capital – the VC arm of Chinese ticket booking site Beijing Weiying Times Technology – and Baidu.
China Broadband Capital (CBC) and Ocean Link – a travel and tourism-focused PE firm – have jointly led a $40 million Series C round for Yitiao, a Chinese online platform that offers lifestyle video content and retail services.
Shop CJ Network, an Indian home-shopping channel in which Providence Equity Partners holds a 50% interest, will be acquired by industry peer HomeShop18.
Sea, the Singapore-headquartered mobile internet and gaming platform formerly known as Garena, has filed to list on the New York Stock Exchange.
China-focused private equity firms Hony Capital and Poly Capital have partnered with Digital Domain Holdings, a Hong Kong-listed digital visual effects and virtual reality (VR) technology developer, to establish a joint venture that will open VR theaters...
China-based start-up incubator and early-stage investor Withinlink is targeting $30 million for its second venture capital fund to help US companies enter the Chinese market.
IMS New Media Group, a Chinese social media marketing firm, has raised a RMB600 million ($90 million) Series C round of funding across two tranches, with participation by SAIF Partners, Morgan Stanley, and social media platform Sina Weibo.
Mailman, a sports-focused digital marketing agency in Shanghai, has completed an extended Series A round of funding worth $3 million from Yao Capital and Kaixing Capital.
Hony Capital, Foxconn Ventures and Temasek Holdings have agreed to acquire a combined 18% stake in PCCW International OTT, a video-streaming subsidiary of Hong Kong telecom giant PCCW, for $110 million.