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.
A consortium led by Olympus Capital Asia and UOB Venture Management will acquire a controlling stake in Shanghai-based Yuanyu Radio, which claims to be the largest radio advertising agency in China, for $90 million.
Tang Media Partners (TMP), a Sino-US media and entertainment investment group, has finalized its acquisition of Open Road Films, an independent film distributor and producer owned by US-based AMC Entertainment and Regal Entertainment Group.
Singapore’s EDBI has joined a $133 million funding round led by US conglomerate Hearst Media for Iflix, a Malaysia-based video streaming service with a similar business model to Netflix.
M17 Entertainment, a Taiwan and Singapore-based media streaming company, has raised a $40 million Series A funding round led by Japan’s Infinity Venture Partners.
The Cool Japan policy aims to internationalize a large but lagging economy beyond its manufacturing roots. Venture capital will be the key to reimagining unique overlaps of culture and technology
China’s Tencent Holdings has invested an undisclosed amount in Indian online education start-up Byju’s, whose PE backers include Verlinvest and Sequoia Capital.
One Championship, a Singapore-based mixed martial arts (MMA) organization, has secured a new funding round led by Sequoia Capital India and Mission Holdings – an investment vehicle owned by billionaire Saurabh Mittal.
China Literature, the ebook unit of China’s Tencent Holdings whose backers include The Carlyle Group and Trustbridge Partners, has filed for an IPO in Hong Kong.
Singapore’s GIC Private has acquired an approximately 30% stake in Mergermarket Group – AVCJ’s parent company – from BC Partners. The size of the transaction was not disclosed.
Hellman & Friedman, along with a consortium led by TPG Capital and including Ontario Teachers’ Pension Plan (OTPP), have withdrawn their bids to acquire Australia’s Fairfax Media.
CMC Capital Partners, a PE firm set up by Ruigang Li, formerly president of Shanghai Media Group (SMG), has closed its second US dollar-denominated fund at the hard cap of $600 million. The vehicle is already one-third invested.
China-focused PE firm Yunfeng Capital has led a RMB200 million ($29 million) Series B round of funding for Tianjin Galaxy Cool Media, a local online video content producer.
The Blackstone Group has exited its entire stake in Jagran Media Network, the holding company of Indian newspaper publisher and media platform Jagran Prakashan.
China-focused Legend Capital has led a RMB128 million ($18 million) Series A round for Dook Book, a Shanghai-based book publisher that also has digital media and film operations.
Cool Japan Fund, a government-backed venture program for promoting cultural exports, has agreed to invest up to $10 million in a recently launched Japan-focused vehicle managed by 500 Startups.
Blue Star Sports, a US-based company controlled by Genstar Capital that provides management software to grassroots sports clubs, has entered the Australia and New Zealand market with the acquisition of SportsTG.
Blackbird Ventures has led a $12 million round for Sydney and San Francisco-based marketing software provider Autopilot.
KKR has offered to acquire Vocus Group, one of Australia's leading high-speed broadband internet providers, in a deal worth approximately A$2.1 billion ($1.6 billion).