Meituan-Dianping, the China-based online-to-offline (O2O) services platform created through the merger of two rival groups, has agreed to acquire Qiandaibao, a VC-backed point-of-sales (POS) mobile payment start-up.
Chinese private equity firm Orient Hontai Capital has agreed to acquire a controlling stake in US-based mobile marketing platform provider AppLovin in a transaction valued at $1.4 billion.
Asia-IO Advisors – a PE firm set up by Denis Tse, formerly of Lockheed Martin Investment Management, and Michael Prahl, a professor at business school INSEAD – has teamed up with New Horizon Capital spin-out Redview Capital to buy US communications...
Beijing Shanhai Capital Management has led a consortium of investors to acquire US-based microchip manufacturer Analogix Semiconductor for more than $500 million.
Infinity Group, a China-Israel cross-border private equity firm, has partnered with Chinese IT services provider Neusoft Corporation to launch a $250 million medical technology fund.
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $6 million Series A round for Indian customer experience management platform CloudCherry alongside Cisco Investments, the corporate VC arm of Cisco Systems.
Baring Private Equity Asia has agreed to buy Australia-listed risk management and standards compliance business SAI Global for an enterprise valuation of A$1.24 billion ($940 million).
Zuoyebang, a K-12 focused education mobile app that spun out from Chinese online search engine Baidu, has raised a $60 million Series B round co-led by GGV Capital and Xiang He Capital, a new VC firm set up by a former executive at Baidu.
Boss Zhipin, a Chinese recruitment app, has raised a $28 million Series C round across two tranches of funding.
Malaysia’s public sector pension fund, KWAP, has invested in US-based ride hailing app operator Uber Technologies. This is its first direct investment in a foreign company.
Operator, a US-based conversational shopping app, has closed a $15 million Series B round led by GGV Capital, which is intended to help accelerate its expansion in China.
Australian GP AirTree Ventures raises its latest fund to invest in tech start-ups across growth ranges
Indian online furniture marketplace Pepperfry has raised a $31 million Series E round from a group of investors including Norwest Venture Partners, Bertelsmann India Investments, Zodius Technology Fund and Goldman Sachs.
CHAMP Private Equity has acquired a 50% stake in Containerchain, a software-as-a-service (SaaS) provider to the container logistics industry that is headquartered in Australia but also has a sizeable presence in Southeast Asia.
Tidal shifts in the Philippines' consumer demographics are piquing interest among private equity and venture capital investors alike, but sluggish policy modernization efforts remain a key barrier to entry
U51.com, a Chinese credit card management mobile app, has raised a $310 million Series C round led by A-share listed property developer Xinhu Zhongbao and domestic VC firm Tiantu Capital.
FirstP2P, a Chinese online peer-to-peer (P2P) financing site, has raised a $70 million Series C round led by existing investor CCB International.
Lindeman Asia Investment has joined China Reinsurance and People's Insurance Company of China in a HK$2 billion ($258 million) investment in Hong Kong-listed e-commerce company Cogobuy.
Innovation Works changes its name, but plans to keep focusing on China's growing tech talent
Singapore-based taxi-hailing app provider Grab has raised a $750 million round of funding led by Japanese technology giant and long-term strategic partner SoftBank.
Northern Light Venture Capital (NLVC) has led a $25 million Series B funding round for TenNor Therapeutics, a Chinese drug developer specializing in infectious diseases.
Bessemer Venture Partners has led a $15 million Series D round for Indian online food delivery start-up Swiggy.
Leshi Internet Information and Technology, also known as LeEco, has raised $1.08 billion for its self-driving electric car project.
Linear Venture, a Chinese early-stage VC firm founded by former Facebook and JD.com employees, has closed its second fund – which comprises US dollar and renminbi-denominated tranches – with approximately $70 million in aggregate commitments.