The Blackstone Group’s tactical opportunities division has made a NZ$200 million ($134.5 million) investment in New Zealand insurance provider Partners Life.
Tencent Holdings has committed $40 million for a minority stake in VC-backed Yuanfudao - the largest single investment made by the internet company in the K-12 online learning and teaching space.
China-focused Chengwei Capital has led a Series A round of funding worth about RMB100 million ($15 million) for Huishoubao, a Chinese electronic devices recycling platform.
MindWorks Ventures has led a $10 million funding round for Hong Kong-based van rental app developer Lalamove.
Australian GP Pacific Equity Partners (PEP) has launched a bid to buy snack maker Patties Foods in a deal that values the company at A$203 million ($165 million).
China GPs must respond to the country’s economic slowdown by paying closer attention to picking sectors that can outperform – and in which they can help drive that performance – industry participants told the Hong Kong Venture Capital & Private...
Althea, a South Korean cosmetics e-commerce site that markets primarily to Southeast Asia, has raised a $3.5 million Series A round from a group of investors including Mirae Asset Ventures, Cherubic Ventures and 500 Startups.
China’s Tencent Holdings and Beijing Weiying Times Technology – an online ticketing platform in which Tencent is an investor – have committed approximately $85 million to YG Entertainment, a Korean record label and talent manager backed by L Capital...
Globis Capital Partners has led a JPY1.1 billion ($10 million) round for Japan-based Creema, the operator of an online consumer-to-consumer (C2C) marketplace specializing in handmade items.
Alibaba Group and its financial affiliate Ant Financial plan to invest a further $400 million in Didi Chuxing. This comes as the Chinese ride-hailing app operator is raising a new round of fund said to be as large as $2.5 billion.
Japanese robotics company 3D Media has received a JPY1.1 billion ($10 million) investment from Innovation Network Corporation of Japan (INCJ), Sparx Group and Mitsubishi UFJ Capital.
Intel Capital, the captive VC arm of Intel Corp, appears to have abandoned plans to offload some of its investments in technology companies, with Wendell Brooks (pictured), the unit’s president, saying there will be no major changes to the portfolio.
Healthcare-focused GP Lily Asia Ventures and SBCVC have participated in a RMB100 million ($15 million) Series A round for 360 Haoyao, an online drug seller established by Chinese software company Qihoo360 Technology.
Singapore-based mobile gaming platform developer Cloud Alliance has raised $5 million in Series A funding from Aetius Capital.
Minority shareholders of Chinese auto services company Autohome have filed a petition against a recent move by Telstra to sell the majority of its controlling stake to Ping An Insurance Group for $1.6 billion.
Healthcare specialist Vivo Capital has closed its latest Sino-US venture capital fund with around $100 million in commitments. The vehicle will focus on early-stage investments.
Two Chinese companies – Everbright Securities and entertainment specialist Beijing Baofeng Technology – have acquired a 65% stake in Italy-based sports media rights firm MP & Silva (MPS).
Benlai.com, a Chinese B2C-focused online grocery supplier, has raised an extended Series C round of funding worth $17 million.
L Capital Asia has taken a significant minority stake in a company that has acquired the global rights to Jones the Grocer, a gourmet food retailer that originated in Australia.
Samara Capital has exited its stake in Indian listed oil and gas exploration services provider Asian Oilfield Services to Mumbai-based energy exploration firm Oilmax Energy for INR300 million ($4.4 million).
Highland Capital Partners has led a $16 million Series A investment in NuTonomy, a US tech developer aiming to commercialize a driverless taxi fleet in Singapore by 2018.
Fujian Grand Chip Investment Fund (FGC), an investment vehicle controlled by Chinese entrepreneur Zhendong Liu, has offered to buy German semiconductor equipment maker Aixtron for EUR670 million ($751 million).
Singapore-based venture capital firm DMP has led a $3 million Series A round for Malaysian financial technology start-up Jirnexu.
Australia-based financial technology company Data Republic has received $10.5 million ($7.6 million) in funding from National Australia Bank (NAB), Westpac and Qantas.