Capital has poured into China’s online education sector in recent years, but with losses mounting and valuations called into question, investors are finding that not all business models are created equal
In the space of five years, Zhangmen has risen from nothing to a valuation of more than $1 billion. The Chinese company, which provides online tuition to students from elementary through high-school level,...
Info Edge India, the holding company for Indian jobs portal Naukri, is looking to raise INR7.5 billion ($100 million) for a debut venture capital fund.
Laundrygo, a Korea-based on-demand laundry service, has raised KRW17 billion ($13.9 million) in Series B funding from Korea Investment Partners, Aju IB Investment, KT Investment, Samsung Venture Investment, and DS Asset Management.
DoubleDown Interactive, a STIC Investments-backed Korean online game publisher best known for its flagship casino offering, has filed to list in the US.
Facebook and PayPal have joined an ongoing Series F round for private equity-backed Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek (formerly Go-Jek).