Taiwan is encouraging its industrial technology manufacturers to relocate operations from the mainland to the domestic market in response to China-US tensions. This may create openings for PE and VC investors
Amid drawn-out China-US trade tensions, many companies are looking to diversify their operations and ease reliance on mainland manufacturers. Taiwan’s government has a simple message for local industrial...
Luckin Coffee, a PE-backed Chinese coffee shop chain that went public in the US last year, has admitted that RMB2.2 billion ($310 million) worth of sales booked in 2019 were fabricated.
4Paradigm, a Chinese artificial intelligence (AI) start-up, has raised about $80 million in an extended Series C round, bringing its valuation to more than $2 billion.
CVC Capital Partners has closed its fifth Asia fund at the hard cap of $4.5 billion. The firm said the step up from $3.5 billion for Fund IV reflects an expansion in its regional investment capabilities.
Consumer-focused private equity firm L Catterton Asia has confirmed a significant investment of undisclosed size in Japanese cosmetics brand Etvos.