Brian Gu, vice chairman and president of Chinese electric vehicle manufacturer Xpeng, explains how the private equity-backed company is trying to stand out in a competitive and fast-changing market
Xpeng Motors is led by Xiaopeng He, who previously created online browser UCWeb, which was acquired outright by Alibaba Group in 2014. A longstanding fan of Tesla, He decided to invest in the electric...
Exits remain challenging in Southeast Asian private equity, but LPs see a growing willingness among the region’s GPs to take this difficulty into account when planning their investments.
Alibaba Group has led a $150 million Series D round of funding for Knowbox, a Chinese education start-up that develops a range of mobile apps aimed at students and teachers.
EBay has acquired a 5.5% stake in Paytm Mall, the e-commerce arm of Indian online payments platform Paytm.
Switzerland-based private equity firm Vaalon Capital and Netherlands investor IFSD BV have provided a combined $15 million to Indian financial and enterprise services provider MyMoneyMantra (MMM).