Joy Capital, a Chinese VC firm that spun out from Legend Capital, has led a RMB700 ($105 million) Series D round for Shanghai ShopEx Network Technology, an e-commerce software and services provider.
In addition to existing shareholder participation, new investors including K2VC, New Alliance Capital, Tianxing Capital, Gopher Asset Management, and China Broadband Capital also took part in the round....
China Ping An Insurance Overseas Holdings has aspirations to manage assets for third-party investors. Spinning out part of the global private equity portfolio may help it get there
Buoyed by strong macro fundamentals and robust returns, Japan’s buyout managers continue to attract capital while most other strategies across Asia struggle. Will this popularity be sustained?
Zhenkunhang, a China-based distribution platform for industrial products, has raised $315 million Series E funding led by YF Capital - previously Yunfeng Capital - a private equity firm co-founded by Alibaba’s Jack Ma.
Japanese logistics technology start-up Openlogi has raised JPY1.7 billion ($16.7 million) in an ongoing Series C round featuring Sumitomo Corporation.