Tencent Holdings has participated in a $461.6 million Series B funding round for Huya, a VC-backed Chinese game broadcasting subsidiary of US-listed social networking platform YY.
No additional investors or ownership details have been disclosed, although YY will retain control over Huya. As part of the transaction, Tencent will have an option to purchase additional shares in the...
SeaLink Capital Partners has led a INR2 billion ($29 million) investment in Indian maternal and pediatric hospital chain Surya Children’s Medicare, providing an exit for OrbiMed Advisors.
Japan's governance reforms have given activist investors more leverage over underperforming companies. PE firms are well positioned to offer solutions to these targets in the form of carve-outs, privatizations, or partnerships
Chinese B2B pharmaceutical trading and education platform Yaoshibang has received RMB420 million ($65 million) in Series C funding across two tranches.
A group of VCs including China Growth Capital have agreed to invest $16 million in Ono, a China-based company that claims to be the creator of the first decentralized social network.