Chinese used car trading platform Uxin Group gained 10% on its first day of trading on NASDAQ following a $225 million IPO that was scaled back in terms of size and pricing.
The company sold 25 million American Depository Shares (ADS) at $9.00 apiece, according to a filing. It initially sought to sell 38 million shares with a target pricing range of $10.50-12.50. The stock...
Wanwu Xinxuan, a Chinese social e-commerce start-up that specializes in products for infants and children, has raised $20 million in a Series B round of funding led by local consumer sector-focused venture capital firm Fresh Capital.
Kotak Mahindra Group hopes his longstanding experience in financial services will serve as a differentiator as it looks for deals in India's increasingly popular distressed space
Conservative sovereign wealth investors are increasingly comfortable making direct commitments to venture-oriented technology companies. The strategy appears to suit them but remains to be validated