Mabpharm, a China-based biopharmaceutical company backed by CDH Investments, saw its stock drop almost 20% on debut following a HK$1.23 billion ($157 million) IPO in Hong Kong.
According to a filing, a total of 823 million shares - including an overallocation - were sold at HK$1.50 each, the low end of the indicative range. After its debut on May 31 the stock closed at HK$1.21;...
Info Edge India, the holding company for Indian jobs portal Naukri, is looking to raise INR7.5 billion ($100 million) for a debut venture capital fund.
Laundrygo, a Korea-based on-demand laundry service, has raised KRW17 billion ($13.9 million) in Series B funding from Korea Investment Partners, Aju IB Investment, KT Investment, Samsung Venture Investment, and DS Asset Management.
DoubleDown Interactive, a STIC Investments-backed Korean online game publisher best known for its flagship casino offering, has filed to list in the US.
Facebook and PayPal have joined an ongoing Series F round for private equity-backed Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek (formerly Go-Jek).