Jade Invest has confirmed a partial exit from Chinese lifestyle goods retailer Latt Liv, selling a “strategic stake” to e-commerce giant JD.com. Financial terms have not been disclosed.
Based in Guangzhou, Latt Liv sells a wide range of housewares and lifestyle goods through more than 300 stores in China and a growing network of locations in over 20 countries worldwide. Its products include...
DCM Ventures has raised $880 million across two funds that will continue its early-stage technology strategy, with 70% of the capital earmarked for deployment in China.
Having previously focused on offshore IPOs, China managers with US dollar funds are now considering the Star Market. But going onshore means more regulation as well as high valuations
Manila-based private equity firm Navegar has closed its second Philippines fund with $197 million in commitments. The initial target was $150 million.
Singapore-headquartered investment firm Blue Ashva Capital has secured a first close of INR4.5 billion ($60 million) for an India-domiciled fund that will invest in small and medium-sized enterprises (SMEs) and start-ups.