Northern Light Venture Capital (NLVC), SBCVC and Hotung Venture Group will exit Chinese online recruitment platform Dajie.com after Meitu agreed to buy a majority stake in the business. The valuation of $88.4 million represents a small premium to the most recent private round.
Meitu, a photo editing and sharing community operator that went public in Hong Kong in 2016, will pay HK$395.5 million ($50.4 million) for a 57% interest in Dajie. Offshore shareholders – including the...
WayCool Foods receives $32 million in funding to support an expansion of its agricultural technology proposition that removes middlemen - and boosts efficiency - in food supply chains
Recognizing strong demand trends for electric vehicle batteries, KKR turned around KCF Technologies within two years before exiting the Korean business with a 6.5x return
Anthony Kerwick, a managing director at Australia’s Adamantem Capital, on the coronavirus impact, helping capital constrained companies, and why he avoids using the term ‘proprietary’
Singapore-based Asia Partners has led a $35 million round for Hong Kong online education start-up Snapask. It coincides with the company’s relocation to Singapore.