One Store, a Korean mobile app market controlled by SK Telecom, has raised a KRW100 billion ($86 million) round led by local VC firm Kiwoom Investment.
SKS Private Equity, an affiliate of SK Telecom, also participated. The two investors have taken a combined 19.6% stake in One Store. The company is 52.7% controlled by SK Telecom, while internet conglomerate...
Shanghai Kechow Pharma, a Chinese small molecule targeted drug developer, has raised a $45 million Series C round led by Decheng Capital.
Kurt Bjorklund, a co-managing partner at Permira, explains how a sector-focused investment style is becoming indispensable in Asia’s competitive and disruption-prone markets
Baibu, a Chinese B2B trading and services platform for the textiles and fabrics industry, has raised a $300 million Series D round led by DST Global.
Food delivery start-up Delivery Hero has agreed to acquire Korean peer Woowa Brothers in a deal that values the target at $4 billion and will facilitate exits for several private equity investors.