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...
Newlink Group, operator of a platform that helps drivers in China locate the best value gas stations, has raised a RMB900 million ($128 million) Series D round led by China Capital Investment Group. Xiaomi Corporation also participated.
Chinese biotech start-up Harbour BioMed has raised $102.8 million in Series C funding. It comes four months after it closed an extended Series B round of $75 million.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
BlueCity Holdings, the VC-backed holding company for Chinese gay dating platform Blued, traded strongly after raising $84.8 million through a NASDSAQ IPO.