Shihuituan, a China-based community group buying platform also known as Nice Tuan, has raised $80 million in the second tranche of a Series C round led by CDH Investments.
GGV Capital, Ince Capital Partners, and CMB International took part. The proceeds will be used to strengthen the company's warehousing, distribution and the overall supply chains, while supporting geographic...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs) has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.