Taipei-based online tour package vendor KKday has closed a $75 million Series C round led by Cool Japan Fund and Taiwan’s National Development Fund.
Existing backers Monk’s Hill Ventures and MindWorks Capital re-upped. KKday had planned to raise as much as $100 million for expansion through M&A and the acquisition of products prior to the outbreak...
China Ping An Insurance Overseas Holdings has aspirations to manage assets for third-party investors. Spinning out part of the global private equity portfolio may help it get there
Buoyed by strong macro fundamentals and robust returns, Japan’s buyout managers continue to attract capital while most other strategies across Asia struggle. Will this popularity be sustained?
Zhenkunhang, a China-based distribution platform for industrial products, has raised $315 million Series E funding led by YF Capital - previously Yunfeng Capital - a private equity firm co-founded by Alibaba’s Jack Ma.
Japanese logistics technology start-up Openlogi has raised JPY1.7 billion ($16.7 million) in an ongoing Series C round featuring Sumitomo Corporation.