Australian mid-market GP Mercury Capital is on course to exit local B2C mobile messaging platform MessageMedia after Sweden-based Sinch agreed to acquire the company for $1.3 billion.
Sinch, a global cloud communications business specializing in mobile customer engagement, will pay $1.1 billion in cash and the rest in shares. Mercury is a minority shareholder in MessageMedia, having...
Zhuanzhuan, a used goods trading platform and subsidiary of 58.com, China’s largest online classifieds marketplace, has raised a $100 million round led by electronics giant Xiaomi.
KPCB growth-stage spinout Bond has led a $200 million Series B round for BrowserStack, a software testing platform established by two Indian entrepreneurs.
Chinese healthcare big data company LinkDoc Technology, which counts New Enterprise Associates (NEA), China Broadband Capital, and Temasek Holdings among its investors, has filed for an IPO in the US.
Yonghe Medical Group, a Chinese hair healthcare specialist best known for hair transplants, is targeting a Hong Kong IPO. Its largest external shareholder is CPE, formerly CITIC Private Equity.