Cheetah Mobile plans fund to support Taiwan start-ups
Cheetah Mobile, formerly Kingsoft Corporation’s internet security software division, plans to set up a NT$100 million ($3.1 million) fund to invest in Taiwan-based mobile internet start-ups.
"Taiwan almost missed the Internet era, and it is now time for Taiwan to deploy and integrate more resources to catch the tail end of the mobile Internet era," Cheetah Mobile CEO Sheng Fu told a conference...
More on Greater China
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.