DCM to re-up as China’s Tuniu sets terms for US IPO
DCM and two Chinese strategic investors, Ctrip and Qihoo 360, will invest $35 million in Tuniu through a private placement alongside the online package tour provider’s NASDAQ IPO.
According to a regulatory filing, Tuniu will sell 8 million American Depository Shares (ADS) - representing 24 million Class A ordinary shares - at an estimated $9-11 apiece, putting the company on course...
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India's InCred announces $60m round, claims unicorn status
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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.