Deal focus: Boomplay aspires to become Africa’s Spotify
Boomplay has leveraged demand for its Chinese parent's smart phones to become the leading music streaming platform in Africa. Maison Capital and Yunshi Capital were sufficiently impressed to back a $20 million Series A round
Africa is the world’s youngest continent, with 70% of its more than billion population aged under 30. Despite huge demand for entertainment products including movies and music from these youngsters,...
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Centurium, Joy invest $250m in China's Luckin Coffee
Centurium Capital and Joy Capital have invested $250 million in scandal-hit Chinese coffee shop chain, with Centurium describing it as a sign of faith in the company’s business model and long-term prospects.
China's ZJS Express raises $153m
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Japan's Samurai Incubate raises Africa fund
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