Asia Pacific companies are increasingly willing to consider non-core asset sales as they seek to shed dead weight and re-focus on major business areas, especially as technology threatens to overturn established practices
About one-third of the 32 PE buyouts announced last year with valuations of $500 million or more were corporate carve-outs. This compares to five out of 20 in 2016. According to a survey by EY, divestment...
Info Edge India, the holding company for Indian jobs portal Naukri, is looking to raise INR7.5 billion ($100 million) for a debut venture capital fund.
Laundrygo, a Korea-based on-demand laundry service, has raised KRW17 billion ($13.9 million) in Series B funding from Korea Investment Partners, Aju IB Investment, KT Investment, Samsung Venture Investment, and DS Asset Management.
DoubleDown Interactive, a STIC Investments-backed Korean online game publisher best known for its flagship casino offering, has filed to list in the US.
Facebook and PayPal have joined an ongoing Series F round for private equity-backed Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek (formerly Go-Jek).