A group of VCs including China Growth Capital have agreed to invest $16 million in Ono, a China-based company that claims to be the creator of the first decentralized social network.
M17 Entertainment, a Taiwan and Singapore-based media streaming company, has abandoned plans for a $60.1 million IPO in the US citing unspecified difficulties with some investors.
Venture capital deals involving IDG Capital, Orchid Asia, Fosun Group, Matrix Partners, ZhenFund, Sky9 Capital, CDH Investments, Meridian Capital, Eastern Bell Venture Capital, SIG, and Qianhai FoF
The Longreach Group has agreed to sell Japanese mobile content provider Cybird to Aeria, a listed online gaming platform, for JPY7 billion ($64 million).
Next 10 Ventures, a US and Singapore-based GP headed by former YouTube and Warner Bros executives, has raised $50 million for a fund focused on user-generated media content businesses.
STX Entertainment, a film and TV studio that claims to bridge the US and Chinese markets, has filed for an IPO in Hong Kong. The company’s investors include Hony Capital and TPG Capital’s growth arm.
SIG China has led a $13.5 million Series B funding round for Castbox, a US and China-based podcasting platform with content in multiple languages.
D4V, a firm set up by Japanese seed-stage investor Genuine Startups and US-based design consultancy Ideo, has closed its debut venture capital fund with more than JPY5 billion ($46 million) in commitments.
Bilibili, a VC-backed Chinese animation streaming platform, ended its first day of trading on NASDAQ slightly below its IPO price following a $483 million offering.
Five V Capital, an Australian GP established by Adrian MacKenzie, formerly a managing partner at CVC Capital Partners, has agreed to buy the contact center business of market services company Salmat for A$53 million ($41 million).
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has invested $80 million in Global Sports Commerce (GSC), a Singapore-based sports technology and management business that has worked with groups such as the English Premier League...
KKR has completed a platform investment in China’s digital marketing space, bringing together four local companies to provide a one-stop service covering everything from advertising to analytics.
With a market focus and a user acquisition mechanism that differentiate it from other Chinese news and video apps, Qutoutiao impressed Tencent Holdings enough to secure a $200 million Series B round
Tencent Holdings has led a Series B round worth more than $200 million for Qutoutiao, a Chinese mobile news reading app. The round gives the company a post-money valuation of $1.6 billion.
Mobile payment represents a “big inflection point between China and the rest of the world,” underlining how the country has become a leader in technology, according to Victor Koo, founder of video streaming platform Youku.
Linmon Pictures, a Shanghai-based boutique entertainment studio, has raised a Series C round of funding from domestic PE firms Hanfor Capital, CQY Capital and Wuniu Capital.
Tencent Holdings has participated in a $461.6 million Series B funding round for Huya, a VC-backed Chinese game broadcasting subsidiary of US-listed social networking platform YY.
Bilibili, a China-based video-streaming platform backed by a handful of PE and strategic investors, has filed for an US IPO.
Orchestra Private Equity, a GP that focuses on Korea-Japan cross-border transactions, has invested KRW61 billion ($56 million) for an 87% stake in Seoul Vision, a Korean post-production house for TV commercials.
Capillary Technologies, an Indian cloud-based software provider that focuses on customer relationship management (CRM), has raised $20 million from existing investors including Warburg Pincus and Sequoia Capital.
Chinese private equity-backed online content platform Toutiao has acquired Faceu, a camera app that has received funding from IDG Capital and Lightspeed China Partners.
Orient Hontai Capital, a PE unit of China’s Orient Securities, has agreed to buy a 53.5% stake in Imagina Media Audiovisual, part of Spain-based Mediapro Group. The transaction values Imagina at EUR1.9 billion ($2.35 billion).
A consortium led by CITIC Capital has agreed to buy Euromoney Institutional Investor’s financial information database division for an equity value of $180.5 million.
French private equity firm Jolt Capital has led a $12.5 million investment in Singapore-headquartered audience data aggregator and marketplace operator Eyeota.