Japan-based news app SmartNews has closed its Series E round at $92 million with contributions from Japan Post Capital and Globis Capital Partners.
MBK Partners and Mirae Asset Daewoo Private Equity have agreed to pay KRW333.6 billion ($286 million) for a minority position in the China and Southeast Asia assets of Korean cinema chain operator CJ CGV.
One Store, a Korean mobile app market controlled by SK Telecom, has raised a KRW100 billion ($86 million) round led by local VC firm Kiwoom Investment.
Korean investors Mirae Asset Capital, EastBridge Partners, and Naver have provided $30 million in growth capital to Vietnamese online entertainment broadcaster Pops.
TDM Growth Partners, an Australian GP that invests across public and private companies, has led a $48 million Series C round for local marketing technology supplier Rokt.
Quadrant Private Equity has agreed to buy Australian outdoor advertising business QMS Media Group for an enterprise valuation of A$571.6 million ($392 million) through a scheme of arrangement.
Japanese private equity firm J-Star has acquired three local internet media companies with a view to bundling them into an acquisition platform for the sector.
Australia’s Canva has raised an $85 million growth round led by Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values the graphic design start-up at $3.2 billion.
Building a meaningful events promotion business was an early priority for Affinity Equity during its ownership of Australian ticketing player TEG. This transformation paved the way to a lucrative exit
36Kr, a Chinese news service that covers start-ups and emerging business models, has filed for a US IPO.
Singapore-based Gushcloud International has teamed up with the founder of Def Jam Recordings to create a digital talent agency that realizes value for social media influencers in Asia and America
Hony Capital has agreed to pay RMB300 million ($42 million) for a 20% stake in Xinhua Xuanmen, a mobile platform launched by China's state-owned Xinhua News Agency.
Gushcloud International, a digital talent agency based in Singapore, has received $11 million from a group of regional VCs and US hip-hop mogul Russel Simmons (pictured).
Mithril Capital, a US-based VC firm launched by PayPal co-founder Peter Thiel, has invested $45 million in Glance, an Indian smart phone media service provider.
NetEase Cloud Music, one of China's largest music streaming platforms, has secured a $700 million investment from Alibaba Group and Yunfeng Capital, a private equity firm established by Alibaba founder Jack Ma.
Restaurant chains can potentially ride on the tailwinds generated by demand for Korean cultural exports, but strong execution is ultimately the key factor in overseas expansion
Bain Capital has agreed to buy the Australia and New Zealand businesses of market research and consulting company Kantar from the local branch of UK-based media conglomerate WPP Group for A$168 million ($114 million).
Twitter has led a $100 million round for Indian social networking platform ShareChat with support from private equity investor Trustbridge Partners.
Cue, a China-focused digital marketing platform created last year by KKR, has raised its first round of expansion funding led by Anchor Equity Partners.
Tokyo-based news app operator SmartNews is said to have achieved unicorn status following a JPY3.1 billion ($29.2 million) Series E round led by Japan Post Capital.
XIO Group, a cross-border PE firm established by several Asia-based investment professionals, has agreed to sell market research business J.D. Power to technology-focused GP Thoma Bravo.
Malaysia-based video streaming service Iflix has raised a funding round of more than $50 million led by Fidelity International.
Home Control International, a Singapore-based manufacturer of remote controls for television and smart devices owned by Morgan Stanley Private Equity Asia (MSPEA), has filed for an IPO in Hong Kong.
Qiming Venture Partners has led a $15 million Series B round for Pratilipi, a publisher of Indian vernacular language content.