Media
China leads the world in internet technology - AVCJ Forum
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.
China’s Linmon Pictures raises Series C
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 joins $462m Series B for China’s Huya
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.
China video-streaming player Bilibili files for US IPO
Bilibili, a China-based video-streaming platform backed by a handful of PE and strategic investors, has filed for an US IPO.
Orchestra buys Korean post-production business
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.
Warburg, Sequoia join $20m investment in India's Capillary
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.
China’s Toutiao acquires VC-backed selfie app Faceu
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.
Chinese PE firm to acquire Spain’s Imagina Media
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).
CITIC Capital-led consortium to buy Euromoney data division
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.
Singapore audience data business gets $12.5m
French private equity firm Jolt Capital has led a $12.5 million investment in Singapore-headquartered audience data aggregator and marketplace operator Eyeota.
CICC leads $96m round for Chinese sports site Hupu
Hupu Sports Media, a Chinese language sports information and e-commerce site, has raised a RMB618 million ($96 million) round led by a government-backed fund managed by China International Capital Corporation (CICC).
KKR media platform buys India cartoon studio
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has acquired a majority stake in Cosmos-Maya, an animation studio based in Singapore and India.
VCs invest $18m in Japan lifestyle media player
Every, a Japanese media company focused on lifestyle-oriented and smartphone-accessible content, has raised about JPY2.1 billion ($18.3 million) from a number of VCs, including World Innovation Lab.
VCs in $45m round for Chinese tech news site 36kr
Gobi Partners and China Prosperity Capital have led a RMB300 million ($45 million) round of funding for 36Kr Media, a Chinese online technology news platform.
Warburg Pincus invests $350m in India's Bharti Telemedia
Warburg Pincus has invested $350 million in Bharti Telemedia, the direct-to-home (DTH) satellite television services arm of Indian telecom services provider Bharti Airtel.
Japanese online media player Candee gets $21.6m round
Eight Roads Japan has led a JPY2.45 billion ($21.6 million) funding round Tokyo-based online media start-up Candee.
Yao Capital, IDG back sports marketing business Shankai
Yao Capital and IDG Capital have invested RMB300 million ($45.3 million) in Shankai Sports, coinciding with the Chinese sports management company signing an agreement to manage the China operations of golf’s PGA Tour.
Bain completes tender offer for Japan’s ADK
Bain Capital Private Equity has completed its tender offer for Japanese advertising agency Asatsu-DK (ADK), acquiring a majority stake in a deal that values the company at JPY153 billion ($1.3 billion).
Coatue leads $177m round for Chinese comic book app
Kuaikan Comic, a mobile app that focuses on Chinese comic books, has raised a $177 million Series D round of funding led by Coatue Management.
China's Orient Hontai fails to secure AppLovin buyout, switches to debt deal
US-based mobile marketing platform AppLovin has terminated a planned $1.4 billion acquisition by Orient Hontai Capital, a PE unit of China’s Orient Securities, after a long delay in the regulatory approval process. It has opted for a debt-based deal...
WPP agrees to Bain tender offer for Japan's ADK
Bain Capital Private Equity’s tender offer for Japan-listed advertising agency Asatsu-DK (ADK) has overcome its biggest obstacle as the company’s largest shareholder WPP Group has withdrawn its objection to the deal.
Walden, East join $6.6m round for Tech in Asia
Walden International and East Ventures have joined a $6.6 million funding round led by Hanwha Investment & Securities for Tech in Asia, a Singapore-based digital media company focused on Asian start-ups.
Quadrant's family entertainment platform makes debut acquisition
Australia’s Quadrant Private Equity has purchased amusement arcade operator Timezone Group as the first part of a buy-and-build strategy in the family and children’s entertainment market.
China's Bytedance to acquire VC-backed Musical.ly
Beijing Bytedance Technology, the parent company of Chinese news aggregator Toutiao, has agreed to acquire Musical.ly, a VC-backed short video social networking platform.