Online B2B trading platforms have the potential to bring efficiency and pricing transparency to the more fragmented segments of China’s industrial economy. It’s all about picking the right vertical at the right time
Jushuitan, a China-based software-as-a-service (SaaS) provider of operating management systems to small to medium-sized e-commerce operators, has received RMB300 million ($45 million) from Sequoia Capital China.
Lufax, a Chinese online lending and wealth management platform established by Ping An Insurance, has achieved a post-money valuation of $39.4 billion with the completion of the Series C funding round. It comes after the company was said to have postponed...
Everlife, an Asia healthcare investment platform managed by India’s Everstone Group, has made its first investment in India, committing an undisclosed amount to medical device manufacturer CPC Diagnostics.
Bertelsmann India Investments has led a $27 million Series C round for AgroStar, an Indian mobile retail platform focused on the agriculture sector.
Shunwei Capital, a VC firm established by Xiaomi founder Lei Jun, has led a RMB55 million ($8 million) Series B round for B2B apparel sourcing and wholesaling platform Yi Shou.
Private equity firms that held back from investing in 2018 as uncertainty gripped China’s economy now see reasons to get busy again. With few macro tailwinds, GPs will be judged on their ability to pick winners
SoftBank plans to invest around $1.6 billion in Chinese ride-hailing app operator Didi Chuxing, marking the Japanese internet giant’s third investment in the company.
Newly established Australian venture capital firm King River Capital has confirmed the launch of its debut fund and two initial investments.
Hony Capital has co-led a $700 million funding round for US film and TV studio STX Entertainment along with TPG Growth, the mid-market investment platform of TPG Capital.
GPs expect a wave of non-performing loan sales in China as the slowing economy leaves banks with more bad debts to resolve, but could the distress investment opportunity be even broader than they envisage?
MegazoneCloud, a Korean IT services provider that helps companies incorporate cloud-based systems, has raised $45 million from a group of domestic investors, including the National Pension Service (NPS).
Singapore-based digital health start-up CXA Group has raised $25 million in funding from a string of strategic backers, including HSBC and the Asia investment arms of Singtel and Sumitomo Corporation.
KK Guan, a China-based online-to-offline (O2O) retailer that mainly sells imported goods, has received RMB400 million ($59 million) in Series C funding led by the Electronic World Trade Platform (eWTP) Ecosystem Fund, which is backed by Alibaba Group...
Eric Xin, a managing director with CITIC Capital, discusses the causes of China’s recent economic woes, the potential for services sector reform, and why corporate carve-outs are still flavor of the month
CD Capital, a natural resources and mining-focused private equity firm based in the UK, has agreed to acquire Australian mining operation Verdant Minerals in a deal that values the company at A$40.5 million ($28.6 million).
Mollybox, a subscription-based pet e-commerce company based in China, has raised a $13 million Series B round led by DCM Ventures and Digitalis Ventures.
Advantech Capital and CMB International, an investment unit of China Merchants Bank, have led a $70 million Series C funding round for InventisBio, a Chinese clinical stage biotech company.
Mofang Apartment, a Chinese serviced apartment developer backed by Warburg Pincus, has raised a $150 million Series D round led by Caisse de dépôt et placement du Québec (CDPQ).
Tigerobo, an artificial intelligence-driven financial information search engine, has raised $33 million in Series A funding from PAC, CreditEase New Finance Industry Fund and existing investor Gaorong Capital.
Omidyar Network, a global impact investment firm launched by eBay founder Pierre Omidyar that is an active investor in Asia, has spun out its financial technology division into a new VC firm called Flourish Ventures.
WM Motor Technology, a Chinese electric vehicle manufacturer, has raised RMB3 billion ($466 million) in a Series C round of funding led by existing investor Baidu Capital.
Bain Capital Private Equity has sweetened a tender offer initiated in January for Japan-listed printing and IT services provider Kosaido. The revised bid values the company at about JPY17.4 billion ($157 million).
Strategic investors are jockeying for position in Southeast Asia's blossoming technology space, hoping to gain a foothold with local start-ups before the market reaches a saturation point