Consumer
Chinese stationery firm launches PE fund
Shenzhen Comix Stationery, a Shenzhen-listed stationery manufacturer, has won approval to launch a PE fund, which will be managed by Hejun Consulting.
PE-backed Universal Studios Japan targets IPO - report
Universal Studios Japan (USJ) - a theme park operator backed by Goldman Sachs, PAG, MBK Partners and US hedge fund Owl Creek - is looking to list on the Tokyo Stock Exchange.
Japan's Gree leads $4.5m round for HotelQuickly
Japanese tech giant Gree has led a $4.5 million Series A-1 round of funding for HotelQickly, a Hong Kong-headquartered last-minute hotel booking platform.
Singapore start-ups: Touching greatness
At least four Singapore-headquartered start-ups have four years of operations behind them and are worth at least $100 million. Which businesses have the skill and scale to be the next big thing?
Trade sales in Southeast Asia: Expansion imperative
Companies from within and outside Southeast Asia are scouring the region for M&A opportunities as they seek to capitalize on regional growth. It means a wider variety of trade sale options for PE investors
VC-backed Japan lunch delivery site raises $27m
Japan's Star Festival, the VC-backed start-up behind lunchbox delivery and catering site Gochikuru.com has raised JPY2.8 billion ($27.4 million) from strategic investor Askul, one of the country's largest office supply mail-order companies.
IDG backs Chinese second-hand car site Youche
IDG Capital Partners has provided a Series A round of funding for Youche.com, a Chinese online trading platform for second-hand cars.
GIC, Olympus lead Series D round in China premium dairy play
Singapore sovereign wealth fund GIC Private and Olympus Capital Asia have led a $106 million Series D round of investment in China's Huaxia Dairy in a bid to tap in the country's fast-growing premium dairy segment.
China-US VC: Beyond borders
Chinese tech companies are interested in making investments in the US, while start-ups are targeting Sino-US or global markets from the outset. How can VC investors make money in this melting pot?
Fidelity leads Series C for India's Milk Mantra
Fidelity Growth Partners India has led an INR800 million ($13.3 million) Series C round of investment in Milk Mantra Dairy.
PE-backed China Shengmu Organic Milk launches $169m HK IPO
China Shengmu Organic Milk, an organic dairy maker backed by several PE investors, is targeting HK$1.31 billion ($169 million) through an IPO in Hong Kong.
GGV, Legend join $50m round for US shopping app Wish
Legend Capital and GGV Capital have participated in a $50 million round of funding for Wish, a San Francisco-based mobile shopping app operator.
Tencent invests $736m in VC-backed Chinese classifieds site
Tencent Holdings will pay $736 million for a 19.9% stake in 58.com, a venture capital-backed Chinese classifieds website that went public on the New York Stock Exchange last October.
Bertelsmann backs India’s Nirvana Ventures
Global media group Bertelsmann has made an LP commitment to Digital Nirvana Fund, an India-focused vehicle that supports start-ups in the digital space.
Catamaran Ventures teams up with Amazon in India
Catamaran Ventures, the private investment arm of Infosys co-founder N.R. Narayana Murthy, has formed a joint venture with Amazon intended to help small and medium-sized enterprises (SMEs) in India get online.
Australia's PEP set for exit as Asaleo Care raises $616m
Pacific Equity Partners (PEP) will make a full exit from Asaleo Care as the hygiene and paper products manufacturer raises A$655.7 million ($616.6 million) through an IPO.
CDH-backed Beijing Digital Telecom eyes $152m HK IPO
Beijing Digital Telecom (BDT), China’s largest mobile telecom retail chain, which is backed by 3i Group and CDH Investments, plans to raise up to HK$1.18 billion ($152 million) through an IPO in Hong Kong.
IDG-backed Tian Ge targets $208m HK IPO
Tian Ge Interactive Holdings, a Chinese social video-sharing platform that has received funding from IDG Capital Partners and internet company Sina, is seeking to raise up to HK$1.61 billion ($208 million) through a Hong Kong IPO.
Quick exit for Quadrant in pet services
Nine months ago, the bidding process ended for City Farmers, Australia’s third-largest pet services business. Number two player Petbarn lost out to Quadrant Private Equity. A couple of months after that Petbarn joined forces with Greencross, the country’s...
China logistics: Filling the gap
Spurred by a lack of high-quality supply and rising demand from retail customers, private capital is flooding into China’s logistics sector. The fundamentals are strong, but investors and operators must be disciplined
CDH, China Grand Pharma buy control of contact lens maker
CDH Investments has teamed up with Hong Kong-listed China Grand Pharmaceutical & Healthcare to acquire a 71.25% stake in contact lens maker Shanghai Weicon Optical for $78.75 million.
China’s Fosun to invest in Hollywood movie studio
Chinese conglomerate Fosun International plans to invest in Studio 8, a Hollywood film studio. Financial details were not disclosed.
China’s Qiming appoints two new partners
Qiming Venture Partners has appointed two new partners, Kuantai Yeh and Jing Wu, who join from Highland Capital Partners and CITIC Private Equity, respectively.
SAIF leads $25m round for India's BookMyShow
SAIF India has led a INR1.5 billion ($25 million) round of funding for Bigtree Entertainment, the company behind cinema and events ticketing site BookMyShow.