Media
Japan's J-Star announces trio of investments
Japan’s J-Star has continued the rapid deployment of its third fund, securing buyouts across the lifestyle retail, recycling, and fire safety equipment manufacturing spaces.
Singapore's AdAsia closes Series A at $14.5m
Singapore-based advertising technology company AdAsia Holdings has closed its Series A funding round at $14.5 million after receiving a $2.5 million investment from angel investor Hisanori Watanabe and Japanese news app provider Gunosy.
VCs invest $3.4m in Japan's Oneteam
Oneteam, a Japanese workplace chat app provider, has received a JPY380 million ($3.4 million) funding round from a group of venture investors, including existing backer Nissay Capital.
Australia's Alium raises $79m venture fund
Australia-based Alium Capital has received A$100 million ($79 million) in commitments for its debut venture capital fund, meeting the targeted corpus.
China's VC-backed DotC United raises $350m Series B
Chinese mobile app publisher and developer DotC United, which is backed by several VC investors, has raised a Series B round of funding worth $350 million.
Australia's Rokt closes Series B at $26m
Australian digital marketing services company Rokt has closed a Series B funding round at $26 million led by Moelis Australia Asset Management.
Chinese consortium further scales back Opera deal to $575m
A PE-backed Chinese consortium has agreed to scale back its ongoing acquisition of the web browser business of Norway’s Opera Software to a value of $575 million. It follows a renegotiation earlier this year that agreed a $600 million deal as an alternative...
Chinese consortium agrees scaled back Opera deal
A PE-backed Chinese consortium has agreed a $600 million acquisition of the web browser business of Norway’s Opera Software after a full takeover bid worth $1.2 billion failed to attain government approval.
Terra Firma to exit Odeon & UCI Cinemas to Wanda's AMC
UK private equity firm Terra Firma will exit Odeon & UCI Cinemas for GBP921 million ($1.2 billion) to AMC Entertainment, a US-listed cinema chain operator owned by Chinese conglomerate Dalian Wanda Group.
Singapore’s Hera backs social media content publisher
Singapore private equity firm Hera Capital has made an undisclosed equity investment in My Social Book, a company that publishes personalized hardback scrapbooks, diaries and photo albums based on customers’ timestamped social media resources.
It's good to talk: PE's communication imperative
Asian private equity has in recent years discovered the benefits of greater media and public engagement
China's Suning buys 70% stake in football giant Inter Milan
Chinese electronics retailer Suning has invested EUR270 million ($306.5 million) in a 70% stake in Italian football team FC Internazionale Milano (Inter Milan).
China's Tang Media Partners acquires US-based IM Global
Tang Media Partners, a Sino-US media investment firm, has acquired a majority stake in Hollywood film and TV studio IM Global from India’s Reliance Group.
China’s Everbright, Baofeng buy control of MP & Silva
Two Chinese companies – Everbright Securities and entertainment specialist Beijing Baofeng Technology – have acquired a 65% stake in Italy-based sports media rights firm MP & Silva (MPS).
China’s Wanda Cinema to acquire PE-backed Wanda Media for $5.7b
Wanda Cinema Line, China’s largest cinema chain operator, plans to acquire its movie-making affiliate Wanda Media, which is backed by several PE investors, for RMB37.2 billion ($5.7 billion) in a cash and stock swap.
StarVC co-founder launches new China VC fund
Xiaoming Huang, a Chinese actor who co-founded celebrity fund StarVC, has launched a new venture capital firm called Ming Capital.
China ticket booking site Weiying raises $462m
Beijing Weiying Times Technology, a Chinese online portal that sells movie tickets, has raised RMB3 billion ($462 million) in an extended Series C round of funding at a valuation of $2 billion.
Puji Capital, Jupai Holdings invest in China Wanda Pictures
Two Chinese investment groups – Puji Capital and Jupai Holdings – have formed a joint venture (JV) to invest in Wanda Pictures, the film production and distribution division of domestic conglomerate Dalian Wanda.
FountainVest, Focus Media launch $400m China sport fund
FountainVest Partners and its portfolio company Focus Media - a Chinese outdoor advertising business that went public via a backdoor listing last year - will launch a $400 million sport industry-focused fund.
SAIF participates in $155m round for Baidu video unit
SAIF Partners has participated in a RMB1 billion ($155 million) round of funding for Baidu Video, a new online video affiliate created by Chinese search giant Baidu.
PE investors to exit China's Happigo Home Shopping
Hony Capital, CITIC Private Equity and Sequoia Capital are set to exit Happigo Home Shopping, a Shenzhen-listed online and TV shopping subsidiary of Hunan TV.
China's HNA to invest $184m in Le Sports Series B round
Chinese conglomerate HNA Group has agreed to invest RMB1.2 billion ($184 million) in Le Sports, a unit of LeTV Holdings, as part of a Series B funding round for the company.
Tencent leads $100m round for China Douyu TV
Douyu TV, a Chinese online platform that features live videos of people playing games, has completed a $100 million round of funding led by Tencent Holdings.
CMC Holdings buys stake in US-based Imagine Entertainment
CMC Holdings, an investment platform launched by Ruigang Li, founder of media-focused PE firm CMC Capital Partners, has invested in Hollywood production house Imagine Entertainment.