Funding Rounds
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Baby Pictures mobile app Qinbabao closes Series B funding led by China’s Fosun Group
Fosun Group, China’s global investment firm has led the Series B investment round in Qinbaobao, a baby picture mobiles app that allows users to upload and share baby pictures and videos.
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Taiping Assets Management leads US$309 million round in Shouqi Car Rental
Shouqi Car Rental raises US$309 million in a fundraising round led by Taiping Assets Management. Tianan Property Insurance and CCB International has also participated in the investment.
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Taiwan’s Next Entertainment raises US$25 million in Series A round led by China live streaming app Inke
Taiwan-based Next Entertainment, a live broadcasting platform, has closed its US$25 million in Series A financing which is led by Inke with participation from FunPlus, GSR Ventures and Mayfield. The funds will be used for…
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Backed by Chinese Rock Star Wang Feng, China’s FIIL to be the next Beats by Dr. Dre
Wang Feng, with his aim to bring FIIL to global heights, has launched itself on Kickstarter in December, taking pre-orders for the Carat Pro, a set of wireless headphones that are equipped with some sporty…
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Indonesia-based reinsurer Marein to raise US$41 rights issue in 2017
Indonesia reinsurer Marein is looking to raise US$ 41 million capital in a rights offering, selling up to 130 milion new shares by June next year.
