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China’s Sogou targets IPO at US$5 billion valuation to rival Baidu
China’s third-biggest search engine Sogou plans to hold a U.S. initial public offering this year, according to its CEO Wang Xiaochuan in an interview with Bloomberg.
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China establishes US$1.44 billion Asia Fintech Fund of Funds (FOF) focusing on M&A deals
Asia Fintech Fund of Funds (FOF), a foundation that targets financial and tech mergers and acquisition (M&A) in Asia has been established with funds of US$1.44 billion.
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India-based instantPay secures pre-Series A funding from RB Investments, Kaleden
New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised its pre-series A funding from Singapore based
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Everstone makes third healthcare acquisition, investing US$35 million in OmniActive Health
Everstone Group acquires a minority stake in OmniActive Health Technologies Ltd. in a US$35 million deal to strengthen OmniActive’s presence in global nutraceutical space.
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Galaxy Holdings, Puji Capital announces joint venture platform to back foreign businesses in Shenzhen
Galaxy Holdings and Puji Capital has recently formed a strategic joint venture to provide investment capital and act as a business incubator for foreign companies entering the China market. They will invest in more than…
