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  • Warburg-backed e-Shang Redwood closes US$300 million investment in run up to IPO

    Warburg-backed e-Shang Redwood closes US$300 million investment in run up to IPO

    vivian
    January 4, 2017

    E-Shang Redwood (ESR) has closed a US$300 million round of investment led by a consortium of China mainland investors. The Asian logistics developer also prepares for a potential 2017 initial public offering.

  • China’s Sogou targets IPO at US$5 billion valuation to rival Baidu

    China’s Sogou targets IPO at US$5 billion valuation to rival Baidu

    vivian
    January 4, 2017

    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.

  • China establishes US$1.44 billion Asia Fintech Fund of Funds (FOF) focusing on M&A deals

    China establishes US$1.44 billion Asia Fintech Fund of Funds (FOF) focusing on M&A deals

    vivian
    January 4, 2017

    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.

  • India-based instantPay secures pre-Series A funding from RB Investments, Kaleden

    India-based instantPay secures pre-Series A funding from RB Investments, Kaleden

    vivian
    January 3, 2017

    New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised its pre-series A funding from Singapore based

  • Everstone makes third healthcare acquisition, investing US$35 million in OmniActive Health

    Everstone makes third healthcare acquisition, investing US$35 million in OmniActive Health

    vivian
    January 3, 2017

    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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