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 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.
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.
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.