Enterprise

Life.SREDA, MDEC in strategic partnership to launch US$20 million joint fintech fund

Life.SREDA, a Singapore-based venture capital (VC) firm with Russian origins, made an announcement that it has entered into a strategic partnership with Malaysia Digital...

Sequoia China, CMC Holdings to establish sports investment fund

Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two...

Carlyle to launch new fund backed by IFC, targeting US$1 billion commitment to invest...

The Carlyle Group, a US-based private equity firm is raising US$1 billion under its Asian growth fund to further expand its investment portfolio in...

Malaysian stock photo startup 123RF acquires TheHungryJPEG with plans to go IPO

Malaysian stock photo startup 123RF acquires TheHungry.JPEG to expand its design resources globally, paving the way for an Australian listing.

Baidu said to make US$100 million investment in Chinese electric car startup NextEV

Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.

IFM Investors to acquire minority stakes in Australian fashion handbag and accessories retailer Colette...

IFM's private equity arm has acquired a significant minority stake in Collete by Collette Hayman, an Australian retailer of handbags and fashion accessories.

Korean ST Unitas to acquire the Princeton Review

During the press conference at Conrad Hotel in Seoul on the 14th of February, Korean's ST Unitas has made an announcement that it is to acquire the Princeton Review.

IFC to invest US$20 million in China’s Qiongzhong Rural Credit Cooperative

International Finance Corporation (IFC), the private lending arm of the World Bank, has made an investment of RMB130 million (about US$20 million) in China’s...

Mobvista secures US$100 million credit facility from Bank of China

Bank of China granted almost US$100 million credit facility to Mobvista, a global leading mobile marketing company, marking the largest credit facility in the industry of China.

Wah Seong Corp acquires German pipeline coating firm mutares AG for US$20.6 million

Wah Seong Group has acquired a Germany-based pipe coating firm, mutares Holding-16 AG for US$20.6 million, to gain access to mutares' pipe coating plant for the Nord Stream 2 project in the Baltic Sea.
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