Enterprise

Thai consumer products firm Neo Corp secures US$6.73 million investment from Finansa Fund

Neo Corporate - a Thai manufacturer and distributor of house brand consumer products which includes Fineline and Eversense has recently raised a US$6.73 million investment from Finansa Fund Management.

Chinese antibody drug developer Mabworks raises US$39 million Series B led by GTJA Group

Chinese antibody drug developer Mabworks raises a US$39 million Series B financing round led by Shenzhen GTJA Investment Group.

Singapore-based CoAssets invests US$145K in Chinese product crowdfunding platform Da Xian Bing

Singapore-based CoAssets on Monday has invested US$145K in a Chinese product crowdfunding platform, Da Xian Bing. CoAssets expects to increase its user base in China by 300,000 within six months of its investment in Da Xian Bing.

CDH-backed New Century Healthcare completes US$102 million Hong Kong IPO

Beijing-based New Century Healthcare has on Wednesday completed its listing on the Hong Kong Stock Exchange (SEHK), the initial public offering (IPO) involving 120 million shares is valued at US$102 million.

Chinese hotel management GreenTree Group to buy CVC-backed Da Niang Dumplings

Owner of Green Oriental Hotel and GreenTree Inn Hotel, China hotel management group GreenTree has crossed the border and entered into the catering business via its acquisition of Da Niang Dumplings.

China Exim Bank fund buys Hungarian telecom firm Invitel for US$214 million

The China-CEE Fund, which focuses its investments in Central and Eastern Europe, has agreed to buy Hungarian fixed line telecom and broadband internet provider Invitel Group for an enterprise valuation of €202 million (about US$214 million).

Comic art platform Kuaikan Manhua closes US$36 million Series C round led by Tiantu...

China consumer-focused GP Tiantu Capital has led a US$36 million Series C round of funding for Kuaikan Comic, a mobile app designed for reading light comics.

Axiom Asia Private Capital closes new Asian fund-of-funds at US$1.03 billion

Axiom Asia Private Capital announced the final close of its fourth private equity fund of funds, Axiom Asia IV, at US$1.03 billion.

Australian media tech firm Isentia Group buys China Newswire to grow distribution business in...

Isentia, a content distribution and media analytics technology company based in Sydney, Australia announces the acquisition of Shanghai-based China Newswire.

Samsung NEXT launches US$150m venture fund targeting AI, VR and IoT startups

Samsung has announced its intention to invest in seed to Series B stages within virtual reality, artificial intelligence, and IoT space via Samsung NEXT, a US$150 million venture capital fund.
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