VCNN

Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.

Airbnb Inc authorised the sale of an additional US$153 million in equity, bringing the size of its current fundraising effort to about US$1 billion.

Bengaluru-based Practo has acquired analytics platform Enlightiks in a cash-and-stock deal valued at US$13.9 million. Post acquisition, the entire 50 member team of Enlightiks will join the company to form the Analytics Business Unit within Practo.

Garena Interactive Holding Ltd., a Singapore-based unicorn is reportedly going ahead with an initial public offering in the United States that may raise US$1 billion, according to Wall Street Journal.

Floship Global e-commerce raises a US$3.5 million funding round. The company plans to use the investment to accelerate technology development and serve more customers on a wider variety of e-commerce platforms.

EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.

At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million, with its final close expected in June 2017.

Malaysian private equity firm, Creador closes Fund III at US$ 415 million, that is US$ 35 million short from its initial targeted US$ 450 million.