VC News Network
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VinaCapital and partners to open US$4 billion Vietnam casino project in 2019
Vietnamese real estate investment and development firm VinaCapital Group to open a US$4 billion integrated tourism and leisure destination – operate under the name Hoiana and the property’s first phase will open in early 2019.
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Backed by Chinese Rock Star Wang Feng, China’s FIIL to be the next Beats by Dr. Dre
Wang Feng, with his aim to bring FIIL to global heights, has launched itself on Kickstarter in December, taking pre-orders for the Carat Pro, a set of wireless headphones that are equipped with some sporty…
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IdeaSpace launches 2017 Philippines startup competition
IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.
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Singapore-based e-commerce enabler Shopmatic buys technology consulting firm 5X Ruby
Singapore-based e-commerce technology firm Shopmatic has acquired Taiwan’s Ruby on Rail’s technology firm 5X Ruby for an undisclosed amount. The move was done in part to strengthen the company’s research and development team as well…
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Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million
Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.
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Airbnb to increase fundraising round to US$ 1 billion
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.
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Practo makes fifth acquisition, buys analytics startup Enlightiks for US$13.9 million
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…
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Singapore unicorn Garena in talks for US$1 billion IPO listing in the US
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.
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Global ecommerce startup Floship bags US$3.5 million funding round
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.
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EVISU buys back rights to China retail and franchise at US$40 million
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.
