Featured
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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.
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Vietnamese angel investors launch US$5 million Innovatube Fund to focus on frontier tech
Redefining itself as a venture capital firm, Innovatube, a startup incubator with branches in Vietnam, Singapore, Hong Kong, and the United Kingdom, has initiated a US$5 million pre-seed fund for Southeast Asian startups. Innovatube Fund…
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COCLEAN Technology secures US$2.9 million series A round led by ZhenFund
Chinese COCLEAN Technology, a developer of indoor air purification systems has recently announced a 20 million yuan (about US$2.9 million) series A round of investment led by Zhen Fund.
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Chinese mobile games developer ShineZone raises US$58 million in its series B fundraising
Chinese mobile game developer ShineZone has recently completed a RMB400 million (about US$58 million) series B round, and is looking to go for an IPO listing.
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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.
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China Media Capital, SECA to invest tens of millions of Euros in FIA Formula E Championship
CMC Capital Partners announced on Tuesday that it has invested millions of euros into Formula E Holdings, the official promoter of the FIA Formula E Championship.
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Chinese honeymoon-themed hotel Shilili secures US$14 million round led by Matrix Partners China
Shilili, a hotel in China that focuses on romantic themes has secured a RMB100 million(about US$14 million) round led by Matrix Partners China.
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Chinese gay dating app Blued raises eight-digit RMB funding from The Beijing News
Gay dating app Blued secures an eight digit RMB strategic investment from Chinese state-run media, The Beijing News’s investment arm. – Shan Shui Cong Rong Media Investment Co.
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Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
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Food Union group secures US$225 million investment from PAG and Meridian Capital to fund expansion project in China
Food Union Group, an international group of dairy and ice cream producing companies has received a combined US$225 million investment from PAG, one of Asia’s largest private equity firms, and existing investor Meridian Capital.
