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Chinese accelerator ZDream Ventures acquires startups database provider Xeler8
Chinese accelerator ZDream Ventures has on Thursday acquired India-based startup database provider Xeler8. The financial details of the transaction was not disclosed.
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Chinese LeSports to raise US$439 million to focus on core video product
LeSports, the sports unit of cash-strapped Chinese Internet and technology conglomerate LeEco, is amid the process of raising RMB3 billion (about US$439 million) from an unnamed investor to support future growth. Prior to this, LeEco…
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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.
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Singaporean bitcoin startup CoolBitX raises US$200,000 from Midana Capital
Singaporean bitcoin startup CoolBitX has managed to secure S$280,000 from Midana Capital. The startup plans to use the funds for further R&D, as well as for marketing CoolWallet to Taiwan, Japan and the wider Bitcoin…
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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.
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Chinese hyperlocal delivery service UUPT.com closes US$13.9 million via Series A
UUPT.com, a hyperlocal delivery service that helps people escape from their everyday chores has just raised 96 million yuan (about US$13.9 million) on January 8. The fresh round of financing will be used to expand…
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Japan-based Mobingi raises US$2.2 million to launch cloud DevOps automation platform
Japan’s Mobingi raises US$2.2 million to launch its latest cloud automation platform – cloud DevOps automation platform
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Chinese UrWork raises US$58 million series B from Tianhong Asset Management and others
China’s co-working space provider, UrWork has recently completed a series-B fundraising worth RMB 4 billion (about US$58 million) from Tianhong Asset Management, Junfa Group and other Chinese companies. This latest fundraising pushes the Chinese firm’s…
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Indian telecommunications firm Tikona Digital gets US$171 million loan from US govt agency
Tikona Digital Network has received a US$171 million commercial loan from Overseas Private Investment Corporation on Tuesday. This latest proceeds will be used for market expansion.
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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…
