China private investment bank CEC Capital Group has acquired California-based boutique advisory firm Siemer & Associates which specialises in the media and technology space for an undisclosed amount.
By Lulu Yilun Chen
It’s not the e-commerce business that’ll command the most attention when Alibaba Group Holding Ltd posts earnings Wednesday. It’s the nascent cloud computing division that investors will scrutinize instead. China’s largest Internet company reports just a week before Katy Perry and other stars headline a launch party for the annual… Read more »
EquityZen Inc, a New York-based firm operating a trading platform for pre-initial public offering (IPO) startups is gearing up for an Asia expansion, pinpointing India and Singapore as priority markets.
Guo Guangchang, the Chinese billionaire and self-styled disciple of Warren Buffett, is looking to invest in emerging markets for the first time as his conglomerate backs off of its buying spree in developed nations. “There are fewer and fewer investment opportunities as the overall valuation becomes expensive, especially in Europe… Read more »
Companies based in China announced $97 billion in overseas deals in the first three months, as part of an unprecedented shopping spree that’s already close to topping the total amount spent in either of the last two years.
Louis Nguyen, a Vietnamese-origin American investor, used to be with two foreign venture capital funds operating in Vietnam, IDG Ventures and DFJ VinaCapital.
DEALSTREETASIA has talked to Louis to learn about Saigon Asset Management’s investment approach, investment banking in Vietnam, and also the tech space in the country.
The tech space in Vietnam has welcomed multiple good news besides recent fundraising rounds of startups. On the sideline of the ASEAN-US Summit, the country’s prime minister proposed to set up a Vietnam-based ASEAN-US supportive centre for innovation and tech startups. Meanwhile, a new local centre, also for tech R&D, has receive investment license and is expected to come into operation in 2017.
While the tax benefits are not as profound as is the case of Pfizer’s deal with Allergan, the news was enough to stir controversy among politicians in a U.S. presidential election year.
Oculus, the virtual reality company owned by Facebook Inc, said the Rift, its much-awaited virtual reality headset, was priced at $599. The Rift will initially be shipped from March 28 to 20 countries, including Australia, Canada, Japan, the UK and the United States, the company said in a blog post… Read more »
Ride-hailing company Uber has started leasing cars to drivers in India, borrowing a page from the play book of its larger rival Ola, as it seeks to expand market share. The leasing programme, aimed at attracting more drivers to its platform, is being tested in select cities such as Delhi,… Read more »