Search Results for:Juliet Shwe Gaung
Xiaoju was recently spun off into an independent unit after securing $1 billion from parent Didi Chuxing.
This acquisition is seen to complement GIG’s expertise in wind, waste-from-energy and disruptive green energy technologies.
Blockchain platform developer Dexon Foundation has raised $20 million in a private placement led by China’s IDG Capital.
The investment is like a bridge round before the company approaches investors for its Series B over the next six to eight months.
The venture will have Indosurya holding 65% while IFC and other investors will own 20 per cent and 15 per cent respectively.
GSR will own an up to 18% stake in Overstock subsidiary tZero as part of the deal, leading to a post-money valuation of $1.5 billion for the latter.
Part of the proceeds will be used to expand Spoon Radio’s coverage across Southeast Asia and rest of Asia.
The investment marks the fourth transaction for BRCM from its debut $50-million fund established in late 2017.
The deal ascribes a pre-money valuation of more than $500 million to the outsourcer.
Beijing-based investment firm Huagai Capital also participated in this round.