Search Results for:Juliet Shwe Gaung

Myanmar Digest: GMBX to invest $5m in 2nd data centre; Maybank extends $900K debt to Hayman

GMBX’s new data center would either be in Mandalay or Nay Pyi Taw. Hayman Capital has raised a second tranche of $900,000 debt investment from Maybank.

Myanmar Digest: Taiwan’s Century Iron, Japan’s Oji Holdings up manufacturing investments in Thilawa

Century Iron & Steel will be putting in an additional $8 million for manufacturing in the Thilawa SEZ.

Daiwa PI Partners seeks to invest up to $50m in Myanmar within two years

Daiwa PI’s maiden investment in Myanmar was into internet service provider startup, Frontiir, in which it injected $6.26 million in July this year for a significant minority stake.

China Digest: Tiger Management leads $120m round in Yunmanman; AI startup CloudWalk raises $75m Series B

Jiangsu-based freight transportation and logistics firm Yunmanman has raised a $120-million Series D3 round led by Tiger Management Corp.

SHC Capital Asia proposes to buy MM Myanmar for $51m

The proposed purchase has led SHC Capital to list over 264 million consideration shares at an issue price of S$0.263.

Myanmar’s Oway looks to emulate Go-Jek as it expands to three-wheel taxis

Its cap table includes Northstar Group, an early investor in Go-Jek.

China Digest: SDIC joins Zensun Shanghai round; Vertex Ventures backs Neiwai

Chinese state-owned investment firm backed SDIC Venture has participated in the $76-million financing round in biotech pharma company Zensun Shanghai while lingerie brand Neiwai has fetched $10.5 million Series B from investors including Vertex Ventures. SDIC takes part in $76m financing in biotech firm SDIC Venture Capital Management, a subsidiary… Read more »

China’s news aggregator Yidian to get $112m from state fund, others at $1b valuation

Yidian Zixun, operated by Particle Inc, is a news aggregator, providing content based on the reader’s interest.

China Digest: Online car retailer Huashenghaoche raises $150m; Shenzhen Capital backs cable maker

Other Huashenghaoche backers include Dongfeng Motor Group, and FreesFund.

China Digest: Malong raises $33m Series B from SBCVC; gets $31m

Malong’s AI platform enables machines to have a human-like visual perception of products including non-rigid objects like fabric.