Search Results for:Mars Woo

ANZ considering IPO of asset finance unit after sale to HNA blocked

New Zealand regulators blocked China HNA’s NZ$660-million bid to acquire UDC Finance in December.

Malaysian food delivery startup dahmakan acquires Thai competitor Polpa

This will be the first of dahmakan’s three-city expansion plan in Southeast Asia in 2018, with Jakarta and Hong Kong slated for Q3 and Q4.

SoftBank Ventures leads $10m Series A in AI biopharma startup twoXAR

The latest fundraising follows a $4.3-million seed round twoXAR raised from investors, including Andreessen Horowitz, CLI Ventures and Stanford-StartX Fund.

HarbourVest raises $1.7b Europe, Asia, emerging markets-focused fund

The new fund also raised 13 per cent more than the prior fund, which closed in August 2015 with $1.5 billion.

Alibaba to invest another $2b in Lazada, replaces CEO

Alibaba has named Lucy Peng, one of its 18 founders and a senior partner, as Lazada’s new CEO.

Malaysian developer Eco World completes acquisition of 70% stake in 12 UK sites

The Malaysian firm said it has successfully acquired six sites with a provisional payment of £63.76 million ($88.8 million).

Hillhouse Capital’s latest Asia fund may beat KKR’s $9.3b record – Report

The fund has reportedly already received over $10 billion in commitments, nearly double the original $6.5-billion target.

Ayondo becomes first fintech firm to list on Singapore’s Catalist board

Ayondo operates a brokerage platform that lets users engage in social trading.

Baidu takes 11% in HK-listed Skyworth’s smart TV unit for $160m

Coocaa will be integrated with Baidu’s conversational AI system DuerOS.

Asia Digest: Tuan Sing unit exits Qingdao Shenyang; Baring, CITIC complete Wall Street English buy

Bauhinia Land, a unit of Singapore-based real estate group Tuan Sing Holdings, has sold its entire stake in Chinese property developer Qingdao Shenyang for $16 million while Baring and CITIC have completed their acquisition of Wall Street English. Singapore: Tuan Sing unit exits Chinese developer Qingdao Shenyang Singapore-listed real estate… Read more »