Search Results for:Mars Woo

Chinese AI-enabled mobile internet firm CooTek scales back US IPO target to $57m

CooTek’s major shareholders include Qiming Funds (18.2 per cent), Sequoia (17.9 per cent), and SIG China (14.2 per cent).


China Digest: Alibaba-backed WayRay snags $80m; Sequoia leads $22m Yunxi round

The funding round values WayRay at $500 million. It aims to become a unicorn by the end of 2019.


Russia’s YouDo.com secures $17m in PJSC MTS-led funding round

The latest funding round brings YouDo.com’s total funding amount to date to $26.5 million. It has raised five rounds since May 2013.


SGX leads $53m investment in NY-based electronic trading startup Trumid

The startup, backed by venture capitalist Peter Thiel and hedge fund pioneer George Soros, said it is further scaling up its US corporate bond business with the latest fundraising.


SGX-listed Indonesian coal miner Geo Energy eyes dual listing in HK

The Hong Kong listing will allow Geo Energy to tap a wider investor base and enhance its proximity to Mainland China and Hong Kong.


Asia PE-VC Summit 2018: SEA region offers scope for both buyouts, minority deals

Does size really matter? Yes, larger investments do allow PE firms to do more. However, smaller deals in hot sectors promise good exits.


Japan’s Chikyoren selects Alternative Investment Capital for local PE mandate

Alternative Investment Capital, a Japanese PE firm, focuses on energy, technology, and life science sectors.


Electronics maker Cal-Comp delays $125m Philippine IPO due to market conditions

Investor concerns about high inflation and worsening China-U.S. trade tensions have weighed on the Philippines’ broader stock index. It has fallen 15 percent this year, the worst performer in Southeast Asia.


Warburg Pincus invests $400m in Chinese logistics platform NewEase

The investment is said to give Warburg Pincus a 50 per cent stake in NewEase China, an investor and operator of hubs and platforms for urban logistics infrastructure.


Tech firm Rocket Software acquires Australian software startup Fundi

The acquisition also includes Fundi Software’s US-based affiliate, Circle Software. Established in 1982, Fundi operates as an IBM development partner, with customers across key verticals such as finance, aviation and mining, in addition to government, retail, and healthcare.