Chinese apartment rental platform Danke Gongyu to buy rival iShangzu for $200m
By Chalida Ekvitthayavechnukul
Posted
This acquisition comes after Danke Gongyu completed its $70-million Series B+ round in June last year.
Reliance to roll out online shopping platform, to take on Amazon, Flipkart
By Saritha RaiReliance intends to take on the world’s largest retailers by combining his Jio service, mobile devices and a vast physical retail network.
Paytm-backed LogiNext in talks to acquire US-based FieldEZ Technologies
By Aastha MaheshwariIn 2016, LogiNext had acquired YourGuy, a cross-category last mile delivery company in Mumbai
Li Ka-shing’s Husky Energy ends hostile MEG bid after lack of investor support
By Scott DeveauDespite winning enough support to extend the deadline for its tender offer by 10 days, Husky decided not to go ahead with the bid.
Vietnam: SEAF Women Fund backs Organica; NMDC to close Masan mine due diligence
By Nguyen Thi Bich NgocSEAF Women’s Opportunity Fund, a growth fund by US-based Small Enterprise Assistance Funds, has invested in Vietnamese retailer of organic food Organica.
Asia-focused infra investor Equis on road to raise $2b fund
By Aastha MaheshwariSince 2011, Equis has raised over $2.7 billion in private equity, and has completed 10 investments in the Asia-pacific region.
India: Promoter Naresh Goyal refuses to cede control of Jet Airways
By Rhik KunduJet Airways promoter Naresh Goyal has made a financial offer to SBI to retain control of the airline, even as Etihad Airways sought to oust him in exchange for much needed funds.
Hero Future in talks to buy Fotowatio’s solar project in India
By Utpal BhaskarIndia’s renewable energy space has also seen consolidation in the backdrop of considerable overseas interest.
China’s Hony Capital-backed Playtika acquires Austrian card games firm Supertreat
By Quynh NguyenPlaytika continues to diversify into casual games with its acquisition of leading “Solitaire with a Twist” game developer.
India Dealbook: Komparify acquires iReff; Techstars backs CometChat
By Pramugdha MamgainWith the acquisition, Komparify aims to expand its presence in prepaid plans application space and broaden its mobile app capabilities.
