China’s vegetable selling app Meicai said to raise $450m from Tiger Global, others at $2.8b valuation
By Lulu Yilun Chen
The funding underscores the lofty valuations Chinese companies are fetching in a market awash with capital.
Quan Ut Ut and BiaCraft restaurant chains have been present in Vietnam since 2014 with 4 branches in HCMC.
Subsequent to the acquisition, EPS will be managing more than 11,000 ATMs in India on behalf of banks.
Phoenix Petroleum will put up FamilyMart stores in central business districts, targeting BPO employees.
Rocket is invested in more than 100 startups, with its stakes in the five biggest of them potentially worth over 1 billion euros.
The funds raised will retire the debt of US private equity giant KKR’s lending arm and UBI and provide much needed infusion to address the working capital needs.
EFA will develop the SME trade financing platform to service more geographies in Asia in 2018.
The new DEPA fund will support the business expansion of startups and small and medium-sized enterprises in the country.
The proposed acquisition would give BM Mobility the Malaysian dealership rights for the car sharing business.
Itochu intends to diversify into Asia’s growing healthcare market by taking a strategic stake in OUELH, which operates nursing care facilities.