Meituan deepened forays into newer arenas from online travel to ride-hailing.
Reasons why asset owners prefer to shift to private equities from public markets
Anil Ambani Group to exit asset management biz, sell shares to Nippon Life
Meituan’s losses narrow; fends off rival Alibaba in food, travel segments
Ride-hailing apps will alter car ownership pattern with new services
Starbucks said to license Thai retail business to Coffee Concepts
Honestbee seeks $14m bridge financing via convertible debt at double-digit interest rates
Temasek unit to raise $598m via private equity bonds
P2P lender Funding Societies said to seek $50m in fresh funding
India: Yes Bank eyes private equity funds to raise confidence capital
Vietnamese vacation rental startup Luxstay bags $4.5m from Korean investors
Huawei has been allowed to buy US goods until August 19 to maintain existing telecoms networks.
Helix, Mind Fund, True Global Ventures, Blocore, ThunderCore and Alexis Bonte also participated in the round.
The funding round brings KaiOS Technologies' total funds raised to $79 million.
The deal is expected to be completed on 19 July 2019.
IPOs & Markets
Home Credit plans to file with the HK stock exchange as early as next month and list in September or October.
California-based CNEX is developing technology to enhance the performance of solid-state drives in data centers.
General Atlantic and Qiming Venture Partners also joined the latest funding round.
Its investments in Southeast Asia so far include Singapore-based online tuition startup Tenopy and media firm Target Media Indonesia.
Policy & Regulations
Such a move would escalate tensions with China and raises questions about whether the U.S. is going after more of the country’s corporate champions.
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