Ele.me secured a $1.25 billion investment from Alibaba and its finance business unit Ant Financial. China’s O2O business market are now booming as most Chinese consumers are using smartphones to do their daily activities.
Tags: Fund
Softbank, Saudi Arabia Ties Up To Come Up With Huge Investment Fund
Softbank will give its Investment and will tie up with Saudi Arabia with a multibillion investment. Japanese internet an telecommunications giant Softbank Group Corp.
Swiss Attorney General Maximizes Malaysian 1MDB Probe Fund
Swiss government is currently undergoing investigations to probe fund of the 1MDB The Switzerland's top prosecutor said that $4 billion may have been misappropriated from state-owned companies in Malaysia.
Norway Withdraws More On Oil Fund; Lowers Price
For the first time need to withdraw cash sovereign wealth fund as western Europe's bigget oil exporter.
$50M Fund Plus New Brand Awaits Metamorphic Ventures
Compound-the newly named firm which stage a $50M is under the umbrella of Metamorphic Ventures. The fund is allocated for the startups of the different areas like adtech, healthcare and etc.
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SunEdison is facing another lawsuit, this time from its subsidiary TerraForm. TerraForm accused its parent company for misallocating cash for its projects in India to SunEdison’s own balance sheet.
500 Startups is seeing a great potential in Vietnam, where more than half of its population are below the age of 30 and most adults are using smartphones. The Silicon Valley-based accelerator is preparing a $10 million investment fund dedicated for Vietnam startups.
Baltimore private equity firm Ecosystem Investment Partners (EIP) announced on Tuesday that they closed its third fund at $303 million, overriding its target of $200 million. With such amount of equity capital commitments, Monument Group Inc. is to serve again as exclusive placement agent.
One of China’s biggest venture capital firm, Qiming, secured its fifth US dollar venture capital fund in total of $648 million. The fund will help expand the firm’s investments in Chinese top startups in various sectors such as internet, consumer, technology, healthcare, as well as cleantech.
The Queen's University Capital Club focuses on fueling the Canadian students entrepreneurial ecosystem. This year, they determined to foster more student startups with this competition where selected applicants can meet venture capitalists and accelerators that could help them develop their startups. All Canadian students are welcome to apply via the club's website.
An International Monetary Fund mission will visit Kiev from Dec. 9 to 18 for talks with the new government regarding a $17 billion bailout program, the IMF's Ukraine representative Jerome Vacher said on Saturday.
U.S. fund managers are finding a lot to like about finger-painting and naptime. Fund ownership of Bright Horizons Family Solutions Inc, the only publicly traded daycare company in the United States, swelled 21 percent in the most recently reported quarter according to fund tracker Morningstar.
Center Coast MLP & Infrastructure Fund (NYSE: CEN) (the "Fund") declared today a regular monthly distribution of $0.1042 per common share. The monthly distribution amount represents a 6.25% annualized distribution rate relative to the Fund's initial public offering price of $20.00 per share.
Dubai would be host to Eman Mansour's latest investment banking endeavor. Veteran Gulf Arab banker Emad Mansour had laid out plans to establish a new investment bank located in the tax free financial zone of Dubai.
