Jul 19, 2013 | News, North America, Southeast Asia
AUSTIN, Texas–(BUSINESS WIRE)–HomeAway, Inc., the world’s leading online marketplace for vacation rentals, has signed an agreement to acquire majority control of travelmob™, an online start-up for vacation rental properties in Asia Pacific. The all-cash...
Jul 17, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News In a new illustration of the internationalization of Russia’s venture capital, SBT Venture Capital, the venture arm of the national savings bank Sberbank, has led a $12 million round to fund Sequent Software, a California-based provider of...
Jul 15, 2013 | China, East Asia, News, North America
PR Newswire 7 Days Group Holdings Limited, a leading economy hotel chain based in China, today announced the completion of the merger contemplated by the previously announced agreement and plan of merger between Keystone Lodging Company Limited, Keystone Lodging...
Jul 15, 2013 | Asia, East Asia, News, North America, South & Central Asia, Southeast Asia
Financial Times KKR has raised a record $6bn for its second big Asian buyout fund in a sign that investors are confident the New York private equity group can build on its successful record in the region. The size of the fund trumps competitors, including TPG, which...
Jul 15, 2013 | China, East Asia, News, North America
Nbd.com.cn Meidu announced to raise RMB2.46 billion through share placement. $135 million will be used to acquire Woodbine of US and start to enlarge the field capacity of Eagle Ford shale area (South Texas). RMB700 million will be used as the liquid assets. The...
Jul 12, 2013 | China, East Asia, News, North America
The Wall Street Journal Today, Microsoft is announcing the launch of Microsoft Ventures in China, a startup initiative that aligns the BizSpark program, the Accelerator program, and the Seed Fund. This announcement coincides with a number of milestones for the...