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HomeAway Expands Asia Pacific Presence with Acquisition of Asian Vacation Rental Start-up

HomeAway Expands Asia Pacific Presence with Acquisition of Asian Vacation Rental Start-up

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...
California’s Sequent raises $12 million from Russian and US funds for mobile wallet tech

California’s Sequent raises $12 million from Russian and US funds for mobile wallet tech

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...
7 Days Group Holdings Limited Announces Completion of Merger

7 Days Group Holdings Limited Announces Completion of Merger

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...
KKR raises record $6bn for second Asian buyout fund

KKR raises record $6bn for second Asian buyout fund

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...
Meidu will acquire Woodbine for $135 million

Meidu will acquire Woodbine for $135 million

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...
Microsoft Ventures Accelerator Beijing Demo Day

Microsoft Ventures Accelerator Beijing Demo Day

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...
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