Tencent and CyberAgent both recorded hefty exits as online messaging service Kakao joined forces with internet portal Daum in a reverse merger.
Month: October 2014
Zalando goes public in $664m IPO
The online fashion retailer, backed by Anders Holch Povlsen, Holtzbrinck and Tengelmann, floated near the top of its range and could raise up to $765m before the IPO closes.
Tokyo Otaku Mode secures cool new funding
Japanese pop culture website Tokyo Otaku Mode, which is backed by YJ Capital, has raised $13.7m in funding in a three-year deal from Cool Japan Fund.
Takeda forms $25m partnership with BioMotiv
Phamaceutical company Takeda has invested $25m and entered into a strategic partnership with biotech company BioMotiv.
Rogers reaches for FiveStars in $26m series B
Business loyalty scheme FiveStars, which connects merchants with their customers, has secured $26m in series B funding to meet growing demand for the platform.
Short-form video app MiaoPai secures $50m
Short-video app MiaoPai has raised $50m in a Sina-backed series C round, bringing the total raised by the company to more than $75m.
Fundrise soars to $38m series A
Real estate crowdfunding platform Fundrise has added more capital to its Renren-backed series A round, which now stands at $38m.