private placement

Meet Airwallex: APAC's new fintech unicorn

Airwallex has raised $100 million via a Series C funding round led by DST Global, valuing it at over $1 billion. The start-up this year also expects to process $10 billion-plus in payments.
March 25, 2019

GIC, Mizuho give Vietcombank $265m capital boost

The funds raised via a private placement bolster Vietcombank’s capital ahead of Vietnam's application of Basel II in 2020. However, the state could continue to demand big dividends.
January 09, 2019

Mapletree raises $275m to buy HNA logistics assets

Singapore group raises equity to buy five warehouses from a unit of embattled Chinese conglomerate. It joins a number of Singaporean Reits and trusts in buying assets before further US rate hikes.
September 20, 2018

Jack Ma’s Ant Financial raises the bar for an IPO

Its $14 billion fundraiser lifts expectations for the valuation of its hotly anticipated IPO. Private investors’ ability to pile into China’s fintech champion squeezes room for public investors to participate during the listing.
June 08, 2018

Hony, Foxconn, Temasek back PCCW’s OTT push

PCCW’s media unit secures IT help and mainland China connections in battle with cable cutters and pirates. Richard Li's company must also beat Netflix and Amazon to local language content.
August 10, 2017

China nurtures its first online learning unicorn

Yuanfudao has closed a $120 million round of financing led by Warburg Pincus and joined by Tencent. The deal values it at over $1 billion, making it China’s first unicorn online tutor.
May 31, 2017