Private Equity

Lalamove’s orders increased 50% in 2020, despite a 93% year-on-year decrease in February.

The online purchase of fresh food is increasing rapidly in China.

A frenzy of SPAC mergers took place in 2020. In the coming year, blank check companies may give Southeast Asian tech companies a route to new investors.

The transformation of China’s freight industry through mobile internet is far from over, according to Lalamove founder Zhou Shengfu.

The fresh investment would value ByteDance at USD 180 billion.

The PE firm says its USD 88 million Myanmar-focused fund is the largest in the country.

Zhenkunhang has scored USD 315 million in its Series E round.

The company’s clients include National Development and Reform Commission, China’s economic planner and State-owned Assets Supervision and Administration Commission of the State Council.