American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.
Tags: China
US-based gameplay-recording startup Kamcord raises $7.1M to conquer Asia
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
US web performance monitoring firm Catchpoint to foray into China and Russia
New York, US-based web performance monitoring firm Catchpoint Systems will be foraying into China and Russia, based on the pathway provided by their clients, indicating that Asia Pacific and Russia are the emerging markets in the industry.
US President Barack Obama on his last leg of East Asian tour, visits The Philippines
US President Barack Obama is on his last leg of his Asian tour in countries including Japan, South Korea, Malaysia and on his last stop to the Philippines where the issue involving Beijing has become in the center point of the agenda.
Bitcoin price drops after China imposes new restrictions
BTC China has halted deposits of local currency from the China Merchants Bank, causing the value of Bitcoin to fall from $500 to below $440, a 10% difference from its value in the past few days.
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Beijing, China-based travel and expense management services provider Baoku pocketed $10 million in its Series A funding round led by China Broadband Capital (CBC) and Asiainfo-Linkage to help people reduce their travel costs by 20% to 50%.
The territorial dispute between China and Japan has caused the latter to pull out its investments from the country and redirecting its focus to other South East Asian countries where it has already funded companies with USD22.8 billion last year.
Santa Clara, US-based semiconductor chip maker Intel Corp shelled out $100 million to establish an innovation center in China to accelerate the innovation of smart equipment in the Asian country.
Mountain View, US-based business-oriented social networking service LinkedIn already reached the 300-million mark in registered users worldwide, with half of that number coming from countries outside of its home country.
Chinese microblogging site Weibo has cut its offered IPO size after a shaky start taking in only USD286 million from 16.8 million depository shares sold which was far from the expectations on Wall Street.
The initial public offering of microblogging platform Weibo has only sold 16.8 million shares instead of its expected 20 million share sale, reported TechCrunch.
Kowloon, Hong Kong-based investment firm China Haidian Holdings Ltd acquired London, UK-based Swiss watch retailer The Dreyfuss Group in an all-share deal that will see the Dreyfuss brands expand into Asia.
Shanghai, China-based bitcoin exchange BTC China released a new web app called the Picasso ATM to help Bitcoin users exchange the virtual currency even without a physical ATM.
Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
