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2024-12-18 12:12:41

Deals in brief: Alibaba to divest Intime, Tyme Group achieves unicorn status with Nubank-led Series D round, EQT finalizes PropertyGuru acquisition, and more
Bringing you the latest updates on funding deals and activities in the Asia Pacific. Alibaba to divest Intime as part of business restructuring Chinese e-commerce giant Alibaba Group has announced the sale of its department store unit, Intime Retail, to a consortium co-led by Youngor Fashion and Intime’s management team for RMB 7.4 billion (USD 1 billion), according to Reuters. The...

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2024-12-15 06:11:00

Deals in brief: Fleet Space raises Series D funding to expand platform reach, Citigroup backs Astra Tech with USD 500 million, latest China deals, and more
Bringing you the latest updates on funding deals and activities in the Asia Pacific. Fleet Space raises AUD 150 million to expand ExoSphere’s reach Fleet Space Technologies, an Adelaide-based space exploration company, has raised AUD 150 million (USD 96.2 million) in a Series D funding round led by Teachers’ Venture Growth (TVG). The round included returning investors such as...

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