SoftBank CEO Son’s stake rises to 29% after treasury share retirement
SoftBank completed a record $23 billion share buyback programme this month.
Japan’s CyberAgent Capital closes Startups Internet Fund at $55.5m
The firm, present in eight countries mainly in Asia, invests in internet companies.
China’s Tencent Q1 profit rises 65% while online game revenues climb
Tencent said its revenue from online games grew by 17%.
India: Consulting firm ANSR raises $15m to expand to newer geographies
In 2015, ANSR had raised Series A from Accel Partners.
India: Motilal Oswal Real Estate hits first close of new fund at $86.6m
The new fund has been raised from high net-worth individuals and family offices.
Singapore Airlines reduces cash burn to as little as $75m a month
The funds will help ride out the coronavirus crisis given an uncertain recovery profile.
Japan’s Daiwa aims to be top-tier bank for mid-cap M&A advisory, says CEO
Daiwa currently ranks around tenth in M&A advisory for mid-cap deals worth $458-916 million.
MSD Partners, China’s Panacea raise $200m SPAC to target biotech, life sciences sectors
Panacea has become the latest investment firm in China to join the rising SPAC fad.