Mirae Asset step closer to full-fledged investment bank kedglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kedglobal.com Daily Mail and Mail on Sunday newspapers.
Indonesia s HappyFresh draws half of new funding from Korea
Naver-Mirae startup fund, LINE Ventures to make follow-on investments in the online grocery app By
(Courtesy of HappyFresh)
Indonesia s online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Naver Corp. and Mirae Asset Group and Naver s subsidiary LINE Ventures. The amount marked about half of the $65 million it is targeting in the latest funding round.
The Korean institutional investors is betting that the Jakarta-based startup would become the next Grab Holdings Inc., a Southeast ride-hailing app that is preparing for a Nasdaq listing later this year through a merger with a special purpose acquisition company.
DiDi crackdown to affect Mirae Asset-Naver s investment koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
LG Electronics, Mirae Asset forge partnership to invest in startups
Posted : 2021-04-30 17:07
Updated : 2021-04-30 17:10
LG Electronics Chief Strategy Officer Cho Ju-wan, left, Lee Man-hee, head of Mirae Asset Capital, pose for a photo after agreeing to invest in new businesses at the Four Seasons Hotel Seoul, Thursday. Courtesy of LG Electronics
By Baek Byung-yeul
LG Electronics and Mirae Asset Group said Friday they have agreed to create a fund to invest in promising startups both at home and abroad as part of their efforts to find new business opportunities.
The two companies held a signing ceremony in Seoul, Thursday, participated in by LG Electronics Chief Strategy Officer (CSO) Cho Ju-wan and Lee Man-hee, head of Mirae Asset Capital.
Temasek leads $200m funding in Chinese dental services provider Arrail Group
Photo: Bloomberg
April 13, 2021
Beijing-based dental services provider Arrail Group has completed its Series E round funding, raising a corpus of nearly $200 million led by Singapore state investor Temasek Holdings, per a company statement on Tuesday.
The latest funding saw participation from new investors OrbiMed Healthcare Fund Management, which manages about $13 billion in assets; Hong Kong-based asset management firm Ward Ferry Management (BVI) Limited; Korea’s Mirae Asset Group; and China’s Hina Group and Industrial Bank.
CEC Capital, which invested in Arrail in 2014, served as the exclusive advisor for the deal.