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BOCOM International, a unit of Hong Kong-listed Bank of Communications, and venture capital firm Cyberport Macro Fund (CMF). Tongcheng Life, a Chinese online community group-buying platform backed by Bertelsmann Asia Investments, has filed for bankruptcy just three years after its inception in August 2018. The startup, which secured an investment of $200 million last June, failed to stay afloat in an increasingly competitive market fuelled by heavy subsidies. All the deals announced in the region are captured in our deal monitor. Fundraising by investors continues unabated Malaysian private equity firm Creador has made the first close of its fifth fund at $500 million, DealStreetAsia has learnt. The fund is on track to make its final close by the end of this year with a corpus of $680 million. ....
Hong Kong logistics platform GOGOX nets $100m co-led by BOCOM and CMF dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Place North West | JV assembles Victoria North infrastructure team placenorthwest.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from placenorthwest.co.uk Daily Mail and Mail on Sunday newspapers.
Place North West | The Subplot | Manchester meltdown, Middle East money, Goldman Sachs placenorthwest.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from placenorthwest.co.uk Daily Mail and Mail on Sunday newspapers.