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Exclusive: China's Lufax targets $2 billion in fresh funding amid IPO delay - sources

8 monthes ago   |   By Reuters

HONG KONG - China's Lufax aims to raise up to $2 billion in fresh funding, valuing one of the country's largest online wealth management platforms at $40 billion, as it opts for private investment ahead of a delayed listing, said people familiar with the deal.
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Exclusive: China's Lufax aims to raise up to $2 billion amid IPO delay: sources

8 monthes ago   |   By Reuters

HONG KONG - China's Lufax aims to raise up to $2 billion in fresh funding, valuing one of the country's largest online wealth management platforms at $40 billion, as it opts for private investment ahead of a delayed listing, said people familiar with the deal.
Read more ...

 

KDDI Open Innovation Fund 3 invests in IoT device management platform provider Resin.io Limited

8 monthes ago   |   By Cellular news

KDDI CORPORATION (Headquarters: Chiyoda-ku, Tokyo, President: makoto takahashi) announces its investment in IoT device management platform provider Resin.io Limited ("Resin.io", Headquarters: London, England) through KDDI Open Innovation Fund 3 , a fund that will invest in venture companies that hold promise for generating synergy with KDDI group companies in the coming 5G era.
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