Japanese messaging app leader LINE scores biggest tech IPO of 2016 with valuation of $6.6 billion after $1 billion IPO. But LINE faces hurdles ahead as recent growth has slowed.
Sequoia Capital China led a $70 million, Series C investment in Yungtongxun, a cloud communication service in Beijing for corporations.
Shanghai-based video lifestyle series producer Yitiao, which has recently pivoted to include e-commerce, has raised a $15 million Series B investment from private equity firm China Media Capital,
Institutional investment firm Farallon Capital Management, geared for private market transactions in Singapore, Tokyo and Sao Paulo, raised $1.12 billion for two funds.