ASEAN Countries

PersonalFinance

China’s Centurium Capital raises over $2 billion from GIC, Temasek, others

HONG KONG (Reuters) – China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second-largest economy. FILE PHOTO: CEO of Luckin Coffee Jenny Qian Zhiya (3rd R), non-executive chairman […]

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PersonalFinance

Chinese private equity firm Centurium raises over $2 billion in debut fund

FILE PHOTO: CEO of Luckin Coffee Jenny Qian Zhiya (3rd R), non-executive chairman of Luckin Coffee Charles Zhengyao Lu, and David Li, co-founder and CEO of Luckin’s backer Centurium Capital celebrate the first trade of the company’s stock during the IPO at the Nasdaq Market site in New York, U.S., May 17, 2019. REUTERS/Brendan McDermid/File […]

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artsNews

Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries

SINGAPORE/MANILA (Reuters) – Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. A Huawei company logo is seen at Huawei’s Shanghai Research Center in Shanghai, China May 22, 2019. […]

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