China-based Everbright-IDG Industrial Fund has forayed into the third party-payment market, investing up to $295 million (RMB2 billion) in China UnionPay Merchant Services Co Ltd (China UMS).
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com