Monthly Archives: February, 2016

Chinese Tech One Percenters

February 23rd, 2016 Posted by Capital Markets, China Business Development, M&A No Comment yet

Ignore the headlines about China’s economic slowdown and stock market gyrations. In the innovation economy, Chinese entrepreneurs can go from zero to billionaire in six years. This new class of high network individuals are sophisticated, Western-education, and open to investing in opportunities outside of China to diversify their portfolios.

Read the Bloomberg article here.

Opera Catches $1.2B Bid from Chinese Syndicate

February 11th, 2016 Posted by Capital Markets, China Business Development, Digital Marketing, E-Commerce, M&A, Mobile Marketing No Comment yet

Norway-based Opera Software ASA, a software maker best known for their mobile browser, agreed to be acquired by a consortium of Chinese tech companies. 75% of Opera’s sales in Q4 consisted of mobile advertising third-party publishers. The all-cash offer is backed by:

  • Internet security provider Qihoo 360 Technology Co., which announced in 2015 its intention to delist from NYSE in a buyout led by its chairman
  • Chinese game maker Beijing Kunlun Tech Co.
  • Golden Brick Capital Management Ltd.
  • Yonglian Investment Co.

Read the New York Times article here.