TPG and Smile will co-invest through their joint venture, Katalyzers, which will work with Internet companies in the marketplace, classified listings, local commerce, digital media, e-commerce and mobile space. Katalyzers will help rollout their businesses across Asia and other emerging markets.
After identifying opportunities, the joint venture will co-invest through Katalyzers in customers’ emerging market operations, pick some sweat equity and offer all support needed to create a fresh revenue stream. Over past few years, Smile has done similar alliances with AirBnB, Yahoo!, under the same model.
« We will bring together on one common platform local Asian knowledge, experience of building businesses, in-house talent of entrepreneurs, media and technology professionals, partnerships with marketing and performance media…
View original post 91 mots de plus