The Q3 2015 report, titled ‘Internet DealBook’, noted that the average Asia Pacific deal value, which takes into consideration investments and acquisitions, is the highest in the world at US$85.1 million.
In the Asia Pacific, the average deal value for investments alone stands at US$87.1 million, which is a huge jump from US$23.3 million a year ago.
The report, which will be made available to the public tomorrow, tracked 925 deals from public sources, all of which happened in Q3 2015.
The average deal value has gone up in the Asia Pacific, North America, Middle East and Europe. However, it has decreased in South America and the rest of the world.
Additionally, the number of deals has dropped in all sectors except Media and Transactions, which has seen an increase of 19.1 per cent and 10.4 per cent respectively.
Within Asia Pacific, the two biggest players in later stage capital raising are China and India. According to Benjamin Chong, Partner, Right Click Capital, the top five deals in the region last quarter were Didi Kuaidi (China) raising US$2 billion, and then another US$1 billion; Flipkart (India) raising US$700 million; Ele.me (China) raising US$630 million; and Meizu (China) raising US$590 million.
“In India and China, e-commerce and transactions businesses continue to raise larger amounts of capital to consolidate these significant markets,” he added.
As for cross-border investments, Chong told e27, “While we’ve continued to see cross-border transactions in Q3, we’ve also seen regional behemoths like Alibaba, Snapdeal, JD.com and Tencent increase their involvement in these later stage capital raises.”