The China-based private equity firm will reportedly work with the three corporates, including Cathay Financial Group, to invest in app design companies.
The CID Group, a China-based private equity firm, and three Taiwan-based corporates have reportedly teamed up to launch a NT$300m ($10.2m) App-Design fund.
The fund will invest in Taiwanese app-design companies, and one of the corporate backers is Cathay Financial Group, news provider Private Equity Asia Review said, which reported the fund.
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