Chinese private equity-backed online content platform Toutiao has acquired Faceu, a camera app that has received funding from IDG Capital and Lightspeed China Partners.
Ardian has opened an office in Tokyo - its third in Asia - with a view to capitalizing on growing demand for exposure to alternatives, including private equity, from Japanese institutional investors.
Orient Hontai Capital, a PE unit of China’s Orient Securities, has agreed to buy a 53.5% stake in Imagina Media Audiovisual, part of Spain-based Mediapro Group. The transaction values Imagina at EUR1.9 billion ($2.35 billion).
China’s Harbin Pharmaceutical Group, which is controlled by CITIC Capital, has agreed to acquire a 40% stake in GNC Holdings for $300 million, becoming the largest shareholder in the US-based nutritional supplements retailer.
Alibaba Group has joined a group of PE investors to acquire a 36% interest in Beijing Easyhome Furnishing, China’s second-largest home improvement supplies and furniture chain operator, in a deal worth RMB13 billion ($2 billion).
Club Factory, a China-based e-commerce platform that sells fashion products overseas, has raised $100 million in a Series C round of funding from existing investors IDG Capital Bertelsmann Asia Investment (BAI).
Farasis Energy, a rechargeable battery manufacturer with operations in China and the US, has raised RMB5 billion ($793 million) in Series C funding from the China State-owned Venture Capital Fund.
CLSA Capital Partners agrees to carve-out Marubeni's uniform business with a view to driving consolidation in an industry where Japanese corporate customers are already gravitating from ownership to rental
Chinese early-stage venture capital firm Sinovation Ventures is looking to raise $500 million for its fourth US dollar-denominated fund.
Sino-US healthcare specialist Vivo Capital has led a $55 million round of funding for Beijing Innocare, a biopharmaceutical company that develops treatments for cancer and autoimmune diseases.
Organica Water's plans to build botanical garden-style wastewater treatment plants in urban centers along the Silk Road make it well-suited to CITIC Capital's One Belt One Road (OBOR) agenda
Chinese online retailer JD.com has formed an M&A fund with Hong Kong-listed clothing producer and retailer Cosmo Lady. The target size is RMB1 billion ($159 million).
Growth-stage technology has become an attractive investment theme for international LPs and GPs, with both groups planning to increase allocations and devote more resources to the sector, according to a private markets survey conducted by Hamilton...
CITIC Private Equity has led a RMB343 million ($55 million) Series D round for China’s smart home technology solutions provider BroadLink. It is said to be the largest funding round for a domestic start-up in this market segment.
IDG Capital has invested RMB1 billion ($159 million) in Skio Matrix, a Chinese company that manufactures electric cars and batteries.
CDH Investments has led a $100 million Series D round of funding for Blued, a leading gay dating app in China, with participation from UG Capital.
Ping An Insurance Group has raised $2.2 billion in private equity funding for its three technology businesses: Ping An Good Doctor, Ping An Healthcare Management, and OneConnect Financial Technology.
Baidu Ventures, an independent VC firm set up by Chinese internet player Baidu, has achieved a first close of more than RMB2 billion ($318 million) on its second renminbi-denominated fund that focuses on artificial intelligence (AI).
Legend Star, the early-stage investment arm of China’s Legend Holdings, has closed its third VC fund at RMB800 million ($127 million).
Meliche Jinrong, the online auto finance subsidiary of Chinese consumer loans site Meili Jinrong, has raised a $92 million Series B round led by local agribusiness player New Hope Group.
Cooley has hired Xun Zeng as a resident partner in its newly opened Beijing office. Zeng joins from Ropes & Gray in Hong Kong, where she was a counsel in the private investment funds group.
Ping An Healthcare & Technology - the PE-backed business that runs the healthcare-focused mobile app known as Ping An Good Doctor in China - is seeking a separate listing in Hong Kong from its parent company Ping An Insurance.
The asset management units of Chinese insurance companies can no longer launch debt-like products masquerading as private equity, amid concerns about rising corporate and local government debt burdens
Xpeng Motors, a Chinese electric car manufacturer, has completed a RMB2.2 billion ($348 million) Series B round of funding led by Alibaba Group, Foxconn Technology Group, and IDG Capital.