Chinese VC firms are expected to offer value-added services as a way of differentiating themselves from the competition. Are formalized concierge services for founders and their families a step too far?
In five funding rounds across four years featuring 13 different VC and strategic investors, online peer-to-peer (P2P) car rental platform Atzuche has experienced the full range of venture value-add. However,...
Yi Capital, a Beijing-based VC firm founded by two former partners at CDH Investments, has closed its debut renminbi-denominated fund at RMB800 million ($116 million).
Ofo, a Chinese bike-sharing company that completed its $450 million Series D round of funding less than two months ago, has received a strategic investment of undisclosed size from Ant Financial, Alibaba Group’s financial services affiliate.
A consortium led by IMM Investment has agreed to pay KRW188.2 billion ($166 million) for a 25.54% stake in Korean cosmetics manufacturer Able C&C and launched a tender offer to secure control of the business.
DeClout, a holding company focused on developing IT and cloud computing technology providers, has launched a start-up incubator via its venture capital arm in Singapore.