Having helped establish LinkedIn in China, Derek Shen left the company last year to join Danke Apartment, a local start-up pursuing what he sees as a huge unrealized opportunity in the long-term property rental market
Q: How big an adjustment was it going from LinkedIn, a listed global technology company, to a Chinese start-up? A: It was not a big transition. There have been two major changes for me in the past: when...
Investors appear to be discounting Asia risk in the face of rising political concerns, ranging from North Korea to Myanmar
Chinese electric vehicle maker CHJ Automotive has completed a RMB3 billion ($474 million) Series B round led by Matrix Partners China and Shougang Fund, an investment firm backed by state-owned steel producer Shougang Corporation.
Naspers has sold a small portion of its stake in Tencent Holdings – the Chinese internet giant in which it acquired an approximately one-third stake for $32 million 16 years ago – for HK$76.9 billion ($9.8 billion).
Shunwei Capital has led a $25 million Series B round for ScaleFlux, a hardware firm based in the US and China.