Beisen, a Chinese supplier of HR evaluation and testing tools and services, has received $10 million in Series B funding from Matrix Partners and Sequoia Capital. It comes three years after the company’s first-round of financing, which saw Shenzhen Capital Group and Tianjin Venture Capital commit an undisclosed sum.
The new funding will be used for product development, with Beisen having introduced a cloud-based platform that offers integrated recruitment, evaluation and talent management services. According to CEO...
Chinese mobile internet company and photo app provider Meitu has filed for a Hong Kong IPO, offering potential exits to investors including IDG Capital Partners and Qiming Venture Partners.
US-based Platinum Private Equity has agreed to acquire two Chinese manufacturing units from Singapore’s Broadway Industrial Group for S$150 million ($111 million).
KKR will target between $6 billion and $7 billion for its third pan-regional fund, taking a relatively small step up from the previous vehicle, which closed at $6 billion in mid-2013.