OTMS, a China-based logistics software developer, has raised a $25 million Series B round led by Weixing Chen, founder of local ride-hailing app operator Kuaidi Dache.
Foxconn Technology Group has invested $119.9 million in China-based ride-hailing platform Didi Chuxing at a valuation of $33.7 billion.
Equity International (EI), a Chicago-based investment firm focused on real estate and infrastructure platforms in emerging markets, has closed its first Asia-focused fund, aimed at supporting Chinese warehouse firm e-Shang Redwood (ESR).
Jianlin Wang, chairman of Dalian Wanda Group, has set his sights on buying one of Hollywood's six major studios. The rationale is sound but a strategy of incremental acquisitions might work better
In acquiring a controlling stake in Shanghai Film Art Academy, the IDG-Everbright M&A Investment Fund is looking to support the next generation of Chinese filmmakers
Best Logistics Technologies, a China-based logistics and supply chain management business part-owned by Alibaba Group, has completed a $760 million round led by Everbright Financial Holding Asset Management and CITIC Private Equity.
ING Bank has extended a $25 million credit facility to Hong Kong’s WeLab, a private equity-backed mobile lending and credit analytics platform.
Ocean Link is China’s first private equity firm dedicated to investing in the travel and tourism industry. Can it successfully leverage an increasingly wealthy, free-spending and far-traveling domestic user base?
Huimin, a Chinese B2B e-commerce platform that focuses on small-scale supermarkets, has raised a RMB1.3 billion ($195 million) Series B round from a group of renminbi fund managers including Fortune Capital.
Shanghai Joyu Culture Communication, which operates Chinese VC-backed tourism booking site Lvmama.com, has raised RMB1 billion ($150 million) through a private placement on the National Equities Exchange and Quotations (NEEQ), also known as the New Third...
Renrenche, a Chinese peer-to-peer second-hand car trading platform, has raised $150 million in the initial tranche of its ongoing Series D round of funding.
Primavera Capital and Ant Financial Service Group have agreed to invest a combined $460 million in Yum China, a spin-out from US-listed Yum Brands which owns fast-food giants KFC, Pizza Hut and Taco Bell.
China Everbright (CEL) and IDG Capital Partners have acquired a controlling stake in the Shanghai Film Art Academy for an undisclosed sum.
Foreign venture capital investors will receive equal treatment to their domestic counterparts as part of efforts to boost funding for start-ups, according to the Chinese government.
Berry Genomics, a Chinese genetic test developer backed by Qiming Venture Partners and Legend Capital, is looking to list in Shenzhen through a reverse merger.
Yitu8.net, an overseas car rental platform for Chinese outbound travelers, has raised a RMB150 million ($22 million) Series B round led by Sanhua Holdings, a Chinese refrigeration and air-conditioning components manufacturer.
China Everbright and its portfolio company Focus Media, a Chinese outdoor advertising business, have launched a RMB5 billion ($750 million) investment fund that will invest in the technology, media and telecom (TMT) sector.
UOB Venture Management (UOBVM), a subsidiary of Singapore’s United Overseas Bank, has led a RMB200 million ($30 million) Series C round for HunterOn, a Chinese online recruitment services provider.
A unit of China Zhongwang has agreed to buy US aluminum company Aleris Corporation in a deal worth $2.3 billion, facilitating an exit for majority owner Oaktree Capital Management.
Beijing Allcure Medical Technology, a Chinese medical start-up that develops cloud-based radiotherapy technology, has raised an extended Series A round of funding worth RMB180 million ($27 million).
David Liu, co-head of Asia private equity and head of China at KKR, and Julian Wolhardt, the regional leader of China, will leave the firm at the end of this year to raise a China-focused fund.
Ocean Link, which claims to be the first PE firm dedicated to investing in China’s travel and tourism sector, has received backing from General Atlantic and domestic online travel agency Ctrip.
Testin, a China-based mobile app testing service provider, has completed a $30 million round of funding led by an undisclosed US dollar-denominated venture fund.
China-based CDH Investments has closed its latest renminbi-denominated mezzanine fund at RMB3.5 billion ($525 million), exceeding a target of RMB2 billion.