General Atlantic has recruited Eric Zhang, formerly of The Carlyle Group, as managing director and head of China. He will lead the firm’s investments in growth Chinese companies.
Tang Media Partners, a Sino-US media investment firm, has acquired a majority stake in Hollywood film and TV studio IM Global from India’s Reliance Group.
Beijing Qingsongchou Network Technology, a Chinese online crowdfunding operator, has raised a $20 million Series B+ round of funding from Tencent Holdings, IDG Capital Partners, DT Capital and Tongdaoo Capital.
Singapore’s GIC Private and Temasek Holdings have bought a combined $1 billion of Chinese e-commerce giant Alibaba Group’s shares, as part of an $8.9 billion share sale by Japan’s SoftBank Group.
Fosun Kinzon Capital, the VC arm of Chinese conglomerate Fosun International, has led a $20 million Series A round for uSens, a US-based developer of virtual reality (VR) and augmented reality (AR) tools.
China holds many potential buyout deals, but the challenge for GPs is making sure they can complete their goals for the companies
Vision Knight Capital has led a Series C+ round for Chinese gay-oriented social network and community app Blued.
A sport industry-focused fund launched by FountainVest Partners and its portfolio company Focus Media has led a $50 million Series C round for Codoon, a Chinese wearable electronic devices manufacturer.
China’s securities regulator said it would resume its approval of qualified private equity firms listing on the National Equities Exchange and Quotations (NEEQ), while imposing tighter listing requirements.
Tencent Holdings has committed $40 million for a minority stake in VC-backed Yuanfudao - the largest single investment made by the internet company in the K-12 online learning and teaching space.
China-focused Chengwei Capital has led a Series A round of funding worth about RMB100 million ($15 million) for Huishoubao, a Chinese electronic devices recycling platform.
China GPs must respond to the country’s economic slowdown by paying closer attention to picking sectors that can outperform – and in which they can help drive that performance – industry participants told the Hong Kong Venture Capital & Private...
Alibaba Group and its financial affiliate Ant Financial plan to invest a further $400 million in Didi Chuxing. This comes as the Chinese ride-hailing app operator is raising a new round of fund said to be as large as $2.5 billion.
Healthcare-focused GP Lily Asia Ventures and SBCVC have participated in a RMB100 million ($15 million) Series A round for 360 Haoyao, an online drug seller established by Chinese software company Qihoo360 Technology.
While other VC firms have seen significant jumps in fund size as they target the growth space, WI Harper's latest Asia-US vehicle will remain focused on early-stage deals with a cross-border angle
Bruno Bézard, previously the head of France's Treasury Department, will join Cathay Capital and help the Sino-French PE firm launch a new fund.
Minority shareholders of Chinese auto services company Autohome have filed a petition against a recent move by Telstra to sell the majority of its controlling stake to Ping An Insurance Group for $1.6 billion.
VC-backed companies in Asia led a worldwide surge of investments in financial technology companies in the first quarter of 2016, according to a new report from KPMG and CB Insights (CBI).
Healthcare specialist Vivo Capital has closed its latest Sino-US venture capital fund with around $100 million in commitments. The vehicle will focus on early-stage investments.
Two Chinese companies – Everbright Securities and entertainment specialist Beijing Baofeng Technology – have acquired a 65% stake in Italy-based sports media rights firm MP & Silva (MPS).
China Zhejiang Yinlun Machinery, a Shenzhen-listed manufacturer of heat exchangers, has acquired US-based counterpart Thermal Dynamics International (TDL) for $56.65 million, facilitating a full exit to US private equity backer Evergreen Pacific Partners.
Benlai.com, a Chinese B2C-focused online grocery supplier, has raised an extended Series C round of funding worth $17 million.
China’s largest express delivery services provider SF Express, which is backed by several PE investors, is looking to list in Shenzhen through a reverse merger that values the business at RMB43.3 billion ($6.6 billion).