China’s pet products and services industry is benefiting from closer relations between man and beast, but not every market segment will turn out a winner for private equity investors
China-based electric vehicle (EV) maker Bordrin Motor has raised RMB2.5 billion ($362 million) in a new funding round that featured Yin An Capital, the investment arm of Sinochem International.
Chinese financial technology start-up Wiseco Technology, which provides big data-powered risk control and debt collection services, has raised RMB650 million ($94 million) in a Series A round led by Huading Capital and Sino Ocean Group.
CMB International Capital has led a RMB100 million ($14 million) Series A round of funding for Robosen, a Chinese smart robot manufacturer. Yu Hu, co-CEO of local voice recognition software developer iFlytek also took part.
China’s state-owned Yangtze River Industry Fund and China Information Technologies Group have jointly launched a RMB5 billion ($723 million) fund with a focus on 5G technology.
China-based pet products producer Crazy Dog has raised RMB300 million ($43 million) in a Series B round of funding led by Guangdian Capital and Fosun International.
China’s start-up ecosystem is conforming to global norms by championing demanding work schedules, but companies must still consider ways to keep their employees suitably motivated
China Reform Holdings has supported the launch of a national guidance fund with a target of RMB60 billion ($8.7 billion) that will focus on state-owned enterprise (SOE) restructuring.
China-based New Horizon Health, which produces home cancer test kits, has raised $66 million in a Series C round of funding led by VMS Group, a Hong Kong-based investment firm.
China-based Wangdiantong, a software-as-a-service (SaaS) platform provider for retailers, has raised over RMB100 million ($14.5 million) from a fund backed by TPG Capital and SoftBank Ventures Asia.
Meten International Education Group, a Chinese online-to-offline (O2O) English language training provider that mainly caters to adult students, has filed for a US IPO. DG Capital is the primary PE investor in the company.
Shanghai-based drug developer Allist Pharmaceuticals has raised RMB1.2 billion ($171 million) in a Series A round of funding led by Shiyu Capital. Other participants include Loyal Valley Capital and Suzhou Industrial Park Bioventure Investment.
CITIC Capital has secured a carve-out of marketing and e-commerce services player UCO Cosmetics. It exploits an overall slowdown in China’s economy but also relative sturdiness in the local beauty industry
Chinese travel platform Mafengwo has raised $250 million in a round of funding led by Tencent Holdings.
Capital has poured into China’s online education sector in recent years, but with losses mounting and valuations called into question, investors are finding that not all business models are created equal
China-based Zuodashi, which provides digital solutions and food accompaniments to restaurant delivery businesses, has raised RMB100 million ($14 million) in Series A round led by Hua Gai Capital.
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.
China’s second largest coffee chain Luckin Coffee, which counts Centurium Capital and Joy Capital among its private equity investors, surged around 20% on its US debut following a $561 million IPO.
Qiming Venture Partners has led a Series B round of nearly RMB100 million ($14 million) for Shanghai-based private hospital chain operator SinoUnited Health.
China-based Little Bear Rental, which provides IT equipment services to corporates, has raised hundreds of millions of renminbi (over $14 million) in a Series B round of funding led by the Small & Medium-Sized Enterprises Development Fund - a government...
Kr Space, a China-based co-working space operator, has received RMB1 billion ($145 million) in a new round led by existing investor IDG Capital and new backers Gopher Asset Management and Yixing Capital.
Hong Kong-based OneDegree, an insurance technology start-up, has raised over $30 million for its Series A led by financial technology-focused investment firm BitRock Capital.
A group including CITIC Private Equity, CICC Capital and Baring Private Equity Asia has agreed to invest $1 billion in the healthcare unit of Chinese e-commerce giant JD.com, acquiring a combined stake of 14.5%.
CDIB Capital is backing VHQ China to leverage the growing demand for visual effects in China's domestic movie and TV production industry