Articles by Jane Li
Ant Financial backs Chinese working hours tracking app
Anxinji, a Chinese app used by many of the country’s blue-collar workers to keep track of their working hours, has closed a Series B funding round led by Alibaba Group affiliate Ant Financial.
Deal focus: GTJA targets China online pharmacy boom
Healthcare specialist GTJA Investment Group leads a $130 million Series B for Jianke in the expectation that the company will consolidate its leadership position in China's online pharmacy market
Chinese AI video platform receives Series C1 funding
Video++, a Chinese artificial intelligence-driven advertising solutions provider that claims to serve 65% of domestic video-streaming sites, has secured a Series C1 round of funding.
China's PingCap gets $50m Series C
PingCap, a Beijing-based start-up that provides database solutions for enterprise customers, has secured a $50 million Series C round led by Fosun Group and Morningside Venture Capital.
Deal focus: Miss Fresh showcases future of e-commerce
With $450 million in new funding, Chinese online grocer Miss Fresh plans to build out its supply chain operation and underline its credentials as a new-generation e-commerce player
China's Lianlian Payment raises $146m from Sequoia, Boyu
China’s Lianlian Digital, the parent company of payment services provider Lianlian Pay, has raised RMB1 billion ($146 million) from Sequoia Capital China and Boyu Capital in its latest funding round.
Deal focus: Oceanpine sees value amidst traffic
Shansong has received $60 million in an initial tranche of Series D funding as it seeks to outgrow the competition in China's courier services market
Tencent, Goldman join $450m round for China’s Miss Fresh
Miss Fresh, a Chinese e-commerce platform specializing in fresh produce, has raised a $450 million round co-led by Tencent Holdings, Goldman Sachs, Jeneration Capital, and US-based Davis Selected Advisers.
Baidu Video secures $100m Series B round
Baidu Video, a Chinese video search and content aggregation platform, has raised $100 million in Series B funding led by Baidu with participation from Jadex Capital, Houze Ruyi and Gfund Management.
Sequoia, CMC fund invests in China's iQiyi Sports
China Sports Capital – a joint venture between Sequoia Capital China and CMC Capital Partners – has invested RMB300 million ($43.8 million) in iQiyi Sports, an online sports media platform.
Hillhouse leads $55m round for Chinese online education start-up
Kaochong, a Chinese online learning services provider that targets university students, has secured a $55 million Series D funding round led by Hillhouse Capital, with participation from Tencent Holdings and Matrix Partners China.
Orchid leads $70m Series E for China's SoYoung
SoYoung, a Chinese online marketplace focusing on cosmetic surgery, has raised $70 million in Series E funding led by Orchid Asia. There was additional participation from Matrix Partners China, BOC International, and the Russia-China Investment Fund (RCIF).
Qiming, Hillhouse back China's Jacobio Pharma
Chinese drug maker Jacobio has secured a $55 million Series C funding round led by Qiming Venture Partners and Hillhouse Capital, with participation from Prudence Investment Management.