Articles by Winnie Liu
China parenting site Beibei raises further $100m
Beibei, a Chinese maternal and infant products e-commerce platform, has raised $100 million in a new round of funding led by existing investors Northern Light Venture Capital (NLVC) and New Horizon Capital.
China's Fenqile receives $235m in Series D funding
Fenqile, a Chinese installment payment platform, has received $235 million from investors including Huasheng Capital, CoBuilder Partners and an unnamed Chinese insurance company.
China delivery service provider UC Express raises $46m
Chinese delivery service provider UC Express has raised about RMB300 million ($46 million) in a Series A round of funding from Eastern Bell Venture Capital and Kerry Logistics.
Chinese consortium in $2.75b deal for NXP Semiconductors unit
NXP Semiconductors, a Dutch chip maker listed in the US, has agreed to sell its standard products business to Chinese state-owned private equity firm Jianguang Asset Management (JAC Capital) and Wise Road Capital for $2.75 billion.
H&Q leads $30m round for Chinese car rental site Huizuche
H&Q Asia Pacific has led a RMB200 million ($30 million) Series B round of funding for Huizuche.com, a Chinese car rental platform for outbound tourists.
Japan VC: Outbound ambition
Japanese start-ups are looking to address global markets from day one, but few domestic venture capital firms are equipped to support cross-border strategies. Corporate VCs could provide the solution
US AR specialist Meta raises $50m for China expansion
US-based augmented reality (AR) start-up Meta has raised a $50 million Series B round of funding from Chinese investors Tencent Holdings, Lenovo and Banyan Capital. They will support the company's expansion in China.
China’s Chenhui Capital, Lancy Group launch Sino-Korean fund
Chinese GP Chenhui Venture Partners have teamed up with one of its LP – Shenzhen-listed company Lancy Group – to create a Sino-South Korea PE fund that will invest in consumer and technology companies.
China online sports platform Banana Games raises $23m
Banana Games Media, a Chinese electronic sports platform founded by Xicong Wang, the son of Chinese billionaire Jianlin Wang, has raised a RMB150 million ($23 million) Series A round of funding from IDG Capital Partners.
China Life invests $600m in Didi Chuxing
China’s leading ride-hailing app operator Didi Chuxing has received about $600 million from China Life Insurance as part of its latest fundraising effort.
IKang chairman, Meinian withdraw take-private bids
Ligang Zhang, founder and CEO of US-listed Chinese company iKang Healthcare Group, and a consortium led by Meinian Onehealth Healthcare Group, have withdrawn their privatization proposals for iKang after the company received a new offer from Yunfeng Capital.
Sequoia-led consortium forms China JV with WME-IMG
A consortium led by Sequoia Capital has created a joint venture (JV) with US-based talent and event management firm WME-IMG to develop sports and entertainment businesses in China.
China’s NSSF posts 15.2% investment return for 2015
China’s National Council for Social Security Fund (NSSF) generated an investment return of 15.19% last year, up from 11.69% in 2014.
EQT exits Modern Metal to China’s JD Capital
EQT Partners has exited Modern Metal & Precision, a Chinese aluminum die casting manufacturer, to China-based private equity firm JD Capital.
Q&A: Maison Capital's Roger Wu
Roger Wu, a partner at Maison Capital – an early mover in China’s renminbi fund space – explains the firm’s systematic approach to identifying investment trends before of the competition, and valuations, heat up
Deal focus: PE targets China’s gay community
Vision Knight Capital invests in Chinese gay social app Blued to leverage customer loyalty
Lightspeed China’s co-founder Ron Cao to start own firm
Ron Cao, co-founder and managing director of Lightspeed China Partners, is preparing to set up his own venture capital firm called Yunjiu Capital.
Yunfeng joins the battle for US-listed iKang
Chinese healthcare services provider iKang Healthcare Group, which became the take-private target of a string of PE and strategic investors, has received a new competing bid from Yunfeng Capital.
Navis eyes $183m Malaysia-focused fund
Navis Capital Partners is seeking to raise up to MYR750 million ($183 million) for its second Malaysia-dedicated fund.
Warburg Pincus to make partial exit from China Biologic
Warburg Pincus has agreed to make another partial exit from China Biologic Products, a US-listed bio-pharmaceutical developer, generating proceeds of about $308 million.
General Atlantic appoints Eric Zhang as China head
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.
China's Tang Media Partners acquires US-based IM Global
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.
China crowdfunding site Qingsongchou raises $20m
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.
GIC, Temasek buy $1b of Alibaba shares from SoftBank
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.