Articles by Winnie Liu
Shenzhen Capital launches retail fund arm
Shenzhen Capital Group, a Chinese VC investor, has diversified its investment platform into mutual funds.
DCM leads $8m round for Chinese property portal
Meiaoju, a Chinese online platform for buyers seeking property overseas, has received a RMB50 million ($8 million) Series A round of funding led by DCM.
GSR Ventures to invest $580m in China new energy play
GSR Ventures has agreed to invest a total of RMB3.6 billion ($580 million) in Wuhan Kaidi Electric Power, a Shenzhen-listed clean energy technology provider.
Temasek to invest $150m in China Huiyuan Juice
Temasek Holdings plans to invest $150 million in China Huiyuan Juice, a Hong Kong-listed fruit juice producer that is a portfolio company of SAIF Partners.
China's Alibaba invests $215m in US messaging app Tango
Chinese e-commerce giant Alibaba Group has invested $215 million in California-based mobile messaging app maker Tango. The deal values the start-up at a reported $1 billion.
Tiantu invests $16m in Sichuan seasoning maker
Chinese consumer-focused PE firm Tiantu Capital has committed RMB100 million ($16 million) in Series A funding to Sichuan Gaofuji Food, a food sauces and seasoning manufacturer.
L Capital Asia invests $25m in Taiwan skincare brand
L Capital Asia, a private equity firm backed by luxury goods conglomerate LVMH, has invested NTD750 million ($25 million) for a significant minority stake in Dr. Wu, a Taiwanese clinical skincare brand.
CITIC Capital invests $15m in China education play
CITIC Capital has invested over RMB100 million ($15 million) in a Series A round of funding for Chinese vocational training provider Shsun Education Group.
Vertex commits $5m to China education app Xuebajun
Vertex Venture, an investment unit of Temasek Holdings, has committed $5 million in Series A funding for Shanghai-based mobile study tool developer Xuebajun.
Orchid Asia leads $74m round for China's FunPlus Game
Beijing-based mobile social games developer FunPlus has raised a $74 million Series B round of funding led by Orchid Asia. GSR Ventures and Steamboat Ventures also participated.
China Aier Eye Hospital invests in Qianhai M&A fund
Shenzhen-listed Aier Eye Hospital Group has launched an M&A fund with China Orient Asset Management with a view to bringing about consolidation in the ophthalmology industry.
Portfolio: CITIC Capital Partners and Elgin Equipment
When CITIC Capital Partners joined Audax Group in acquiring Elgin Equipment, its brief was to re-position the clean coal equipment business from low-growth America to high-growth China
DCM bets bigger on China
DCM's latest global fund is smaller than its two predecessors because Silicon Valley-based general partners, Carl Amdahl and co-founder Dixon Doll, are stepping down. As a result, there will be fewer US investments, but China is expected to play a more...
CDH investee Greenland to go public via reverse merger in Shanghai
Greenland Holdings, a Shanghai city government-owned property developer backed by CDH Investments and other PE firms, intends to list on the Shanghai Stock Exchange through a reverse merger with Jinfeng Investments.
50 China PE firms win licenses from AMAC
The Asset Management Association of China (AMAC), a group set up by the China Securities Regulatory Commission (CSRC), has issued licenses to the first batch of 50 private equity firms in China, allowing them to legally offer asset management products.
PE-backed Alibaba confirms US listing
Private equity-backed Chinese e-commerce giant Alibaba Group has decided to go public in the US, ending months of speculation.
Ceyuan leads $10m Series A for China bitcoin exchange
Ceyuan Ventures has led a $10 million Series A round of funding for OKCoin, which claims to be the China’s largest bitcoin exchange by trading volume. Mandra Capital and existing backer VenturesLab also participated.
VC-backed E-House plans US listing for subsidiary Leju
E-House, a Chinese real estate service agency backed by several VC and internet strategic investors, is preparing a US IPO for its wholly-owned subsidiary Leju Holdings that could raise up to $200 million.
NGP leads $10m round for China online food ordering platform
Nokia Growth Partners (NGP) has led a $10 million Series B round of funding for Meican.com, a Chinese food ordering platform, with participation from KPCB China.
Alibaba, CBC invest $20m in China travel portal Byecity
Alibaba Group and China Broadband Capital (CBC) have committed $20 million in Series B funding for outbound travel platform Byecity.com.
China’s E-House forms JV with Yunfeng, Sequoia, Sina
E-House, a Chinese real estate service agency, has formed a property-oriented financial services joint venture with internet firm Sina Corporation, Sequoia Capital China, and Yunfeng Capital.
Former Baidu COO David Zhu joins GGV Capital
David Zhu, former chief operating officer of Chinese internet giant Baidu, has joined GGV Capital as a partner.
Alibaba to buy majority stake in Tencent, VC-invested ChinaVision
Alibaba Group has agreed to buy 60% of Hong Kong-listed ChinaVision Media Group - in which rival Tencent Holding and VC firm Sequoia Capital are current shareholders, for HK$6.24 billion ($804 million).
IDG joins $6m round for Finnish mobile game developer
Next Games, a Finnish mobile gaming developer, has raised $6 million Series A round co-led by IDG Ventures and existing investor Jari Ovaskainen, followed by China’s IDG Capital Partners and US VC firm Lowercase Capital.