Articles by Winnie Liu
Korea's Memebox gets extended Series C round
South Korean beauty products e-commerce company Memebox has raised another $60 million in an extended Series C round of funding.
CDH leads $120m round for China AI player Sense Time
CDH Investments has led a $120 million Series B round of funding for Sense Time, a Chinese artificial intelligence (AI) and deep learning technology start-up.
Taiwan regulators stress openness to private equity - AVCJ Forum
Taiwan’s government has reiterated its openness to foreign investment, despite several notable private equity and M&A deals getting rejected by the regulators.
China VC: Early birds
With concerns that China's venture capital boom is heading for a bust, investors are increasingly targeting early-stage strategies. Renminbi funds are also coming more into the reckoning
Rui Ma leaves 500 Startups to launch US-focused fund-of-funds
Rui Ma, Greater China partner at Silicon Valley-based investor 500 Startups, has left the firm and set up her own early-stage fund-of-funds to invest in US GPs.
OTPP promotes Jo Taylor to international managing director
Ontario Teachers’ Pension Plan (OTPP) has promoted Jo Taylor to senior international managing director. He will also serve as interim head of Asia Pacific as Nicole Musicco, the current head, returns to Toronto to lead OTPP's public equities unit.
Tsinghua Unigroup scraps plan to acquire stake in Taiwan's ChipMOS
Tsinghua Unigroup, an investment arm of China's state-backed Tsinghua Holdings, has scrapped its plan to invest in ChipMOS Technologies, a chip test and packaging company listed in Taiwan.
Tsing Capital, SVC Angel back US-China IoT platform
China cleantech-focused VC firm Tsing Capital and US-based SVC Angel Fund have formed a partnership with IngDan, an internet-of-things (IoT) platform that aims to connect hardware start-ups with supply chain resources in China.
China genomic services provider Novogene raises $75m
Novogene Technology, a Beijing-headquartered genomic services provider, has raised a $75 million Series B round from Chinese investors including CMB International, SDIC Innovation Investment and Shanghai Sigma Square Capital.
China Angel Plus raises $100m to back US start-ups
Angel Plus, a Chinese early-stage VC fund established by Michael Yu, co-founder of New Oriental Education, has launched a debut US dollar-denominated fund worth $100 million.
India VC: Growing pains
The growth potential of India’s technology sector is unquestioned, but there have been relatively few spin-outs to threaten the incumbents. A couple of track record-boosting IPOs would help matters
Everbright ReInfore leads $102m round for China retail portal
Everbright Reinfore, a China-focused PE firm under the China Everbright Group umbrella, has led a RMB700 million ($102 million) Series B round for Beijing DS365 Technology, which operates an online retail portal.
WiL leads $26m round for Japan cross-border e-commerce site
Inagora, a cross-border e-commerce platform that focuses on selling Japanese products, has completed a Series B round of funding worth $26 million led by World Innovation Lab (WiL), a US and Japan-based early-stage investor.
China's Suning leads round for PE-backed Yiguo
Yiguo, a Chinese PE-backed online fresh food retailer, has completed an extended Series C round of funding led by domestic home appliance retailer Suning Commerce Group.
WI Harper forms Sino-US fund with Chinese investors
Early-stage VC firm WI Harper Group has teamed up with two Chinese investment funds – Luxin Venture Capital Group and Shandong Leader Equity Investment Fund – to launch a cross-border fund that will invest in start-ups in China and the US.
China financial data firm Quant Group raises $73m
Quant Group, a China-based financial big data company, has completed a RMB500 million ($73 million) Series C round led by China’s Sunshine Insurance Group.
China Everbright's mezz fund backs Sichuan Dekang Agriculture
China Everbright has made an equity investment in Sichuan Dekang Agriculture Technology, a livestock farming company in China, through its renminbi-denominated mezzanine fund.
China online dancing content app Tangdou raises $20m
Tangdou.com, a Chinese online platform through which users can share their dancing experiences and join recreational dance groups, has completed a $20 million Series B round of funding across two tranches.
China's ORI Healthcare Fund leads $100m round for UK biotech firm
ORI Healthcare Fund, a Chinese sector-focused fund launched by former investment banker at Goldman Sachs, has led a $100 million Series C round for Kymab Group, a UK bio-pharmaceutical company focused on antibody drug discovery.
Deal focus: Patsnap leverages innovation boom
Sequoia Capital and Shunwei Capital Partners support Patsnap's push to provide intellectual property analytics services to Asian corporates looking to expand into new markets with minimal legal fuss
China's Ctrip to acquire VC-backed UK travel site Skyscanner
China’s largest online travel site Ctrip.com has agreed to buy Skyscanner, an airfare comparison website backed by VC investors, in a deal valuing the UK-based company at approximately GBP1.4 billion ($1.74 billion).
Foxconn backs Chinese image recognition software developer
Megvii Technology, a China-based image recognition software developer, has received $20 million from Taiwan’s Foxconn Technology as part of its Series C round of financing.
Fund focus: Long Hill aspires to specialization
With the support of his former employer, New Enterprise Associates, Xiaodong Jiang has gone independent with Long Hill Capital. Early-stage healthcare and consumer services are now in his sights
RRJ invests in China HNA's internet finance platform
RRJ Capital has led a $200 million Series A round for Jubaohui, an internet finance platform established by Chinese conglomerate HNA Group.