Articles by Winnie Liu
GLP, BOCGI invest $70m to China logistics player G7
Warehouse operator Global Logistic Properties (GLP) and Bank of China Group Investment (BOCGI), a direct investment arm of Bank of China, have committed $70 million to G7 Networks, a Chinese manufacturer of smart devices for the logistics sector.
Hony-backed healthcare platform acquires TCM hospital
Hospital Corporation of China (HCC), a buyout platform established by Hony Capital, has acquired a 70% stake in Jiande Hexu Enterprise Management, owner of a traditional Chinese medicine (TCM) hospital and other healthcare businesses, for RMB483 million...
China AI chip maker Think Force raises $68m
Shanghai Think Force Electronic Technology, a China-based artificial intelligence (AI) chip maker, has raised a RMB450 million ($68 million) Series A round of funding from Yunfeng Capital, Sequoia Capital China, and Hillhouse Capital.
The crystal ball: Predictions for 2018
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
Hony to invest in Li & Fung consumer assets
Hony Capital has agreed to invest in several businesses – covering furniture, beauty, and apparel – from Hong Kong conglomerate Li & Fung for $1.1 billion.
Deal focus: An EV ecosystem play
WM Motor Technology's recent Series B round makes it one of the best-funded electric vehicle start-ups in China. The company has ambitions to build an EV ecosystem
VCs in $45m round for Chinese tech news site 36kr
Gobi Partners and China Prosperity Capital have led a RMB300 million ($45 million) round of funding for 36Kr Media, a Chinese online technology news platform.
Vertex leads $50m round for China's Guoxiaomei
Vertex Ventures China has led an initial Series C round of funding worth $50 million for Guoxiaomei, a self-service smart shelf operator.
Profile: KPCB China's James Huang
James Huang, a managing partner at KPCB China, has launched his own healthcare-focused investment firm to put his incubation and operational skills to work with a new generation of Chinese start-ups
Chinese travel platform Mafengwo secures $133m Series D
Chinese travel services platform Mafengwo has raised $133 million Series D round from new investors including Ocean Link, General Atlantic, Temasek Holdings, Yuantai Investment, and Hopu Investment.
Sequoia-CMC sports fund backs China's Supermonkey
Chinese fitness start-up Supermonkey has raised a Series C round of funding led by Jiansheng Sports Fund, a vehicle established by Sequoia Capital China and CMC Holdings.
Baidu Capital leads round for China's WM Motor
Baidu Capital, a VC firm backed by Chinese search engine Baidu, has led a round of funding for WM Motor Technology, a Chinese electric vehicle manufacturer.
China's GenBridge closes debut fund at $500m hard cap
GenBridge Capital, a private equity firm set up by former executives from Chinese online retailer JD.com and TPG Capital, has closed its debut consumer-focused fund at the hard cap of $500 million.
China's 6 Dimensions raises $844m for debut healthcare fund
China’s 6 Dimensions Capital, which was formed through the merger of WuXi Healthcare Ventures and Frontline BioVentures, has raised approximately $844 million for its debut healthcare fund.
China bike-sharing operator Hellobike raises $350m
Chinese bike-sharing operator Hellobike has raised $350 million in a Series D round of funding from several investors including Alibaba Group’s Ant Financial and Chengwei Capital.
Taiwan's local PE industry requires careful cultivation - AVCJ Forum
Investors are encouraged by initiatives Taiwan’s government has launched to develop the local private equity market, but they told the AVCJ Taiwan Forum that areas such as team-building and deal availability to build a sustainable industry.
Chinese GP accused of misusing SF Express project fund
Longstand Capital, a Chinese PE fund manager, has accused industry counterpart Beijing Dabai Huicai Investment Management of taking capital intended for investment in SF Express, China’s largest express delivery services provider, and putting it into...
SBCVC leads $30m round for China healthcare AI firm
SBCVC has led a RMB200 million ($30 million) Series B round for 12 Sigma, a China-based biotechnology company that applies artificial intelligence (AI) technology to medical image diagnoses.
Coatue leads $177m round for Chinese comic book app
Kuaikan Comic, a mobile app that focuses on Chinese comic books, has raised a $177 million Series D round of funding led by Coatue Management.
Sequoia China backs fixed income manager Income Partners
Sequoia Capital China has made a strategic investment in Income Partners, a Hong Kong-based emerging markets asset manager that specializes in fixed income funds.
Legend leads $37.5m round for China's ALO7
Legend Capital has led a $37.5 million Series D round for ALO7 Network Technology, which develops English learning materials for Chinese K-12 students.
Warburg Pincus backs Chinese car park operator
Warburg Pincus has led a RMB1.5 billion ($227 million) round of funding for Sunsea Parking Industry Group, a Chinese car park management company. Furniture retailer Red Star Macalline - a Warburg Pincus portfolio company - also participated.
SDIC, AstraZeneca agree China pharma JV
SDIC Fund Management, a GP under China’s State Development & Investment Corporation (SDIC), and AstraZeneca have formed a China-based joint venture that will develop and commercialize new medicines.
China truck logistics players Huochebang, Yunmanman agree merger
Rival Chinese online truck logistics platforms Huochebang and Yunmanman – both of which have received substantial private equity and venture funding – have agreed to merge.