K-12 online education in China is a battle for market share that only the largest players can afford to play. Investors can either get comfortable with high-cash-burn or look for niche exposure
“After spending so much money, I haven’t found a path to growth. I don’t know if I will lose my freedom for this, but I am prepared. I don’t think I should sleep here, I should go to prison,”...
Svolt Energy Technology, formerly the battery business unit of Chinese automaker Great Wall Motor, has raised a RMB3.5 billion ($542 million) Series A round featuring a string of government-linked investors.
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
Moore Threads, a Chinese chip designer established as recently as last October by a team from Nvidia, has closed two funding rounds amounting to several billion renminbi.
FountainVest Partners has agreed to acquire a majority stake in China-based CJ Rokin Logistics from Korea’s CJ Logistics for KRW733.8 billion ($661.3 million).