Xueleyun, a Chinese education platform, has raised a $200 million Series C round led by China-based PE firm New Horizon Capital. Existing investors GSR Ventures and Huaxin Shiji Investment also participated in the round.
Launched in 2014, Xueleyun provides online study materials based on K-12 educational curricula to students, teachers, education authorities and third-party organizations. The company claims that its teaching...
China Ping An Insurance Overseas Holdings has aspirations to manage assets for third-party investors. Spinning out part of the global private equity portfolio may help it get there
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Zhenkunhang, a China-based distribution platform for industrial products, has raised $315 million Series E funding led by YF Capital - previously Yunfeng Capital - a private equity firm co-founded by Alibaba’s Jack Ma.
Japanese logistics technology start-up Openlogi has raised JPY1.7 billion ($16.7 million) in an ongoing Series C round featuring Sumitomo Corporation.