Coatue Management has led a $350 million Series D round of funding for Zuoyebang, a Chinese K-12 education platform that spun out from domestic search giant Baidu.
Goldman Sachs, Primavera Capital Group, GGV Capital, Sequoia Capital China, and Tiantu Capital all took part in the round. There were also commitments from Xianghe Capital, NEA, and Taihe Capital, according...
Firstred Capital has already completed six deals from its debut fund, making commitments that are flexible in structure to Chinese companies that need its M&A expertise
Technology-enabled businesses in China and India are the beneficiaries of a resurgence in growth capital deal flow; Japan is the sole stand-out in fundraising; IPOs continue to shine as overall exits struggle
Erwan Technology, a China-based wealth management education platform, has secured nearly $100 million in funding across Series D and E rounds.
Fund-of-funds and family offices could be excluded from Hong Kong’s proposed carried interest tax concession, industry participants have warned.