Douyu International Holdings, a Chinese live-streaming platform that provides coverage of online gaming, has announced plans for a US listing. The company’s investors include Sequoia Capital China and Tencent Holdings.
China is the world’s largest games market by revenue and number of gamers - although this is a source of concern of the government, which has imposed an industry crackdown in the past year, including...
Fosun Group has agreed to invest RMB130 million ($18.4 million) in Pet Doctor, a Chinese one-stop pet services platform that supplies everything from software for pet hospitals to consultations for pet owners.
Japan Post Investment Corporation (JPIC) has backed a $33 million Series C round for Atonarp, a Tokyo-based molecular diagnostics systems developer that uses artificial intelligence (AI).
J.P. Gan (pictured), who spent 12 years with Qiming Venture Partners before striking out on his own earlier this year, has reached a first close of $163 million on his debut China fund.
Xyb2b.com, a B2B platform that helps Chinese e-commerce companies source products from overseas, has completed an extended Series B round of funding worth $100 million.