A group including CITIC Private Equity, CICC Capital and Baring Private Equity Asia has agreed to invest $1 billion in the healthcare unit of Chinese e-commerce giant JD.com, acquiring a combined stake of 14.5%.
The fresh capital will enable the company to expand its core business, recruit talent and explore new healthcare initiatives, according to a filing. JD.com will remain the largest shareholder after the...
CITIC Capital has participated in a JPY3.6 billion ($34.1 million) funding round for Active Sonar, operator of Reclo, a Japanese online re-selling platform for luxury brands.
Should the private equity industry's efforts to redress its gender balance extend to selling students on the asset class as a fulfilling, long-term career option?
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).