Zhihu, a Chinese question-and-answer platform, has raised a $434 million Series F round led by domestic search engine Baidu and short video site Beijing Kuaishou Technology.
Existing investors Capital Today China Group and Tencent Holdings, which both participated in the company’s $100 million Series D round in 2017 and its $270 million Series E round last year, also joined...
Monolith Management, an investment firm established by Xi Cao, formerly a partner at Sequoia Capital China, has set the hard cap at USD 250m for its debut China venture capital fund.
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
The Carlyle Group has appointed Harvey M. Schwartz, formerly president and co-COO of Goldman Sachs, as its new CEO.
Crown Resorts represented a daunting target, given its size and pandemic and regulatory-related challenges. The Blackstone Group drew on its global know-how to make the USD 8.1bn deal work