OneConnect Financial Technology, an affiliate of China’s Ping An Insurance backed by the likes of IDG Capital, SBI Group, and SoftBank Vision Fund, has filed to list in the US.
The company, which operates a technology-as-a-service platform for over 3,700 customers, including all of China’s major banks, announced in February 2018 that it had received $650 million in funding...
Newlink Group, operator of a platform that helps drivers in China locate the best value gas stations, has raised a RMB900 million ($128 million) Series D round led by China Capital Investment Group. Xiaomi Corporation also participated.
Chinese biotech start-up Harbour BioMed has raised $102.8 million in Series C funding. It comes four months after it closed an extended Series B round of $75 million.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
BlueCity Holdings, the VC-backed holding company for Chinese gay dating platform Blued, traded strongly after raising $84.8 million through a NASDSAQ IPO.