Hefu Noodle, a Chinese noodle restaurant chain, has raised a RMB450 million ($68 million) Series D round co-led by Tencent Holdings and Longfor Capital, an investment unit of Hong Kong-listed property developer Longfor Group.
Meridian Capital also took part in the round, which took Hefu's total fundraising to RMB850 million since inception. Tiger Cub Funds, Wuhan Zhonghe Ventures, and Wangju Capital provided RMB30 million in...
Swapping a traditional fund for a less familiar corporate vehicle represented a gamble for Equis, but the Asian infrastructure manager was confident its approach would make sense to a subset of investors
Taiwan’s technology sector must play an awkward balancing game amid US-China tensions. This could be a surprisingly favorable position for opportunistic investment and global diversifications
Chinese eye disease specialist Elumninex Biosciences has raised a $50 million Series A round led by GL Ventures, Lilly Asia Ventures (LAV), and Quan Capital.
Anacacia Capital has acquired a controlling stake in Pump Haircare, an Australian organic hair products brand that is looking to further expand its online distribution channels.