YiAuto, a Chinese new car marketplace, has raised a $70 million Series C round led by SIG. Existing investors GGV Capital, BlueRun Ventures, Sky9 Capital, and K2 Venture Partners also participated.
Founded in 2015, the company complements its online platform with a network of more than 200 self-operated sales lots and achieved gross merchandise value (GMV) of RMB12 billion in 2020. It mainly targets...
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.