Legend Holdings, the largest shareholder in Hong Kong-listed China Auto Rental (CAR), has transferred part of its shares in the company to Ucar Technology, a Chinese chauffeured car service provider.
According to a regulatory filing, a total of 125 million CAR shares were transferred to Ucar at HK$13.5 apiece, which represented about an 8% premium over the average closing price in the last 30 days....
Zhuanzhuan, a used goods trading platform and subsidiary of 58.com, China’s largest online classifieds marketplace, has raised a $100 million round led by electronics giant Xiaomi.
KPCB growth-stage spinout Bond has led a $200 million Series B round for BrowserStack, a software testing platform established by two Indian entrepreneurs.
Chinese healthcare big data company LinkDoc Technology, which counts New Enterprise Associates (NEA), China Broadband Capital, and Temasek Holdings among its investors, has filed for an IPO in the US.
Yonghe Medical Group, a Chinese hair healthcare specialist best known for hair transplants, is targeting a Hong Kong IPO. Its largest external shareholder is CPE, formerly CITIC Private Equity.