Northern Light Venture Capital (NLVC) has led a Series A round of funding for Maihaoche.com, a Chinese automotive e-commerce platform that specializes in parallel imports.
The investment amounts to hundreds of millions of renminbi. Innovation Works has also participated in the round. Hangzhou-based Maihaoche.com was founded last July by a group of former employees of Alibaba...
Tencent Holdings and Meituan-Dianping have led a $200 million Series D funding round for business-to-business (B2B) online liquor trading platform Yijiupi.
Samara Capital has agreed to buy Aditya Birla Retail (ABRL), the retail arm of India’s Aditya Birla Group, for an undisclosed amount.
AGIC Capital, a private equity firm focused on cross-border investments, has exited its stake in Italian robotics supplier Gimatic to US-based industrial products manufacturer Barnes Group for EUR370 million ($436 million) in cash.
Shunwei Capital has led an RMB160 million ($23 million) Series B round of funding for Rokae, a Chinese industrial robotics developer, with participation from GSR Capital, THG Ventures and Plum Ventures.