Alibaba Group has led a $150 million Series D round of funding for Knowbox, a Chinese education start-up that develops a range of mobile apps aimed at students and teachers.
Chinese game live-streaming platform Douyu International Holdings closed flat on its first day of trading on NASDAQ following a $775 million IPO – the largest US offering by a Chinese company this year.
Sequoia Capital China and Eastern Bell Venture Capital have led a RMB250 million ($36.3 million) Series A round for Lichuang Mall, a Chinese B2B online trading platform that specializes in electronic components.
Chinese cloud-based robotics developer CloudMinds has filed for an IPO in the US with a view to raising up to $500 million.
With $850 million in dry powder to deploy from its second US dollar-denominate fund, China’s Genesis Capital is targeting Series C and D rounds for start-ups on the cusp of greatness
China’s Centurium Capital has appointed Michael Chen (pictured), formerly an investor with Warburg Pincus, as a partner and managing director.
Private equity and venture capital firms are seeking investments that target China’s lower-tier cities, which continue to see rapid consumption growth despite the economic slowdown at national level.
Bain Capital Credit has invested $300 million in D&J China, a Shanghai-based business and technology development park developer pursuing a domestic expansion.
Ping An Insurance has made a strategic investment in iTutorGroup, a Chinese online education platform that previously raised four rounds of funding, the most recent at a valuation of $1.6 billion.
Chinese early-stage investor Plum Ventures has closed its fifth angel fund with RMB532.5 million ($77.4 million) in commitments, taking its total assets under management to RMB3 billion.
Singapore-based healthcare platform Novena Global Lifecare has completed a $350 million merger with Xingkedou, a VC-backed Chinese hair salon operator that specializes in fast turnaround services.
GGV Capital has co-led a $150 million Series C investment in Chinese industrial robotics maker Geek+ alongside US hedge fund investor D1 Capital Partners.
Nigeria-based online services platform OPay has raised a $50 million funding round with participation by a number of Chinese investors, including IDG Capital, Source Code Capital, Sequoia Capital China, Meituan-Dianping, and GSR Ventures.
Miaoshou Doctor, a Chinese online healthcare services platform that has expanded into the offline pharmacy space, has completed its extended Series C funding round, having achieved a post-deal valuation of more than RMB7 billion ($1 billion).
Synyi, a Chinese artificial intelligence (AI) start-up that targets hospitals, has taken its total fundraising to RMB550 million ($80 million) following a RMB250 million Series C led by Tencent Holdings and featuring Sinopharm Capital.
LionRock Capital, an Asian PE firm that counts Italian football club Inter Milan among its previous investments, has launched a sports-focused fund with retailer Li Ning participating as an anchor LP.
Chinese venture capital firms and strategic investors have found their path to US tech start-ups barred by new regulations. It is possible to find a way around, but it requires compromise
Feihe, a China-based dairy products manufacturer backed by Morgan Stanley Private Equity Asia (MSPEA), has filed for an IPO in Hong Kong.
Centurium Capital, a private equity firm established by ex-Warburg Pincus China head David Li (pictured), has closed its debut US dollar-denominated fund at just over $2 billion after about 15 months in the market.
Genesis Capital, a Chinese GP established by Richard Peng, who previously led investments for Tencent Holdings, has closed its second US dollar-denominated fund at the hard cap of $850 million.
Evidence is mounting that US and Chinese ecosystems for advanced technologies are careening toward an antagonistic decoupling. Investors are philosophical and pragmatic
The China-US trade war appears set to enter new territory as legislators contemplate financial sector clampdowns including stock exchange listing restrictions. Investors are bracing for the worst
Cathay Innovation, the venture affiliate of Cathay Capital Private Equity, has led a $35 million extended Series B round of funding for Laiye Technology, a Chinese artificial technology (AI) start-up. Existing investors Lightspeed China and Wu Capital...
Ouyeel, which claims to be China’s largest online-to-offline (O2O) trading platform for the steel industry, has raised RMB2 billion ($291 million) in Series B funding at a post-deal valuation of RMB10 billion.