Alibaba Group
VC-backed Chinese dating app set for $267m US IPO
Momo, a Chinese location-based social-networking app with several VC backers, will raise up to $266.8 million through a US IPO. The company has also agreed to sell shares to Alibaba Group and 58.com through a separate private placement.
China’s Alipay, VC back mobile tech specialist V-Key
Alibaba Group’s online payment platform Alipay and IPV Capital have invested $12 million in a Series B round for V-key, a Singapore and US-based start-up specializing in mobile security and cryptography.
Silver Lake overcame doubters to secure Alibaba deal – AVCJ Forum
Silver Lake’s 2.2% stake in Alibaba Group is worth more than $6 billion at current market prices, but internal approval for the original investment in the Chinese e-commerce player in 2011 did not come easily.
VC-backed Chinese dating app Momo files for US IPO
Momo, a Chinese location-based social-networking app best known for its “flirting” function, has filed for a US IPO. Backers include Alibaba Group, Matrix Partners, Yunfeng Capital and Sequoia Capital.
3Q analysis: The IPO genie
Real and paper windfall for PE investors in Alibaba spurs exit environment; the latest round of fundraising for pan-regional mega vehicles draws to a close; growth capital dominates the investment numbers
Alibaba invests $50m in US TV remote app Peel
Alibaba Group, China's largest e-commerce player, has invested $50 million in Peel Technology, a California-based start-up that has developed a TV remote control mobile app.
Alibaba invests $458m in hotel IT software firm
Alibaba Group has bought a 15% stake in Beijing Shiji Information Technology, a Chinese hospitality information technology developer, for RMB2.81 billion ($458 million).
Southeast Asia e-commerce: Logistics logjam
Southeast Asia is expected to see rapid growth in e-commerce over the next five years. But are there enough competent logistics providers to deliver the goods in a timely and cost-effective fashion?
What now, Alibaba?
Chinese online furniture retailer Meilele started out life as a store within Taobao, Alibaba Group's C2C e-commerce platform in 2008. The company's transactions ran through the Taobao platform, with online payment service Alipay collecting monies owed....
Alibaba shares surge 38% on US trading debut
Shares in Alibaba Group soared 38.07% in their first day of trading on August 19, following a $21.8 billion IPO on the New York Stock Exchange (NYSE).
Alibaba sets terms for $21.8b IPO
Alibaba Group will raise $21.8 billion in its IPO after pricing shares at the top end of the indicative range. The Chinese internet company could end up with as much as $25 billion if the overallotment option is fully exercised.
Cross-border e-commerce: The final frontier
Rocket Internet and Alibaba Group are preparing to go public and have ambitious growth plans. But how suited are their respective models to cross-border e-commerce expansion?
Alibaba ups IPO price range, could raise $25b
The Alibaba Group IPO will now be worth up to $25 billion after the Chinese e-commerce giant raised the indicative price range for the offering. It is now all but certain to supplant Agricultural Bank of China (ABC) as the largest IPO ever seen.
PE investors set for partial exits as Alibaba targets $24b IPO
Chinese e-commerce giant Alibaba Group is seeking to raise as much as $24 million through a US IPO that could be the largest tech offering in history.
Alibaba backs Chinese Wi-Fi operator
Alibaba Group has invested an undisclosed sum in Witown, a Chinese Wi-Fi solutions provider.
Alibaba leads Series B round for online education site
Myfriday.cn, a Chinese timetable social mobile app developer, has received a Series B round of funding led by Alibaba Group. Existing investors the Sequoia Capital and Ceyuan Ventures also participated.
US game firm Kabam attracts $120m from Alibaba
China e-commrce giant Alibaba Group is investing $120 million in US venture capital-backed gaming company Kabam. The investment is understood to value the company at over $1 billion.
Asian Venture Capital: Not yet bubble territory
Is Asian venture capital back in favor? Based on what has been happening in the last year or so, the answer would be a resounding yes. Like their peers in Silicon Valley, the Asian VC community is certainly seeing more activity than say three years ago.
Alibaba picks New York Stock Exchange for IPO
Chinese e-commerce giant Alibaba Group announced it will apply to be listed on the New York Stock Exchange (NYSE).
Alibaba acquires remaining shares of VC-backed UCWeb
Chinese e-commerce giant Alibaba Group has bought all the remaining shares of VC-backed mobile-browser firm UCWeb.
China VC: The virtuous circle
China’s VC market is evolving as funds started by or raised from founders of first-generation internet firms. Concerns about conflicts of interest must be addressed, but the influence of their ecosystems will grow
Yunfeng raises more than $1b for China fund
Yunfeng Capital, a Chinese PE firm set up by Jack Ma and David Yu, founders of Alibaba Group and Target Media, respectively, has reached a final close of around $1.1 billion on its second fund.
Yunfeng invests in China's Quanfeng Express
Yunfeng Capital has a Series C round of funding for Quanfeng Express, a Chinese courier services provider.
Alibaba commits $100m to Yunfeng's China tech fund
Alibaba Group has committed $100 million to a fund being raised by Yunfeng Capital, a PE firm set up by Alibaba founder Jack Ma.