Alibaba Group
China leads the world in internet technology - AVCJ Forum
Mobile payment represents a “big inflection point between China and the rest of the world,” underlining how the country has become a leader in technology, according to Victor Koo, founder of video streaming platform Youku.
Alibaba leads $866m round for China's Ofo
Chinese bike-sharing start-up Ofo has raised $866 million in a new funding round – comprising equity and debt – led by existing investor Alibaba Group. It is said to be the largest round raised by a bike-sharing company to date.
China-India tech investments: A running start
The past 12 months has seen a long-expected surge of investments into India’s technology sector by Chinese financial and strategic investors. They are providing a significant boost to the local market
Strategic players in China's tech space: The upstarts
A new generation of Chinese technology companies, led by Toutiao, Meituan-Dianping and Didi Chuxing, is challenging the incumbent giants. It is the inevitable consequence of a more complex environment
China’s Easyhome raises $2b from Alibaba, PE investors
Alibaba Group has joined a group of PE investors to acquire a 36% interest in Beijing Easyhome Furnishing, China’s second-largest home improvement supplies and furniture chain operator, in a deal worth RMB13 billion ($2 billion).
Alibaba leads $300m round for India's Bigbasket
Chinese online retailer Alibaba Group has led a $300 million funding round for Indian online grocer Bigbasket.
China electric car maker Xpeng raises $348m
Xpeng Motors, a Chinese electric car manufacturer, has completed a RMB2.2 billion ($348 million) Series B round of funding led by Alibaba Group, Foxconn Technology Group, and IDG Capital.
Alibaba's Taiwan fund backs fitness brand
Space Cycle, a boutique fitness studio chain operating in mainland China and Taiwan, has raised a RMB100 million ($15.6 million) Series B round of funding led by Alibaba Taiwan Entrepreneurs Fund.
China's Ant Financial abandons MoneyGram acquisition
Alibaba Group’s Ant Financial has abandoned its $1.2 billion acquisition of private equity-backed MoneyGram after failing to receive clearance from the Committee on Foreign Investment in the US (CFIUS).
China bike-sharing operator Hellobike raises $350m
Chinese bike-sharing operator Hellobike has raised $350 million in a Series D round of funding from several investors including Alibaba Group’s Ant Financial and Chengwei Capital.
Hong Kong's WeLab raises $220m
Alibaba Group and the International Finance Corporation (IFC) have led a Series B+ round of funding for Hong Kong financial technology provider WeLab.
Alibaba leads $335m round for China's Souche
Alibaba Group has led a $335 million Series E round for Chinese online second-hand car trading platform operator Souche. It is the company’s third funding round in the past 12 months.
Deal focus: GPs boost Prenetics' Asia genetics effort
Beyond Ventures and Alibaba Group have led a funding round that will support the Asia expansion of Hong Kong-based genetics healthcare start-up Prenetics
Asian GPs back $502m round for US-based Magic Leap
Singapore-based EDBI and Temasek Holdings have joined a $502 million Series D funding round for US virtual reality (VR) and augmented reality (AR) technology provider Magic Leap.
China's Qudian gains on debut after $900m US IPO
Qudian, a VC-backed Chinese micro-lending services provider, closed up 22% on its New York Stock Exchange debut, following a $900 million IPO.
Alibaba, Beyond lead $40m round for Hong Kong's Prenetics
Beyond Ventures and Chinese internet giant Alibaba Group have led a $40 million funding round for Hong Kong-based genetic testing and wellness start-up Prenetics.
Partial exits shelved as China's Best cuts size of offering
Planned partial exits for investors in Best Inc. were shelved as the Alibaba Group-backed Chinese logistics operator raised a lower-than-expected $450 million in its US IPO. The stock increased 5% on debut.
China's Best targets $1b IPO, PE backers seek partial exits
A string of private equity investors are set for partial exits as Best Inc, a Chinese logistics operator backed by Alibaba Group, looks to raise up to $1.07 billion in its New York Stock Exchange IPO.
China clothing rental site Yi23 raises $50m
China-based Yi23, a female clothing rental platform, has raised a $50 million Series C round of funding jointly led by Alibaba Innovation Ventures, SBCVC and Sequoia Capital.
Yunfeng, Alibaba invest $152m in Chinese cloud storage firm
Qiniu Information Technology, a Shanghai-based cloud storage and computer technology developer, has completed a RMB1 billion ($152 million) funding round led by Alibaba Group and Yunfeng Capital, a GP co-founded by Alibaba chairman Jack Ma.
China's PE-backed Ele.me merges with Baidu Waimai
Ele.me, a Chinese food delivery ordering platform backed by Alibaba Holdings and several private equity investors, has confirmed its merger with Baidu Waimai, the food delivery business of Chinese internet giant Baidu.
Alibaba, InnoSpring launch China accelerator
InnoSpring and Alibaba Group have jointly launched an accelerator program in China with a view to helping international start-ups access Chinese markets and ecosystems.
China AI chipset maker Cambricon raises $100m
Cambricon Technologies, a Beijing-based artificial intelligence (AI) developer, has raised a $100 million Series A round of financing from Lenovo Capital & Incubator Group (LCIG), and an investment unit owned by Alibaba Group.
Alibaba leads $1.1b round for Indonesia’s Tokopedia
Tokopedia, a venture capital-backed online marketplace in Indonesia, has received a $1.1 billion funding round led by Alibaba Group that will see the Chinese e-commerce giant become a minority stakeholder.