Ant Financial
Vietnam's VNG files for US IPO
Vietnam-based VNG, operator of the country’s largest mobile game publishing platform and largest messaging app, has filed for an IPO in the US.
China manufacturing software player UJoin raises $14m
China-based manufacturing services business UJoin-Tech has raised a Series A of CNY 100m (USD 14m) led by Vision Plus Capital and Jinma Investment, a private equity fund launched by Ant Group and the Zhejiang provincial government.
AVCJ Awards 2021: Exit of the Year – IPO: Zomato
Zomato’s milestone offering last year saw a pandemic-ready business model awaken the local market to internet-based risk profiles as global investors shifted interest from China to India
India's Paytm targets $2.2b domestic IPO
Paytm, India’s largest digital payments company, has filed for an INR166 billion ($2.2 billion) domestic IPO, setting up exits for several private equity investors.
India food delivery player Zomato files for domestic IPO
Zomato, an India-based food services platform that raised more than $1.25 billion in private funding from the likes of Ant Group, Tiger Global Management, and Sequoia Capital India, is looking to raise up to INR82.5 billion ($1.11 billion) through a domestic...
China bike-sharing player Hellobike pursues US IPO
Hello Inc, best known as the operator of China bike-sharing service Hellobike and backed by the likes of Alibaba's Ant Group and GGV Capital, has filed for an IPO in the US.
China’s Danke to be delisted in US
The New York Exchange is set to delist Chinese apartment rental service provider Danke, having halted trading in the stock on March 15 because of poor information disclosure.
Regulators halt Ant Group's Shanghai, Hong Kong IPO
Private equity-backed Ant Group’s bumper IPO in Hong Kong and Shanghai has been put on hold by Chinese regulators over a potential failure to meet listing qualifications or disclosure requirements.
PE-backed Ant Group files for Hong Kong, Shanghai IPO
Ant Group, the financial technology affiliate of China’s Alibaba Group, which has raised more than $20 billion in external private funding, has filed for a dual listing in Hong Kong and Shanghai.
Zomato acquires India business of Uber Eats
Uber’s foray into food delivery in India has come to an end with the sale of the business to local peer Zomato through an all-stock deal.
China's Danke raises $130m in scaled back IPO
Chinese apartment rental platform Danke raised about $130 million in a smaller-than-expected US IPO that was primarily underwritten by existing private equity investors.
India's Zomato taps Ant Financial again for $150m
Ant Financial has invested $150 million in Indian restaurant discovery and food delivery platform Zomato, pushing the company's valuation to $3 billion.
India's Paytm raises $1b
Indian mobile payment and e-commerce platform Paytm has raised a $1 billion Series G round led by T Rowe Price.
China's Danke raises $190m, files for US IPO
China-based long-term apartment rental platform Danke has filed for a US IPO. It comes a fortnight after the company raised $190 million in Series D funding from CMC Capital Partners and Primavera Capital Group.
Ant Financial invests $92m in Chinese e-signature provider
TSign – a China-based electronic signature service provider – has received RMB650 million ($92 million) in Series C funding led by Alibaba Group affiliate Ant Financial. Other investors include Gobi Partners and Eminence Ventures.
PE-backed Chinese AI player Megvii files for HK IPO
Megvii Technology, best known for its Face++ platform, is set to become the first Chinese artificial intelligence (AI) company to list in Hong Kong.
Ant Financial, Primavera back Chinese vending machine provider
Beijing Ubox Online Technology, a Chinese vending machine manager, has received RMB1.6 billion ($226 million) in funding from Ant Financial Services Group and Primavera Capital Group.
Chinese O2O retailer raises $59m from Alibaba-backed fund
KK Guan, a China-based online-to-offline (O2O) retailer that mainly sells imported goods, has received RMB400 million ($59 million) in Series C funding led by the Electronic World Trade Platform (eWTP) Ecosystem Fund, which is backed by Alibaba Group...
Chinese apartment rental service Danke raises $500m
Chinese start-up Danke Apartment, operator of an online platform that connects landlords with long-term rental tenants, has raised $500 million in a Series C round led by Tiger Global Management and Ant Financial.
AVCJ Awards 2018: Deal of the Year - Late Stage Technology: Ant Financial
A string of private equity investors backed Ant Financial’s $14 billion Series C round, having recognized a company at the forefront of financial disruption in China
Ant Financial leads Series C for Chinese logistics player Keking
Chinese logistics cloud-based software provider Keking has raised RMB1 billion ($143.7 million) in a Series C round of funding led by Ant Financial and Centurium Capital.
Ant Financial re-ups in India's Zomato
Indian restaurant discovery and food delivery platform Zomato has raised $210 million from existing investor Ant Financial, the financial services affiliate of China’s Alibaba Group.
Ant Financial backs Chinese working hours tracking app
Anxinji, a Chinese app used by many of the country’s blue-collar workers to keep track of their working hours, has closed a Series B funding round led by Alibaba Group affiliate Ant Financial.
China's Snowball Finance raises $120m Series D
Snowball Finance, a Chinese online financial information platform that subsequently expanded into asset management, has raised $120 million in a Series D round of funding led by Ant Financial, Alibaba Group’s financial services affiliate.