DCM-Doll Capital Management
DCM, Infinity invest $2.7m in Japanese accounting software firm
DCM and Infinity Capital Partners have invested $2.7 million in Japanese online accounting software company, Freee, as part of a Series A round of funding.
DCM, Sequoia to reduce holdings in China’s Vipshop
DCM and Sequoia Capital will trim their holdings in Vipshop as the US-listed Chinese e-commerce site raises around $181 million through a share issue.
DCM invests in Chinese game developer Cmune
DCM has provided an undisclosed amount in Series A funding to Cmune, a China-based developer of 3D social games. The company is best known for UberStrike, which claims to the most popular first-person-shooter game on Facebook with 1.4 million monthly...
ClearVue leads $20m round for Chinese beauty brand
Lumi, a leading nutritional beauty products firm in China, has raised RMB120 million ($20 million) of Series B funding led by ClearVue Partners. Fidelity, JAFCO and Capvent also participated in the round, along with existing shareholder, DCM.
DCM exits game developer Pokelabo to GREE
DCM has generated a 6x money multiple on its investment in social mobile game developer Pokelabo after the company was sold to Japanese media giant GREE for $175 million.
VC-backed DangDang's CFO resigns
Dangdang, the New York-listed Chinese e-commerce company, announced that its CFO Conor Chia-huang Yang is leaving the company for personal reasons.
DCM, Sequoia-backed Vipshop drops 15% on NYSE debut
Vipshop Holdings, a Chinese online retailer backed by Doll Capital Management (DCM) and Sequoia Capital, saw its stock close down 15% on its March 23 trading debut. The company priced its IPO on the New York Stock Exchange at $6.50, 23% below the indicated...
Legend Capital, DCM commit $30 million to China’s Happy Elements
Legend Capital has led a Series B round of funding worth $30 million for Chinese social gaming company Happy Elements. Existing investor DCM also participated.
VC-backed Chinese children’s clothing retailer signs Disney deal
Greenbox, a venture capital-backed Chinese online retailer specializing in children’s clothes, has agreed to integrate Disney brands into its product lines. The Chinese company will design clothing lines inspired by Disney franchises including Mickey...
The Winners Circle: 2011 AVCJ China Awards
Last Friday, at the closing luncheon of our highly successful AVCJ Private Equity & Venture Forum/China conference, we gave out our first ever dedicated awards focused on private equity and venture capital activity across China. Excited by the positive...
DCM, Sequoia give $50m to digital retailer
Leading venture capital firms Sequoia and DCM have jointly invested $50 million in Guangzhou-based online retailer VIPshop as part of a Series B round of funding.
Renren set for IPO following delay
Venture-backed Renren.com – touted as China’s answer to the social networking site Facebook – has delayed its highly anticipated IPO on the NYSE from Tuesday evening to Wednesday, for undisclosed reasons.
PapayaMobile gets $18m from China VCs
China-based Keytone Ventures and global VC firm DCM have led an $18 million Series B funding round into PapayaMobile, a social gaming network supported by Google’s Android platform.
DCM launches Google Android-focused fund
Venture firm DCM is to launch a $100 million fund focused on targets and developers surrounding Google Android’s mobile platform, touted as the world’s first Android-focused fund.
Digital travel portal gets $50 million from Sequoia, DCM
Tuniu.com, a China-based digital travel service, has raised $50 million in a Series C venture capital financing round from firms including Sequoia Capital, DCM and Highland Capital, as well as Japanese e-commerce major Rakuten Group.
IDC, DCM back e-commerce site
Venture capital firms IDG Capital Partners and DCM have reportedly injected $10 million for an undisclosed stake in Uya100.com, a China-based business-to-business e-commerce website the focuses on the sale of home textiles.
DCM, Sequoia and Legend link for education group
A consortium of venture capital firms comprising of DCM, Sequoia Capital China and Legend Capital, as well as Singapore’s Phoenix Fund, has invested $20 million into Beijing Man Xie Education Science and Technology, an education group established in...
VC-backed social networking giant Oak Pacific next in line for IPO
Oak Pacific Interactive is the latest VC-backed Chinese powerhouse with aspirations of a public listing in 2011, with reports suggesting that an IPO may be launched as early as the first quarter.
Chinese e-commerce giant Dangdang raises $272 million after IPO price hike
PRC e-commerce giant Dangdang Inc., after marking up its IPO price as high as $16 from a previous $11-$13, has raised $272 million by selling 17 million American Depositary Shares on the NYSE.
Book E-commerce giant DangDang sets pricing for NYSE IPO
DangDang Inc., the Beijing-based leading B2C e-commerce company in China, has set the pricing on its planned NYSE IPO at $11 to $13, as part of its plans to raise $17 million from selling American Depository Shares.
Accel, DCM, Redpoint, industry peers invest $8.9 million in Singapore's mig33
mig33, a Singapore-based company claiming to be the world's largest mobile-first community, has received $8.9 million in Series C funding led by Pak Sugiono Wiyono, an Indonesian telecom entrepreneur and GREE, Inc., Japan's leading social networking service,...
DCM, Sequoia invest Chinese online retailer Vipshop
Venture capital firms DCM and Sequoia Capital have backed Beijing-based online retailer Vipshop, investing a total of $20 million in the company's first round of financing.
VC-backed Dangdang plans $1 billion NASDAQ IPO
Dangdang, China's largest online book retailer, reportedly will debut on NASDAQ next month, aiming to raise $1 billion.
Japan's Tonchidot com gets $12 million from local, global VCs
Tonchidot Corporation., a privately-held provider of mobile augmented-reality platforms in Japan, has raised $12 million in Series B funding from local and global venture capital firms.