• Home
  • News
  • Analysis
  •  
    Regions
    • Australasia
    • Southeast Asia
    • Greater China
    • North Asia
    • South Asia
    • North America
    • Europe
    • Central Asia
    • MENA
  •  
    Funds
    • LPs
    • Buyout
    • Growth
    • Venture
    • Renminbi
    • Secondary
    • Credit/Special Situations
    • Infrastructure
    • Real Estate
  •  
    Investments
    • Buyout
    • Growth
    • Early stage
    • PIPE
    • Credit
  •  
    Exits
    • IPO
    • Open market
    • Trade sale
    • Buyback
  •  
    Sectors
    • Consumer
    • Financials
    • Healthcare
    • Industrials
    • Infrastructure
    • Media
    • Technology
    • Real Estate
  • Events
  • Chinese edition
  • Data & Research
  • Weekly Digest
  • Newsletters
  • Sign in
  • Events
  • Sign in
    • You are currently accessing unquote.com via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0)870 240 8859

      Email: customerservices@incisivemedia.com

      • Sign in
     
      • Saved articles
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • RSS
    • Twitter
    • LinkedIn
    • Newsletters
  • Free Trial
  • Subscribe
  • Weekly Digest
  • Chinese edition
  • Data & Research
    • Latest Data & Research
      2023-china-216x305
      Regional Reports

      The reports review the year's local private equity and venture capital activity and are filled with up-to-date data and intelligence on fundraising, investments, exits and M&A. The regional reports also feature information on key companies.

      Read more
      2016-pevc-cover
      Industry Review

      Asian Private Equity and Venture Capital Review provides an independent overview of the private equity, venture capital and M&A activities in the Asia region. It delivers insights on investments made, capital raised, sector specific figures and more.

      Read more
      AVCJ Database

      AVCJ Database is the ultimate link between Asian dealmakers and those who provide advisory, financial, legal and technological services to the private equity, venture capital and M&A industries. It is packed with facts and figures on more than 153,000 companies and almost 117,000 transactions.

      Read more
AVCJ
AVCJ
  • Home
  • News
  • Analysis
  • Regions
  • Funds
  • Investments
  • Exits
  • Sectors
  • You are currently accessing unquote.com via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0)870 240 8859

    Email: customerservices@incisivemedia.com

    • Sign in
 
    • Saved articles
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 

Hillhouse Capital Management

expense-receipt
China’s Fenbeitong raises $140m

Chinese enterprise payment and expense management software provider Fenbeitong has raised USD 140m at a valuation of at least USD 1bn in an extended Series C round led by DST Global.

  • Greater China
  • 21 February 2022
harmay
China beauty retailer Harmay raises $200m

Harmay, a China-based omnichannel beauty products retailer, has raised USD 200m across Series C and D rounds.

  • Greater China
  • 20 January 2022
grab-ipo
Grab completes SPAC merger, sees volatile trading debut

Southeast Asia ride-hailing platform turned super app Grab experienced a tumultuous first day of trading on NASDAQ following the completion of its merger with a US-listed special purpose acquisition company (SPAC) at an enterprise valuation of $30.4 billion.

  • Southeast Asia
  • 03 December 2021
dollar-bill-money-2
Hillhouse upsizes growth fund to $5.2b

Hillhouse Investment, the buyout and growth capital unit of Asia-focused Hillhouse Group, has raised $5.2 billion for a growth equity fund, more than twice the original target.

  • Fundraising
  • 18 October 2021
mattress-bed-sleep-family
Advent sells Chinese mattress maker to Hillhouse

Advent International has sold its controlling stake in AI Dream – operator of the Serta and King Koil mattress brands in China – to Hillhouse Capital.

  • Greater China
  • 26 August 2021
pencil-eraser-school-education
China education: Opportunity erased?

Private equity investors have pumped billions of dollars into Chinese online education platforms, notably in the K-12 space. A regulatory crackdown has left them wondering how they can get their money back

  • Greater China
  • 11 August 2021
Korea's Kurly raises $200m, targets domestic listing

Korean grocery delivery platform operator Kurly has raised a $200 million Series F round at a valuation of $2.2 billion, as plans for a US IPO are scrapped in favor of a local listing.

  • North Asia
  • 13 July 2021
PE-backed China dental player files for Hong Kong IPO

Arrail Group, a leading Chinese dental chain that has raised about $400 million in private funding since 2010, has filed for a Hong Kong IPO.

  • Healthcare
  • 07 July 2021
avcj-20210630cvr-72
Weekly digest - June 30 2021

  • Region
  • 30 June 2021
mingzhu-dong-gree
China: A controversial ESOP

An employee stock ownership plan introduced alongside Hillhouse Capital’s 2019 investment in Gree Electric Appliances has raised questions about enrichment and alignment

  • Greater China
  • 30 June 2021
logistics-truck-aerial
China's Manbang trades up after $1.57b US offering

Manbang, a China trucking business that claims to be the world’s largest digital freight platform, gained 13% on debut following a $1.57 billion IPO in the US.

  • Greater China
  • 24 June 2021
kuantai-yeh-qiming
Deal focus: Content to the masses

Xiaoe Tong gained traction during the pandemic in China as channel for educational content providers, big and small, to reach their customers. It is also a SaaS player that stands firm on product standardization

  • Greater China
  • 22 June 2021
dna-genetics-02
China gene sequencing company raises $63m

QitanTech, a gene sequencing start-up also known as Qitan Technology, has raised a RMB400 million ($63 million) Series B round led by Hillhouse Capital and a VC arm of CDH Investments.

  • Greater China
  • 10 June 2021
truck-logistics-transportation
China trucking platform Manbang files for US IPO

Manbang, a China trucking business that claims to be the world’s largest digital freight platform, has filed for a US IPO. The company achieved a valuation of $12 billion in its most recent funding round six months ago.

  • Greater China
  • 31 May 2021
PE-backed JD Logistics raises $3.2b in Hong Kong IPO

JD Logistics, a supply chain solutions and logistics provider that spun out from Chinese online retailer JD.com, gained 3.3% on its Hong Kong trading debut following a HK$24.6 billion ($3.2 billion) IPO.

  • Greater China
  • 29 May 2021
weilong
China snack maker Weilong raises $549m, pursues HK IPO

China’s leading spicy snack food company Weilong has raised a $549 million pre-IPO round at a valuation of $9.4 billion and filed for a Hong Kong IPO.

  • Greater China
  • 17 May 2021
avcj-20210512cvr-72
Weekly digest - May 12 2021

  • Region
  • 12 May 2021
david-swensen
Yale's David Swensen dies aged 67

David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.

  • People
  • 07 May 2021
coronavirus-covid-vaccine-healthcare-2
Chinese COVID-19 vaccine developer Clover files for IPO

Clover Biopharmaceuticals, a Chinese pre-revenue drug developer that has raised $315 million across several funding rounds since 2011, has filed for a Hong Kong IPO.

  • Greater China
  • 27 April 2021
PE investors complete $4.6b China Biologic take-private

An investor group including Centurium Capital, CITIC Capital and Hillhouse Capital has completed its protracted pursuit of China Biologic Products Holdings with a $4.6 billion privatization.

  • Greater China
  • 22 April 2021
Southeast Asia's Grab to merge with SPAC at $30.4b valuation

Southeast Asia-focused ride hailing and local services platform Grab has agreed to go public in the US through a merger with a special purpose acquisition vehicle (SPAC) at an enterprise valuation of $30.4 billion.

  • Southeast Asia
  • 14 April 2021
China mRNA vaccine provider Abogen raises $92m

Suzhou Abogen Biosciences, a Chinese mRNA vaccine provider, has raised RMB600 million ($92 million) led by PICC Capital - an investment unit under People’s Insurance Company of China - and state-backed SDIC Venture Capital.

  • Greater China
  • 09 April 2021
cybersecurity-6
China cybersecurity player ThreatBook raises $77m

Beijing-based cybersecurity solutions provider ThreatBook has completed a RMB500 million ($77 million) Series E round led by CPE and featuring existing investor V Fund.

  • Greater China
  • 22 March 2021
fenbeitong
Hillhouse, Tencent lead Series C for China's Fenbeitong

Hillhouse Capital and Tencent Holdings have led a $92.5 million Series C round for Fenbeitong, a China-based enterprise payment and expense management software provider.

  • Greater China
  • 18 March 2021
1 2 3
  • About AVCJ
  • Advertise
  • Contacts
  • About ION Analytics
  • Terms of use
  • Privacy policy
  • Group disclaimer
  • RSS
  • Twitter
  • LinkedIn
  • Newsletters

© Merger Market

© Mergermarket Limited, 10 Queen Street Place, London EC4R 1BE - Company registration number 03879547

Digital publisher of the year 2010 & 2013

Digital publisher of the year 2010 & 2013