IDG Capital Partners
CDH leads $120m round for China AI player Sense Time
CDH Investments has led a $120 million Series B round of funding for Sense Time, a Chinese artificial intelligence (AI) and deep learning technology start-up.
Cassia backs $40m investment in China retail
Cassia Investments has supported Japanese clothing maker Evisu Group's $40 million buy-back of its China retail and franchising rights.
VC-backed China photo app provider raises $629m in Hong Kong IPO
Meitu, a Chinese photo and community app provider driven by the selfie phenomenon, raised HK$4.88 billion ($629 million) in its Hong Kong IPO, securing liquidity events for several venture capital investors.
China online dancing content app Tangdou raises $20m
Tangdou.com, a Chinese online platform through which users can share their dancing experiences and join recreational dance groups, has completed a $20 million Series B round of funding across two tranches.
IDG, Promethus invest $30m in China’s KR Space
IDG Capital Partners and Prometheus Capital have invested RMB200 million ($30 million) in an extended Series A round of funding for KR Space, a provider of collaborative workspaces for Chinese start-ups
VC-backed Chinese snack maker targets $427m HK IPO
Zhou Hei Ya, a Chinese mass-market braised food producer backed by IDG Capital Partners and Tiantu Capital, is looking to raise up to HK$3.3 billion ($427 million) through a Hong Kong IPO.
China fundraising: Joining forces
The Everbright-IDG Industrial Fund is one example of investors joining forces to address the investment opportunities created by China's evolving economy. Are two heads really better than one?
IDG, Walden lead $65m round for US-China AI start-up
IDG Capital Partners and Walden International have led a $65 million Series B funding round for US and China-based artificial intelligence (AI) and robotics company Rokid.
JD Finance leads $30m round for China's Microseer
JD Finance, the financial subsidiary of Chinese online retailer JD.com, has led a $30 million Series B round for Microseer, a Shanghai-based human resources and IT outsourcing services start-up.
Everbright-IDG fund invests $297m in China UnionPay Merchant
China Everbright (CEL) and IDG Capital Partners have acquired a 9.3% stake in China UnionPay Merchant Services (UMS), a third-party payment provider, for RMB2 billion ($297 million).
Meituan-Dianping acquires VC-backed Chinese payment player
Meituan-Dianping, the China-based online-to-offline (O2O) services platform created through the merger of two rival groups, has agreed to acquire Qiandaibao, a VC-backed point-of-sales (POS) mobile payment start-up.
Deal focus: IDG, CEL play movie industry long game
In acquiring a controlling stake in Shanghai Film Art Academy, the IDG-Everbright M&A Investment Fund is looking to support the next generation of Chinese filmmakers
IDG-Everbright fund buys Shanghai Film Art Academy
China Everbright (CEL) and IDG Capital Partners have acquired a controlling stake in the Shanghai Film Art Academy for an undisclosed sum.
UOB Venture leads $30m round for China’s HunterOn
UOB Venture Management (UOBVM), a subsidiary of Singapore’s United Overseas Bank, has led a RMB200 million ($30 million) Series C round for HunterOn, a Chinese online recruitment services provider.
China mobile app testing platform Testin raises $30m
Testin, a China-based mobile app testing service provider, has completed a $30 million round of funding led by an undisclosed US dollar-denominated venture fund.
IDG-backed group submits revised bid for China's KongZhong
IDG Capital Partners and the chairman of KongZhong Corporation have submitted a revised take-private bid for the US-listed Chinese online game developer worth approximately $338 million.
China’s Suning invests in VC-backed VR camera maker
Insta360, a Shenzhen-based virtual reality (VR) camera maker backed by several VC investors, has received an undisclosed sum of funding from Chinese electronics retailer Suning Commerce Group.
VC-backed app developer Meitu files for Hong Kong IPO
Chinese mobile internet company and photo app provider Meitu has filed for a Hong Kong IPO, offering potential exits to investors including IDG Capital Partners and Qiming Venture Partners.
China football: Game of two halves?
Chinese investors are showing increased interest in international football clubs, hoping to profit off their growing domestic fanbases
China’s IDG to acquire 20% of France-based Olympique Lyonnais
China’s IDG Capital Partners has agreed to take a 20% stake in OL Groupe, the holding company of French football club Olympique Lyonnais, for a total of EUR100 million ($112 million).
IDG-backed Chinese group agrees buyout from Germany's Osram
IDG Capital partners has led a consortium to buy Ledvance, the lamps business of German lighting manufacturer Osram, for more than EUR400 million ($440 million).
IDG Capital Partners closes $1b China VC fund
IDG Capital Partners has closed its latest China-focused venture capital fund at $1 billion, in partnership with Silicon Valley-based Breyer Capital.
China Everbright, IDG launch $3b M&A fund
China Everbright (CEL) and IDG Capital Partners have launched a joint M&A investment fund of at least RMB20 billion ($3 billion) in size that will support the growth of companies in China and overseas.
Deal focus: IDG backs Circle’s payments play
Circle is ready to test its blockchain-based online peer-to-peer payments platform in China, with support from a string of local financial and strategic investors