Jeneration Capital
China fitness app Keep pursues Hong Kong listing
Keep, a China-focused fitness app operator backed by the likes of GGV Capital, SoftBank Vision Fund 2, and 5Y Capital, has filed for a Hong Kong IPO.
China's Miss Fresh brings in state backer at knock-down valuation
Chinese online grocery delivery platform Miss Fresh, which went public on NASDAQ 12 months ago with a market capitalisation of around USD 3bn, has sold a minority stake to a state-owned enterprise at a valuation of USD 90m.
Hong Kong crypto player Babel hits $2b valuation
Hong Kong-based Babel Finance, which claims to be the world’s leading wholesale crypto financial services provider, has raised USD 80m in Series B funding at a valuation of USD 2bn.
Tiger Global leads $50m round for China's DataCloak
China-based cyber security start-up DataCloak has raised $50 million in an extended Series B round led by Tiger Global Management. Existing investors Matrix Partners China, Jeneration Capital, GL Ventures and GSR Ventures re-upped.
Deal focus: Deeproute founder jumps at second chance
Deeproute.ai has risen from the ashes of China-based autonomous driving specialist Roadstar.ai, backed by some of the same investors. Now Alibaba Group has given the company its endorsement
Alibaba leads $300m round for China's DeepRoute.ai
Alibaba Group has led a $300 million Series B round for DeepRoute.ai, a Chinese autonomous driving technology developer currently running a robotaxi program in downtown Shenzhen.
China's Miss Fresh raises $273m in US IPO, drops on debut
Chinese online grocery delivery platform Miss Fresh raised $273 million through its US IPO, but the company endured a difficult debut and continues to trade well below the offering price.
China grocery players Dingdong, Miss Fresh file for US IPOs
Competing Chinese online grocery delivery platforms Dingdong Macai and Miss Fresh, recipients of more than $3 billion in aggregate private funding, have both filed to list in the US.
Alibaba, DST lead Series D for China's Nice Tuan
Alibaba Group and DST Global have led a $750 million Series D round for Shihuituan, a China-based community group buying platform also known as Nice Tuan.
Chinese fitness app Keep raises $360m
Keep, a Chinese mobile app that provides fitness training programs, has raised $360 million in Series F funding led by SoftBank Vision Fund.
Hillhouse leads $28m round for China's DataCloak
DataCloak, a Shenzhen-based start-up that helps companies install data security systems on devices used by employees, has raised a $28 million Series B round led by Hillhouse Capital.
Alibaba, Jeneration lead $196m round for China's Nice Tuan
Shihuituan, a China-based community group buying platform also known as Nice Tuan, has raised $196 million in the third tranche of a Series C round led by Alibaba Group and Jeneration Capital.
Deal focus: PingCap puts its head in the cloud
Real-time analytical support and limitless scale underpin the rise of Chinese cloud database provider PingCap. Will it be part of a new breed of local enterprise software giants?
China cloud database specialist PingCap raises $270m
PingCap, a China cloud database service provider, has raised a $270 million Series D round led by GGV Capital, Access Technology Venture, Anatole Investment, Jeneration Capital and 5Y Capital.
Chinese home fitness app raises $80m Series E
Keep, a Chinese mobile app that provides fitness training programs, has raised $80 million in Series E funding led by Jeneration Capital.
Jeneration leads round for China data security provider
DataCloak, a Shenzhen-based data security start-up that employs the zero-trust approach, has raised $13 million in Series A funding led by Jeneration Capital.
China's Haoqipei gets $60m Series D
Haoqipei, the operator of a B2B auto parts trading platform in China, has closed a $60 million Series D round led by Access Technology Ventures, with plans for a domestic expansion.
Venture capital: The battle to be different
VC fundraising has been on a roll in Asia as managers raise larger sums to address fast-growing investment opportunities. GPs must consider what – and how much – makes them stand out from the crowd
Investors seek new openings as China tech matures – AVCJ Forum
Investors in China’s technology space must learn to play contrarian angles as consumer-facing segments become increasingly difficult to penetrate.
Deal focus: Miss Fresh showcases future of e-commerce
With $450 million in new funding, Chinese online grocer Miss Fresh plans to build out its supply chain operation and underline its credentials as a new-generation e-commerce player
Tencent, Goldman join $450m round for China’s Miss Fresh
Miss Fresh, a Chinese e-commerce platform specializing in fresh produce, has raised a $450 million round co-led by Tencent Holdings, Goldman Sachs, Jeneration Capital, and US-based Davis Selected Advisers.
Uxin trades up on debut after $225m US IPO
Chinese used car trading platform Uxin Group gained 10% on its first day of trading on NASDAQ following a $225 million IPO that was scaled back in terms of size and pricing.
China used car trading business Uxin files for US IPO
Uxin Group, a Chinese e-commerce platform that specializes in used-car trading and related services, has filed for a US IPO. Jeneration Capital, Warburg Pincus, and Tiger Global Management are among the company’s PE backers.