Legend Capital
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.
China's Mbaobao.com gets $30 million from DCM and Legend Capital
PRC online trading site operator Mbaobao.com has raised $30 million from DCM and Legend Capital, both VC firms with strong presences in China.
Goldman Sachs-led consortium injects another $70 million in PRC rent-a-car business
Goldman Sachs Group has reportedly led a consortium of growth-capital investors to inject $70 million in eHi Car Rental Co., a Shanghai-based car rental chain operator which recently raised around RMB1 billion ($147 million) from investor groups, including...
Legend Capital invests in Yixintang Drugstore and eBen
Beijing-headquartered VC firm Legend Capital reportedly aims to invest RMB150million ($22 million) in Yixintang Drugstore, the seventh-largest drugstore chain operator in China, to support its expansion in the region.
Legend Capital plans RMB fund
Legend Capital, the VC investment arm of PRC computer pioneer Lenovo Group, is planning to raise an RMB1 billion ($146 million) fund this year, according to MD and co-founder Chen Hao.