Qiming Venture Partners
Qiming-backed life science firm BBI files for Hong Kong IPO
BBI Life Sciences Corporation, a Chinese genetic engineering specialist backed by Qiming Venture Partners, has filed for an IPO in Hong Kong. The company has yet to disclose the size and pricing of the offering.
VC-backed Chinese car rental firm eHi files for US IPO
EHi Car Services, a Shanghai-based car rental company backed by a string of VC investors, has filed for an IPO on the New York Stock Exchange (NYSE).
Qiming commits $10m to China car rental platform Zuzuche
Qiming Venture Partners has invested $10 million in a Series A round of funding for Zuzuche.com, a Chinese third-party car rental platform.
Cross-border e-commerce: The final frontier
Rocket Internet and Alibaba Group are preparing to go public and have ambitious growth plans. But how suited are their respective models to cross-border e-commerce expansion?
VCs back Zai Lab drug development model
Few VC firms are keen to invest in China's early-stage drug discovery space because the development cycle is long and risky. Taking a new drug from clinical testing to commercialization often takes 7-10 years and the success rate in China is less than...
Portfolio: YPX and China casual dining
YPX Cayman was born out of an idea for a tech-style start-up in China's casual dining space. Backed by a string of investors, the firm is making headway with Cloud 9 and preparing to launch new concepts
China's Zai Lab raises $30m Series A round
Qiming Venture Partners has led a $30 million Series A round of funding for Zai Lab, a Shanghai-based biotech drug developer, with participation from KPCB, Sequoia Capital and TF Capital.
Qiming leads $25m round for China job seeking site Lagou
Qiming Venture Partners has led a $25 million Series B round for Lagou.com, a Chinese job listing website focused on IT industry, with participation from Bertelsmann Asia Investment.
China’s Qiming appoints two new partners
Qiming Venture Partners has appointed two new partners, Kuantai Yeh and Jing Wu, who join from Highland Capital Partners and CITIC Private Equity, respectively.
China vacation rental site raises $100m from VC investors
Venture capital investors have committed $100 million in Series C funding to Tujia.com, a Chinese vacation-rental website. The company has now raised $164 million since inception.
China online social shopping platform Mogujie raises $200m
Mogujie, a Chinese online shopping platform and social network, has raised $200 million in a Series D round of funding led by Hopu Investments and Trustbridge Partners. Existing investors Qiming Venture Partners and IDG Capital Partners also participated.
China VCs cautious on strategic capital – AVCJ Forum
Trade sales to Chinese internet giants represent an alternative exit route for traditional venture capital players, but buyers must have a clear roadmap for developing the portfolio companies, VC investors told the AVCJ China Forum.
Morningside, Qiming invest $15m in China social networking app
Morningside Technologies and Qiming Venture Partners have committed $15 million in Series A funding to Inbilin, a Chinese voice call social networking app.
China VC: The virtuous circle
China’s VC market is evolving as funds started by or raised from founders of first-generation internet firms. Concerns about conflicts of interest must be addressed, but the influence of their ecosystems will grow
China education investment: Competitive edge
Five months into 2014 and PE activity in China’s education sector is at its highest level in six years. Wary of the issues tied to creating a large footprint, investors are picking their segments and geographies carefully
New Horizon leads $70m Series C for Arrail Dental
New Horizon Capital has led a $70 million Series C round of funding for Arrail Dental Clinic, a Beijing-based dental service provider.
China healthcare: Innovation issues
There is plenty of buzz about investment in Chinese healthcare but the pharmaceuticals segment has yet to fulfill its promise as an R&D hub. Should PE and VC investors be looking for different angles?
LanzaTech forms Asian alliance
LanzaTech is a classic example of how a disruptive technology can attract investors from different geographies. Originally from New Zealand, the company has developed a technology for converting carbon dioxide into fuel and chemical products. This kind...
Qiming raises $500m for China VC fund - update
Qiming Venture Partners has raised approximately $500 million for its fourth US dollar-denominated China venture capital fund.
SBI education fund backs China's Tutor Group
TutorGroup, a China-based online education platform that recently raised $100 million in Series B funding, has added SBI Group as a strategic investor.
Qiming leads $15m round for Chinese personal finance app developer
Qiming Venture Partners has led a $15 million round of funding for Hangzhou Wacai Science, a Chinese personal finance management mobile app developer, with participation from IDG Venture Partners and CDH Investments.
Tencent buys 20% stake in VC-backed Dianping
Tencent Holdings has paid an undisclosed sum for a 20% stake in Dianping, a VC-backed online listings provider best known as one of China’s most popular sites for restaurant reviews. The deal comes as China’s internet giants continue to broaden their...
Superangel swoops in to support Vancl
Chinese smart phone maker Xiaomi is a smash hit, valued at $10 billion in its most recent round of funding. Lei Jun, the company’s founder, is riding high. In contrast, Chen Nian (pictured), who set up online clothing retailer Vancl six years ago, is...
Jack Ma returns to school
Jack Ma was an English teacher at Hangzhou Dianzi University before he went on to found Alibaba Group. Now he has returned to the education sector to support the next generation.