Suzhou Ventures Group
Oriza, Tencent, Alibaba join CMC investment platform
Oriza Holdings, Tencent Holdings and Alibaba Group have jointly committed RMB10 billion ($1.6 billion) to CMC Holdings, a new investment platform launched by Ruigang Li, founder of Chinese media-focused private equity firm CMC Capital Partners.
Oriza, SF Express invest $80m in China Wi-Fi operator
Oriza Holdings and SF Express, a Chinese logistics company, have led an $80 million Series A round of funding for 100MSH, a start-up that provides public Wi-Fi networks to commercial operators.
China travel site 17u raises $82m from Tencent, Boyu, Oriza
Chinese online travel agency 17u.cn has received a RMB500 million ($82 million) round of investment from Tencent Holdings, Boyu Capital and Oriza Holdings.
China’s fund-of-funds experiment
China has started to witness the emergence of renminbi-denominated fund-of-funds, but only a few institutional and individual investors appreciate their investment philosophy