Tencent
China online grocery retailer Miss Fresh gets $100m Series C
Chinese online grocery retailer Miss Fresh has raised $100 million in a Series C round of funding jointly led by Lenovo Capital and Zheshang Venture Capital.
China tech players in SE Asia: Strategic outpost
Chinese internet companies increasingly see Southeast Asia as a market that can help counterbalance slowing growth back home. For certain business models, it is an expensive and time-consuming process
India's Practo gets $55m round led by Tencent
China's Tencent Holdings has led a $55 million Series D round for Indian clinic management software and doctor search portal developer Practo.
Tencent leads $40m round for China CRM platform Xiaoshouyi
Xiaoshouyi, a China VC-backed customer relationships management (CRM) platform, has raised a RMB280 million ($40 million) Series D round of funding led by Tencent Holdings.
Capital Today leads $100m round for China Q&A platform Zhihu
Capital Today has led a $100 million Series D round of funding for Zhihu, a Chinese question-and-answer platform similar to US-based Quora.
Tencent forms alliance with Thailand's VC-backed Ookbee
Chinese internet giant Tencent Holdings has teamed up with Thailand-based Ookbee, a VC-backed digital magazine platform, to pursue growth opportunities in Southeast Asia’s online media space.
Warburg Pincus, Tencent lead $215m round for China's Mobike
Chinese bike-sharing start-up Mobike has received $215 million in Series D funding, led by domestic internet giant Tencent Holdings and Warburg Pincus. The company now claims to be the best funded participant in its industry globally.
GIC, Tecent, NavInfo to take mapping business Here into China
Singapore’s GIC Private has teamed up with China’s Tencent Holdings and NavInfo – a digital maps and location services provider backed by Tencent – to acquire a 10% stake in Here, a US-headquartered open location company.
China truck logistics platform Huochebang raises $115m
Chinese online truck logistics platform Huochebang has raised $114.68 million in an initial Series B round of funding led by the International Finance Corporation (IFC) and All-Stars Investment.
China’s Bona Film receives $360m after PE-backed privatization
Chinese film distributor Bona Film Group, which was taken private eight months ago by a consortium of PE investors and company management, has raised a RMB2.5 billion ($360 million) round led by existing shareholders Alibaba Pictures and Tencent Holdings.
Chinese part-time jobs platform gets $40m Series C round
Doumi, a China-based platform that helps people find part-time jobs, has raised $40 million in Series B funding from Hillhouse Capital, Tencent Holdings, Baidu, and food and agribusiness conglomerate New Hope Group.
PE investors commit $850m to Tencent's Supercell acquisition
CITIC Capital and several domestic investment funds have contributed $850 million to Tencent Holdings’ acquisition of a majority stake in Finland-based mobile game developer Supercell.
India's MakeMyTrip to buy Naspers, Tencent-backed ibibo
Indian online travel agent MakeMyTrip has agreed to merge with rival booking portal ibibo Group, which is backed by South African internet conglomerate Naspers Group and China's Tencent Holdings, in an all-stock deal.
Hillhouse, Warburg, Tencent lead round for China’s Mobike
Shanghai-based bike rental service start-up Mobike has raised a Series C round of funding led by Hillhouse Capital, Warburg Pincus and Tencent Holdings.
China’s PE-backed Tongcheng merges with Wanda Tourism
Chinese conglomerate Dalian Wanda Group has spun out its travel-related assets and merged them with a subsidiary of Tongcheng Network Technology, a PE-backed online travel platform. The aim is to create China's largest online-to-offline (O2O) travel business.
Tencent, Foxconn lead $175m round for India's Hike
Chinese internet giant Tencent Holdings and manufacturer Foxconn Technology Group have led a $175 million funding round for Indian mobile messaging app Hike.
Tencent leads round for China's VC-backed Keep
Tencent Holdings has led an undisclosed Series C+ round of funding for Chinese fitness app operator Keep.
China’s Douyu TV raises further $226m
Douyu TV, a Chinese online platform that features live videos of people playing games, has raised a RMB1.5 billion ($226 million) Series C round of funding led by Phoenix Investments and existing investor Tencent Holdings.
China’s Tencent, PCCW invest in PE-backed STX Entertainment
China’s Tencent Holdings and Hong Kong-based telecom company PCCW have made equity investments in STX Entertainment, a Hollywood film and TV studio backed by Hony Capital and TPG Capital's growth arm.
Chinese internet giants invest $550m in Bitauto unit
Tencent Holdings, Baidu and JD.com have invested $550 million in China-based auto financing platform Yintai Capital. The business was launched by Bitauto, which previously received funding from the three internet companies as well as from PAG Capital.
Ride-hailing app Didi Chuxing to acquire Uber China
Didi Chuxing, the leading ride-hailing app operator in China, has announced that it will acquire Uber's local operation, ending a costly battle between the two unprofitable businesses. Both companies have received substantial private equity and strategic...
China big data start-up gets $30m Series C
Yonghong Tech, a Chinese big data analytics software provider, has raised RMB200 million ($30 million) in Series C funding from Tencent Holdings’ VC unit, Yuansheng Capital, Oriental Fortune Capital, and Matrix Partners.
Suning, Tencent invest in China VC-backed cosmetic surgery app
Gengmei, a Chinese cosmetic surgery social networking app backed by several VC investors, has raised an undisclosed amount of Series C funding from Chinese companies Suning Commerce Group and Tencent Holdings.
China's Didi Chuxing raises $7.3b in equity, debt financing
Didi Chuxing, China’s leading ride-hailing app operator, has raised $7.3 billion in new funding, comprising $4.5 billion in equity and $2.8 billion in debt. The round is said to value the company in excess of $25 billion.