Tencent
Tencent leads round for Chinese rural e-commerce site
Tencent Holdings and Taiwan-based semiconductor manufacturer MediaTek have led a round of funding - reportedly worth more than $200 million - for Mmb.cn, a Chinese mobile e-commerce platform catering to rural consumers and urban migrants. Existing investor...
Tencent to buy 15% stake in JD.com ahead of IPO
Tencent Holdings has agreed to take a 15% stake in JD.com, China’s second-largest B2C e-commerce platform - which is backed by several venture capital and private equity firms - for $214.7 million.
China tech M&A: Money to burn
Chinese technology firms are becoming increasingly acquisitive, with certain players snapping up assets within months of going public. What is driving this change?
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...
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.
Tencent invests in PE-backed China South City
Chinese internet company Tencent Holdings has bought a 9.9% stake in China South City Holdings, a logistics center operator that count PAG among its investors, for HK$1.5 billion ($193 million).
CITIC PE leads Series C for China taxi booking app - report
CITIC Private Equity has reportedly led a Series C round of funding worth up to $100 million for Didi Dache, a Chinese taxi booking app. Existing investor Tencent is also among the participants.
Tencent leads Series B round for online financial site Howbuy
China internet giant Tencent Holdings has led a Series B round of funding for Howbuy.com, a Chinese online financial products platform. Existing investor Legend Capital, the corporate venture capital arm of Legend Holdings, also participated in the round....
Tencent an investor in Snapchat – report
Tencent reportedly made a minority investment in video messaging app Snapchat in June.
Tech IPOs: An issue of control
Alibaba Group wants the Hong Kong Stock Exchange to permit a bespoke IPO structure that would allow management to retain board control. By refusing, is the bourse going to forgo more China tech business?
China mobile gaming: Buy your way
China's online gaming companies are trying to extend their dominance to the growing mobile segment. Cash-rich and often publicly listed, the strategy is inorganic expansion, both at home and abroad
Groupon's China business to merge with Tencent
Group-buying website Groupon is merging its China operations, known as Gaopeng, with a similar site owned by domestic internet company Tencent Holdings. Gaopeng was created in late 2010 as a joint venture between Groupon and Tencent. The Tencent Collaboration...
Tencent backs Korean mobile messager Kakao
Tencent has teamed up Korean online games developer Wemade Entertainment to invest KRW92 billion ($80 million) in Kakoo Talk, a popular Korean mobile messaging application.
China's corporates embrace VC
Once start-ups in their own right, China’s leading technology companies are emerging are key players in the corporate venture capital space. What does it mean for incumbent investors?