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Tencent

Deal focus: Airwallex plots Asia payments expansion

Airwallex recently became Australia's newest unicorn following a $100 million Series C round, but the company's growth is largely based on an understanding of Chinese demand. Regional expansion is now the priority

  • Australasia
  • 05 April 2019
Tencent leads $297m Series B for China fresh food retailer

Yipinshengxian, a China-based fresh food discount supermarket operator, has raised RMB2 billion ($297 million) in a Series B round of funding led by Tencent Holdings.

  • Greater China
  • 29 March 2019
Chinese big data player MiningLamp raises $298m

MiningLamp Software, a big data solutions provider in China, has raised RMB2 billion ($298 million) in a Series D round of funding led by Tencent Holdings.

  • Greater China
  • 28 March 2019
Tencent leads $74m round for China crowdfunding platform

Shuidi, the operator of Shuidichou, a Chinese crowdfunding platform for patients with critical medical conditions, has raised RMB500 million ($74 million) in a Series B round of funding led by existing investor Tencent Holdings.

  • Greater China
  • 27 March 2019
Australia's Airwallex achieves unicorn status

Australian financial technology company Airwallex has received a $100 million Series C round led by DST Global at a valuation of more than $1 billion.

  • Australasia
  • 26 March 2019
South Africa's Naspers to list internet assets on Euronext

South Africa-based conglomerate Naspers plans to spin-off its internet businesses – which include stakes in Chinese giant Tencent Holdings and Indian food-ordering platform Swiggy – through a listing on Euronext in Amsterdam.

  • Greater China
  • 26 March 2019
General Atlantic, Tencent invest $31m in India’s Byju’s

Indian educational technology provider Byju’s has raised a INR2.14 billion ($31 million) round of funding from existing investors General Atlantic and Tencent Holdings.

  • South Asia
  • 22 March 2019
Chinese electronic contract services provider raises $59m

Fadada, a China-based electronic contract services provider, has raised RMB389 million ($59 million) in a Series C round of funding led by Tiger Global Management and Tencent Holdings.

  • Greater China
  • 06 March 2019
PE-backed ticketing player falls on debut after $287m HK IPO

Maoyan Entertainment, a Chinese online movie ticketing business backed by Tencent Holdings and several private equity investors, fell on its trading debut in Hong Kong following a HK$2.25 billion ($287.1 million) IPO.

  • Greater China
  • 06 February 2019
Indonesia's Go-Jek completes first phase of Series F

Google, JD.com and Tencent Holdings are among the returning investors in the first phase of the Series F round for Indonesia-based ride-hailing and delivery platform Go-Jek, which amounts to around $1 billion.

  • Southeast Asia
  • 02 February 2019
Deal focus: Medbanks brings big data to China cancer care

Medbanks raises a $59 million Series C round to update the traditional information networks that make China’s growing oncology industry tick. Quality of management has proven a critical investment factor

  • Greater China
  • 18 January 2019
Tencent-backed Weimob surges 14% on Hong Kong debut

Weimob, a Shanghai-based provider of marketing and cloud services to online merchants that is backed by Tencent Holdings and several private equity firms, has surged 14% on its first day of trading on the Hong Kong Stock Exchange.

  • Greater China
  • 15 January 2019
Chinese cancer database provider Medbanks raises $59m

Beijing and Shanghai-based Medbanks, an information service provider specializing in cancer care, has raised RMB400 million ($59 million) in Series C funding led by CLP Fund.

  • Greater China
  • 11 January 2019
Sequoia-backed Futu Securities files for US IPO

Futu Securities International, a Hong Kong-based online brokerage backed by Sequoia Capital China and Matrix Partners China, has filed to list in the US.

  • Greater China
  • 03 January 2019
Chinese online education start-up Yuanfudao raises $300m

Tencent Holdings has led a $300 million round of funding for Chinese online education start-up Yuanfudao, propelling the company to a valuation in excess of $3 billion.

  • Greater China
  • 01 January 2019
Naspers leads $1b Series H for India's Swiggy

Naspers has re-upped in Indian online food ordering and delivering platform Swiggy, leading a $1 billion Series H round of funding for the company.

  • South Asia
  • 21 December 2018
PE-backed Tencent Music gains on US debut

Chinese music streaming platform Tencent Music Entertainment Group (TME) gained 7.7% on its US trading debut, following a $1.1 billion IPO that facilitated partial exits for several investors.

  • Greater China
  • 13 December 2018
Chinese social e-commerce player raises $100m Series B

Fresh Buddy, a Chinese social e-commerce app that focuses on fresh produce, has raised a $100 million Series B round led by Genesis Capital.

  • Greater China
  • 12 December 2018
FountainVest-backed consortium makes tender offer for Amer

A consortium including FountainVest Partners and Chinese sportswear retailer Anta Sports has won board support for a EUR4.6 ($5.23 billion) tender offer for Finland-listed Amer Sports, which owns brands such as Salomon, Atomic, and Louisville Slugger.

  • Greater China
  • 09 December 2018
Tencent-backed Tongcheng-Elong gains 26% on HK debut

Tongcheng-Elong, a Chinese online travel services company backed by Tencent Holdings, Ctrip and local PE player Ocean Link, surged on its Hong Kong trading debut following a HK$1.62 billion ($207 million) IPO.

  • Greater China
  • 26 November 2018
PE-backed Chinese fashion platform Mogujie files for US IPO

Chinese online shopping and social networking business Mogujie has filed to list in the US. The company's investors include Tencent Holdings, Trustbridge Partners, and Hillhouse Capital.

  • Greater China
  • 13 November 2018
Tiger Global leads round for China online music tuition business

VIP Peilian, a Chinese online music education platform, has raised $150 million in a Series C round of funding led by Tiger Global Management.

  • Greater China
  • 06 November 2018
Qiming leads Series B-plus for China's Jingling

Chinese social e-commerce platform Jingling has closed an extended Series B round - said to be worth millions of US dollars - led by Qiming Venture Partners.

  • Greater China
  • 02 November 2018
Deal focus: XtalPi takes big pharma into the cloud

China and US-based XtalPi has raised $61 million this year from investors impressed its use of quantum physics, computational chemistry, and artificial intelligence to bring greater certainty to drug development

  • Greater China
  • 02 November 2018
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