Xiaomi
AVCJ Awards 2015: Deal of the Year - Early Stage Technology: Ninebot
China-based electric scooter manufacturer Ninebot made an aggressive move into the US with the purchase of Segway. VCs were happy to support the deal
Shunwei raises $1b for third China VC fund
Shunwei Captial Partners, a Chinese VC firm set up by Lei Jun, the founder of mobile phone brand Xiaomi, has closed its third US dollar-denominated VC fund at $1 billion.
DST executive joins China's Xiaomi as CFO
Chinese smartphone maker Xiaomi has appointed Shou Zi Chew, formerly a partner at DST Global, as its chief financial officer.
Ratan Tata buys stake in China’s Xiaomi
Ratan Tata, chairman emeritus of the company that controls Tata Group, has invested an undisclosed sum in VC-backed Xiaomi, the first investment by any Indian in the Chinese smart phone maker.
Investec Bank leads $84m round for China P2P lending site
South African-based Investec Bank has led an $84 million Series C round of funding for Jimubox, a Chinese peer-to-peer (P2P) online lending platform, with participation from Haitong Kaiyuan, a PE arm of Haitong Securities.
China’s Ninebot raises $80m, acquires Segway
Ninebot, a China-based electric scooter manufacturer, has bought its US-based rival Segway for an undisclosed sum and raised $80 million in Series A funding.
Dianping secures $850m pre-IPO round
Having raised $850 million - the largest disclosed round for a Chinese tech start-up so far this year – in a matter of months, Dianping is now thought to be nearing an IPO. The investment values the 12-year-old company, described as a Chinese version...
Investors commit $850m to China’s Dianping
Dianping, one of China’s most popular sites for restaurant reviews and group-buying services, has received a $850 million round of investment that values the start-up at $4.05 billion.
Shunwei closes first RMB fund at $160m
Shunwei Capital Partners, a Chinese VC firm set up by Lei Jun, a founder of mobile phone maker Xiaomi, has closed its first renminbi-denominated fund at RMB1 billion ($160 million).
Chinese radio mobile app raises $20m Series C round
Lizhi.FM, a Chinese radio broadcasting mobile app, has raised $20 million in a Series C round of funding from Chinese smart phone manufacturer Xiaomi and Shunwei Capital Partners.
Cheetah Mobile plans fund to support Taiwan start-ups
Cheetah Mobile, formerly Kingsoft Corporation’s internet security software division, plans to set up a NT$100 million ($3.1 million) fund to invest in Taiwan-based mobile internet start-ups.
China’s Xiaomi confirms $1.1b funding round
Chinese smartphone maker Xiaomi has raised $1.1 billion further round led by Hong Kong-based All-Stars Investment. DST Advisors, Singapore’s GIC Private, Hopu Investment Management and Yunfeng Capital have also participated.
China's Xiaomi, Kingsoft back IP investment fund
Chinese mobile phone maker Xiaomi and software developer Kingsoft will participate as LPs in a RMB200 million ($32.5 million) fund that will make investments related to intellectual property.
Banyan leads $35m round for Chinese wearables maker
Banyan Capital has led a $35 million Series B round of funding for Huami, a Chinese start-up that manufactures fitness wearables launched by smart phone maker Xiaomi.
Xiaomi, Temasek, Kingsoft to invest in China’s 21Vianet
Software giant Kingsoft Corporation, smart phone maker Xiaomi and Singapore’s Temasek Holdings have agreed to invest $296 million in 21Vianet, a Chinese internet data center provider.
Chinese investors join $40m round for Misfit Wearables
GGV Capital, Shunwei Venture Partners, smart phone maker Xiaomi and online retailer JD.com have participated in a $40 million Series C round of funding for Misfit Wearables, which manufactures wearable devices that track health and fitness.
Xiaomi, Shunwei to invest $300m in Baidu-controlled iQiyi
Chinese smart phone maker Xiaomi and Shunwei Capital – a VC firm set up by Xiaomi co-founder and super angel investor Lei Jun – will invest $300 million in iQiyi, a video platform owned by Baidu.
China’s Xiaomi commits $14m to GPS firm Careland
Chinese VC-backed smart phone maker Xiaomi has invested RMB84 million ($14 million) in Careland Information System, a Shenzhen-based GPS mapping technology developer.
Xiaomi Ventures backs China health products maker
Xiaomi Ventures, a corporate VC unit of Chinese mobile phone maker Xiaomi, has paid $25 million for a 20% stake in iHealth, an offshore unit of healthcare electronics maker Andon Health.
Xiaomi, Shunwei lead $37m round for China P2P lending site Jimubox
Chinese smart phone maker Xiaomi and Shunwei Capital Partners, both founded by Chinese angel investor Lei Jun, have jointly led a $37.2 million Series B round of funding for Jimubox, a peer-to-peer (P2P) lending start-up in China.
VC-backed Xunlei to buy storage business from Kingsoft
Xunlei, a Chinese file-sharing service backed by a string of VC firms, will pay $33 million to acquire a personal storage business unit owned by Kingsoft Corporation.
VC-backed Xunlei jumps 24% on debut after $88m IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, saw its stock gain 24% on its first day of trading on NASDAQ following a $88 million IPO.
VC-backed Xunlei sets terms for $92.5m US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, is seeking to raise up to $92.5 million through its US IPO.
Xiaomi Ventures invests in Kingsoft gaming unit Westhouse
Xiaomi Ventures, a corporate VC unit of Chinese mobile phone maker Xiaomi, has invested $20 million in Westhouse Group, a game developer controlled by Kingsoft Corporation.