Chinese private equity firm JD Capital claimed it is not in the business of private equity in order to enter a planned innovation market in the country's New Third Board, attracting regulator examination and industry controversy.
China Everbright Ltd. (CEL) has teamed up with IDG Capital Partners to jointly launch a M&A investment fund in China with RMB20 billion (US$3 billion) total committed capital to help mature Chinese companies grow and scale, says a company announcement.
Sequoia Capital, Matrix Partners, 500 Startups, virtual reality (VR) firm HTC and dozens of other investors have formed a Virtual Reality Venture Capital Alliance, aiming to invest US$10 billion in the VR and augmented reality (AR) sectors globally.
China Logistics Property Holdings, formerly known as Shanghai Yupei Group with backings from RRJ Capital, Temasek Holdings and the Carlyle Group, has attracted Anbang Insurance and Sino-Ocean Group as cornerstone investors for a planned Hong Kong IPO, according to media reports.
Human bodies can live up to 250 years. Afterwards, brains can be transferred to computers, allowing eternal life in a digital heaven. And this will happen during your lifetime.
Tianfeng Securities has led a series B round in Blue Whale Media, an online business media start-up, with participation from Xiaomi Inc., Cheetah Mobile and other unnamed investors.
Despite horrid pollution and congestion, Chinese cities might become "smarter" than any other city in the world.
Intel Capital has appointed four new managing directors, including naming Anthony Lin (pictured) as head of the Greater Asia region, the firm announced in an email today.
China’s sovereign wealth fund China Investment Corp. is to appoint Shanghai’s deputy mayor Tu Guangshao (pictured) as its new general manager, replacing 60-year-old Li Keping who is retiring after heading the entity for the past two years, Chinese state media reported.
Matrix Partners China, NEA and Greylock Partners have invested US$20 million in a Chinese business data analytics start-up GrowingIO, the company announced today.
China Mobile Innovative Business Fund (Shenzhen) Partnership has led a US$100 million series D round in Beijing-based mobile Internet recruitment service provider Liepin.com, the company announced today.
A venture unit of China Merchants Group has led a RMB70 million (US$10.5 million) series C round in BroadLink, a Platform as a service (PaaS) start-up for the Internet-of-Things (IoT) sector.
Vision Plus Capital, Sequoia Capital, Wang Sicong and Luoji Siwei have invested US$25 million in a series A round for audio-based knowledge sharing platform Fenda.
Two years after buying Chinese fast food restaurant chain Da Niang Dumplings, CVC Capital Partners is reportedly in the process to sell the company amid mismanagement accusations and declining performance, Chinese media reported.
Lightspeed China Partners has closed its third U.S. dollar fund securing US$260 million, and a debut RMB fund with total capital commitments of RMB500 billion (US$75 million), the company announced.
A management buyout deal backed by Boyu Capital and Hillhouse Capital was unable to reverse course of China's Autohome Inc.'s sale to Ping An Insurance Group.
China Everbright Ltd.'s RMB Mezzanine Fund has completed an undisclosed investment in Chinese investment holding company Neusoft Holdings, aimed at helping the company expand in the healthcare sector, according to a company announcement.
A well-known start-up with venture backing from Alibaba Group Holdings and New Horizon Capital is in the process of liquidation, potentially signaling the beginning of a wave of bankruptcies for venture-backed start-ups in China.