DealShot: CITIC, Source Code Join $45M Round In China’s Mobile Phone Recycling Firm Huishoubao

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China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.

Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.

CompanyRoundAmountLead InvestorParticipantsCompany Intro   
iLeshouSeries AUS$4.5 millionS. F. ExpressiLeshou is a logistics company which mainly focuses on China's campus market.
Zealfi FinanicalSeries BUS$9 millionAmeba CapitalZealfi Finanical is a Hangzhou-based fintech company, providing risk control solutions for financial institutions, as well as short-term loans to individuals.
TujiaSeries EUS$300 million All-Stars Investment, CtripChina Renaissance’s New Economy Fund, Glade Brook Capital, G Street is a Chinese short-term vacation home rental platform. Its service network now covers 345 domestic destinations and 1,037 foreign destinations, with over 650,000 online listings.
Tongdun Technology Series CUS$72.8 millionCinda Sinorock, Tiantu Capital, Temasek HoldingsAdvantech CapitalTongdun Technology is a Hangzhou-based fintech company specializing in risk control. Its products target various industries including banking, non-bank microfinance, insurance, funds, payment, gaming, social networks and live video streaming.
HuishoubaoSeries BUS$45 millionStrait Capital Investment GroupSource Code Capital, SMC Capital China, CITIC Capital, Chengwei CapitalHuishoubao is a Shenzhen-based smartphone recycling company. The start-up claims that it collects millions of secondhand smart phones each year.
UsanAngel RoundUS$4.5, Focus Media, 9fbank.comUsan is a Chinese umbrella sharing service provider. It has placed over 100,000 umbrellas in Shanghai, Suzhou and Nanjing. Users can borrow the umbrella by scanning QR code.
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