GP Capital, a Shanghai-based investment firm backed by state-owned Shanghai International Group, has led a RMB200 million (US$29 million) series …
Youjin Capital Co-Leads $73M Round In Chinese Used-Car Auction Platform Chezhibao
Shenzhen-based venture firm Youjin Capital and Jiangsu One Belt One Road Investment Fund have led a RMB500 million (US$73 million) …
China Merchants Securities Co-Leads $160M Round In Cloud Firm QingCloud
Beijing-based enterprise cloud services provider QingCloud has raised a RMB1.08 billion (US$160 million) series D round from investors including China …
YY Inc Leads $70M Round In Tinder's China Copycat Tantan
NASDAQ-listed Chinese online social entertainment firm YY Inc. has reportedly led a US$70 million series D round in Tantan, a …
Fosun Leads $14M Round In Chinese Cloud Computing Firm CloudCare
Chinese conglomerate Fosun Group has led a nearly RMB100 million (US$14 million) series C round in CloudCare, a Shanghai-based cloud …
Muddy Waters Reveals Short Position In Chinese Furniture Maker Man Wah Holdings
Shares of Chinese furniture maker Man Wah Holdings Ltd. fell 10% in Hong Kong after short seller Muddy Waters founder …
PICC Invests $353M In Chinese Chauffeured Car Service Firm Ucar
PICC Asset Management, a subsidiary of People's Insurance Company of China Ltd., has made a RMB2.4 billion (US$353 million) strategic …
Alibaba Expands Equity Stake In Retail Management Solution Firm Baison
Alibaba Group Holding Ltd. has agreed to acquired ten million shares of Shanghai Baison Software Co., Ltd, a retail management …
China's Fortune Fountain Capital To Acquire French Luxury Crystal Retailer Baccarat
Fortune Fountain Capital, a financial group established by the Wang Xizhi family of Hong Kong and Mainland China, has made …
Shunwei Co-Leads $50M Round In Last-Mile Delivery Firm Shansong
Shunwei Capital, an investment firm co-founded by Chinese billionaire entrepreneur Lei Jun, and retailer Beijing Hualian Group have jointly led …
China's Bright Food To Acquire New Zealand Dairy Company
China's Bright Food (Group) Co., Ltd., a Shanghai-based state-owned food industry conglomerate, has announced the acquisition of New Zealand Dairy …
Warburg Leads $120M Round In Chinese Online Education Firm Yuanfudao
Global private equity giant Warburg Pincus has led a US$120 million new funding round in Yuanfudao, a K-12 online learning …
Minsheng Investment Leads $262M Pre-IPO Round In P2P Lender Tuandaiwang
China Minsheng Investment Group has led a RMB1.8 billion (US$262 million) pre-IPO investment round in Chinese peer-to-peer lending company Tuandaiwang, …
Faraday Future Reportedly Seeks $1B To Protect Itself From LeEco Cash Crunch
Faraday Future, a Los Angeles based smart electric car company backed by Jia Yueting, founder of Chinese technology conglomerate LeEco, …
Alibaba, Ant Financial Said To Lead $1B Round In China Online Food Delivery Start-up Ele.me
Alibaba Group Holding Ltd. and its financial services affiliate Ant Financial plan to lead a US$1 billion funding round in …
CITIC Capital, Humanwell Healthcare To Buy Austrialian Condom Maker For $600M
CITIC Capital Holdings Ltd. and Hubei province-based Humanwell Healthcare Group Co., Ltd. has agreed to acquire Australia stock exchange-listed Ansell …
Co-Working Space Firms UrWork, 5Lmeet Raise $116M From Beijing Xingpai
Beijing Xingpai Group, a Chinese conglomerate engaged in the sports, real estate and investment businesses, has led a RMB800 million …
Industrial Securities Leads $140M Round In Chinese Live Streaming Firm Panda TV
Chinese brokerage firm Industrial Securities Co. has led a RMB1 billion (US$140 million) series B round in Panda TV, a …
Tian Ge Interactive Invests $14M In Chinese Live Streaming Platform Huajiao
Hong Kong-listed Tian Ge Interactive Holdings Ltd., a Hangzhou-based live social video platform, have made a RMB100 million (US$14 million) …
CCB International Co-Leads $100M Round In Chinese Mobile App Maker Chubao
CCB International, an investment unit owned by China Construction Bank, and Chinese venture firm HG Capital have led a US$100 …
CBC Capital Leads $20M Round In Chinese Enterprise Services Firm Cloudwise
CBC Capital has led a US$26 million series C round in Cloudwise, a Beijing-based solution provider for cloud application performance …
CITIC Capital Leads $17M Round In Energy Saving Firm China Great Wall Environment Improving
CITIC Capital has led a RMB120 million (US$17 million) series B round in China Great Wall Environment Improving Co., Ltd, …
Everbright-IDG Fund Leads New Round In Cross-Border E-Commerce Firm Wish.Com
Everbright-IDG Industrial Fund, an investment vehicle jointly established by China Everbright Ltd and IDG Capital, has led a series F …
Hillhouse Capital Leads $55M Round In Chinese AI Firm Yitu Technology
China-focused investment firm Hillhouse Capital Group has led a RMB380 million (US$55 million) series C financing round in Yitu Technology, …
Tencent, Baidu Join $580M Round In Chinese Online Car Financing Platform Yixin
Yixin Capital, an online automobile financing platform backed by Tencent Holdings Ltd, Baidu Inc., JD.com and BitAuto Holdings Ltd, has …
Chinese Marketing Firm Shunya To Acquire Video Streaming App Inke
Shunya International Brand Consulting (Beijing) Co., Ltd, a marketing and communications services firm, has agreed to acquire over 50% of …
Tencent Leads $54M Round In US Mobile Music App Developer Smule
Chinese Internet giant Tencent Holdings Ltd. has led a US$54 million funding round in Smule, a San Fransisco-based mobile music …
BOC International Leads $29M Round In Chinese Gold Trading Firm G-Banker
Bank of China's BOC International Holdings Ltd. has led a RMB200 million (US$29 million) series C round in a Chinese …
CMB International Leads Investment In Chinese Culture And Media Group Star48
CMB International Capital Management, a unit of China Merchants Bank, has led a series C round in Shanghai Star48 Culture …
Hillhouse Capital Joins $550M Round In Singapore Online Game Developer Sea
Sea Ltd., a Singaporean online game developer formerly known as Garena Interactive Holding Ltd, has raised a US$550 million funding …
Jumei To Invest $43.5M In Chinese Power Bank Rental Firm Jiedian
Jumei International Holdings Ltd., a Chinese beauty products e-commerce platform, has acquired an equity interest in Shenzhen Jiedian Technology Co., …