China Money Network https://www.chinamoneynetwork.com Daily News on China's Venture Capital, Private Equity and Institutional Investment Industry Mon, 26 Jun 2017 02:13:14 +0000 en-US hourly 1 https://wordpress.org/?v=4.8 https://www.chinamoneynetwork.com/wp-content/uploads/cmn-icon-red-transparent-300x300-45x45.png China Money Network https://www.chinamoneynetwork.com 32 32 Hillhouse Capital's Zhang Lei Establishes US$43M Education Fund For Renmin University https://www.chinamoneynetwork.com/2017/06/26/hillhouse-capitals-zhang-lei-establishes-us43m-education-fund-for-renmin-university https://www.chinamoneynetwork.com/2017/06/26/hillhouse-capitals-zhang-lei-establishes-us43m-education-fund-for-renmin-university#respond Mon, 26 Jun 2017 02:13:14 +0000 https://www.chinamoneynetwork.com/?p=69973 Zhang Lei, founder and CEO at Hillhouse Capital, has donated RMB300 million (US$43 million) to his alma mater Renmin University …


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Fosun Unit Leads Series A Round In Chinese AI Chip Maker Westwell Lab https://www.chinamoneynetwork.com/2017/06/23/fosun-unit-leads-series-a-round-in-chinese-ai-chip-maker-westwell-lab https://www.chinamoneynetwork.com/2017/06/23/fosun-unit-leads-series-a-round-in-chinese-ai-chip-maker-westwell-lab#respond Fri, 23 Jun 2017 10:02:06 +0000 https://www.chinamoneynetwork.com/?p=69955 A unit of Chinese conglomerate Fosun Group has led a series A financing round in Westwell Lab, a Shanghai-based artificial …


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Chinese Bike Sharing Firm Mobike Rumored To Acquire Smaller Peer UniBike https://www.chinamoneynetwork.com/2017/06/23/chinese-bike-sharing-firm-mobike-rumored-to-acquire-smaller-peer-unibike https://www.chinamoneynetwork.com/2017/06/23/chinese-bike-sharing-firm-mobike-rumored-to-acquire-smaller-peer-unibike#respond Fri, 23 Jun 2017 04:48:52 +0000 https://www.chinamoneynetwork.com/?p=69933 Mobike is in the process of acquiring a smaller peer, Xiamen city-based UniBike, for an undisclosed amount of money; the …


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Sina Weibo, AcFun Among Firms Required To Shut Down Online Video Operations https://www.chinamoneynetwork.com/2017/06/23/sina-weibo-acfun-among-firms-required-to-shut-down-online-video-operations https://www.chinamoneynetwork.com/2017/06/23/sina-weibo-acfun-among-firms-required-to-shut-down-online-video-operations#respond Fri, 23 Jun 2017 03:34:27 +0000 https://www.chinamoneynetwork.com/?p=69931 Sina Inc.-backed Weibo, China's equivalent of Twitter, and AcFun, a venture-backed video sharing platform, are among companies being required by …


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DCM Leads $10M Round In Chinese Crowdfunding Platform Duocaitou https://www.chinamoneynetwork.com/2017/06/23/dcm-leads-10m-round-in-chinese-crowdfunding-platform-duocaitou https://www.chinamoneynetwork.com/2017/06/23/dcm-leads-10m-round-in-chinese-crowdfunding-platform-duocaitou#respond Fri, 23 Jun 2017 02:49:33 +0000 https://www.chinamoneynetwork.com/?p=69924 DCM Ventures has led a US$10 million series A round in Duocaitou, a Chinese crowdfunding platform focused on hotel and …


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This $3B Chinese Tech Company Wants To Bend, Curve And Roll The World Up https://www.chinamoneynetwork.com/2017/06/22/this-3b-chinese-tech-company-wants-to-bend-curve-and-roll-the-world-up https://www.chinamoneynetwork.com/2017/06/22/this-3b-chinese-tech-company-wants-to-bend-curve-and-roll-the-world-up#respond Thu, 22 Jun 2017 09:08:10 +0000 https://www.chinamoneynetwork.com/?p=69439 Millions of ambitious young people wake each morning wanting to "change the world," but few have as ambitious a goal …


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China's Wanda, Fosun See Shares Plunge After Reported Regulator Scrutiny https://www.chinamoneynetwork.com/2017/06/22/chinas-wanda-fosun-see-shares-plunge-after-reported-regulator-scrutiny https://www.chinamoneynetwork.com/2017/06/22/chinas-wanda-fosun-see-shares-plunge-after-reported-regulator-scrutiny#respond Thu, 22 Jun 2017 09:00:40 +0000 https://www.chinamoneynetwork.com/?p=69910 Nervous investors dumped shares and bonds of Dalian Wanda Group Co. today, as reports of elevated regulatory scrutiny regarding the …


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JD.Com Invests $397M In UK Luxury Fashion E-Commerce Firm Farfetch https://www.chinamoneynetwork.com/2017/06/22/jd-com-invests-397m-in-uk-luxury-fashion-e-commerce-firm-farfetch https://www.chinamoneynetwork.com/2017/06/22/jd-com-invests-397m-in-uk-luxury-fashion-e-commerce-firm-farfetch#respond Thu, 22 Jun 2017 06:35:57 +0000 https://www.chinamoneynetwork.com/?p=69879 Chinese e-commerce giant JD.com Inc. has invested US$397 million in London-based luxury fashion online retail platform Farfetch to become one …


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CITIC Capital Reaches Final Closing For China Fund At $1.57 Billion https://www.chinamoneynetwork.com/2017/06/22/citic-capital-reaches-final-closing-for-china-fund-at-1-57-billion https://www.chinamoneynetwork.com/2017/06/22/citic-capital-reaches-final-closing-for-china-fund-at-1-57-billion#respond Thu, 22 Jun 2017 06:21:17 +0000 https://www.chinamoneynetwork.com/?p=69886 CITIC Capital Partners, an investment arm of CITIC Capital Holdings Ltd., has reportedly reached final closing for its China-focused private …


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China Growth Capital Leads $29M Round In Agriculture E-commerce Firm Dafengshou https://www.chinamoneynetwork.com/2017/06/22/china-growth-capital-leads-29m-round-in-agriculture-e-commerce-firm-dafengshou https://www.chinamoneynetwork.com/2017/06/22/china-growth-capital-leads-29m-round-in-agriculture-e-commerce-firm-dafengshou#respond Thu, 22 Jun 2017 06:06:36 +0000 https://www.chinamoneynetwork.com/?p=69849 Orchid Asia Group and China Growth Capital have led a RMB200 million (US$29 million) series B round in agriculture e-commerce …


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Mobike To Expand Bike Rental Services To Japan https://www.chinamoneynetwork.com/2017/06/22/mobike-to-expand-bike-rental-services-to-japan https://www.chinamoneynetwork.com/2017/06/22/mobike-to-expand-bike-rental-services-to-japan#respond Thu, 22 Jun 2017 04:47:20 +0000 https://www.chinamoneynetwork.com/?p=69845 Leading Chinese bike-sharing company Mobike says it has established a Japanese subsidiary, Mobike Japan Ltd., in Fukuoka city, with plans …


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Legend, Goldman-Backed La Chapelle Gets Green Light To List In China https://www.chinamoneynetwork.com/2017/06/22/legend-goldman-backed-la-chapelle-gets-green-light-to-list-in-china https://www.chinamoneynetwork.com/2017/06/22/legend-goldman-backed-la-chapelle-gets-green-light-to-list-in-china#respond Thu, 22 Jun 2017 04:35:12 +0000 https://www.chinamoneynetwork.com/?p=69839 Chinese multi-brand apparel group Shanghai La Chapelle Fashion Co., Ltd., backed by Legend Capital, Goldman Sachs and other investors, have …


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Ele.me, Juewei Launch $30M Fund To Invest In Catering Firms https://www.chinamoneynetwork.com/2017/06/22/ele-me-juewei-launch-30m-fund-to-invest-in-catering-firms https://www.chinamoneynetwork.com/2017/06/22/ele-me-juewei-launch-30m-fund-to-invest-in-catering-firms#respond Thu, 22 Jun 2017 01:19:52 +0000 https://www.chinamoneynetwork.com/?p=69838 Juewei Food Co., a Chinese food retailer best known for its marinated duck necks and chicken feet, said it has …


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China's Most Secretive Billionaire Reflects On Cost Of Being Low-Key https://www.chinamoneynetwork.com/2017/06/21/chinas-most-secretive-billionaire-reflects-on-cost-of-being-low-key https://www.chinamoneynetwork.com/2017/06/21/chinas-most-secretive-billionaire-reflects-on-cost-of-being-low-key#respond Wed, 21 Jun 2017 05:12:43 +0000 https://www.chinamoneynetwork.com/?p=69785 Wang Wei, chairman and founder of Chinese express delivery firm SF Express, yesterday shared his thoughts on possible missed business …


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Baidu Launches AI-Based App To Add Emoji, Animation To Photos https://www.chinamoneynetwork.com/2017/06/21/baidu-launches-ai-based-app-to-add-emoji-animation-to-photos https://www.chinamoneynetwork.com/2017/06/21/baidu-launches-ai-based-app-to-add-emoji-animation-to-photos#respond Wed, 21 Jun 2017 04:13:26 +0000 https://www.chinamoneynetwork.com/?p=69777 Chinese search giant Baidu, Inc. has launched a new smartphone app that leverages the company’s facial recognition technology to add …


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FountainVest, Tencent, CITIC Capital To Reap Billions In Profit From Focus Media Share Sale https://www.chinamoneynetwork.com/2017/06/21/fountainvest-tencent-citic-capital-to-reap-billions-in-profit-from-focus-media-share-sale https://www.chinamoneynetwork.com/2017/06/21/fountainvest-tencent-citic-capital-to-reap-billions-in-profit-from-focus-media-share-sale#respond Wed, 21 Jun 2017 02:36:56 +0000 https://www.chinamoneynetwork.com/?p=69753 A number of investors in Focus Media Information Technology Co., Ltd. are likely to reaped billions of U.S. dollars in …


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Chinese Co-Working Space Start-Up Bigger Raises $18M In Series A Round https://www.chinamoneynetwork.com/2017/06/20/chinese-co-working-space-start-up-bigger-raises-18m-in-series-a-round https://www.chinamoneynetwork.com/2017/06/20/chinese-co-working-space-start-up-bigger-raises-18m-in-series-a-round#respond Tue, 20 Jun 2017 08:05:42 +0000 https://www.chinamoneynetwork.com/?p=69718 Bigger, a start-up incubator and co-working space company backed by Chinese real estate developer Modern Land China Co., Ltd., has …


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Tesla Near Agreement To Build First China Factory In Shanghai's Lingang Zone https://www.chinamoneynetwork.com/2017/06/20/tesla-near-agreement-to-build-first-china-factory-in-shanghais-lingang-zone https://www.chinamoneynetwork.com/2017/06/20/tesla-near-agreement-to-build-first-china-factory-in-shanghais-lingang-zone#respond Tue, 20 Jun 2017 05:35:55 +0000 https://www.chinamoneynetwork.com/?p=69711 U.S. electric vehicle manufacturer Tesla Motors Inc. is close to signing an agreement with the city of Shanghai to produce …


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Wanda Cinemas, Tencent To Establish Joint Venture IP Powerhouse https://www.chinamoneynetwork.com/2017/06/20/wanda-cinemas-tencent-to-establish-joint-venture-ip-powerhouse https://www.chinamoneynetwork.com/2017/06/20/wanda-cinemas-tencent-to-establish-joint-venture-ip-powerhouse#respond Tue, 20 Jun 2017 04:01:59 +0000 https://www.chinamoneynetwork.com/?p=69700 Wanda Cinema Line Corp., the film division of Chinese conglomerate Dalian Wanda Group, has teamed up with Tencent Holdings' gaming, …


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Chinese Bike Rental Firm Ofo Increases Bike Deposits To RMB199 From RMB99 https://www.chinamoneynetwork.com/2017/06/20/chinese-bike-rental-firm-ofo-increases-bike-deposits-to-rmb199-from-rmb99 https://www.chinamoneynetwork.com/2017/06/20/chinese-bike-rental-firm-ofo-increases-bike-deposits-to-rmb199-from-rmb99#respond Tue, 20 Jun 2017 03:12:14 +0000 https://www.chinamoneynetwork.com/?p=69684 Beijing-based bike rental company ofo today increased the deposit new users must pay to borrow bikes to RMB199 (US$29) from …


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JD.Com Launches Robot Delivery Services In Chinese Universities https://www.chinamoneynetwork.com/2017/06/19/jd-com-launches-robot-delivery-services-in-chinese-universities https://www.chinamoneynetwork.com/2017/06/19/jd-com-launches-robot-delivery-services-in-chinese-universities#respond Mon, 19 Jun 2017 07:25:55 +0000 https://www.chinamoneynetwork.com/?p=69668 JD.com Inc. this weekend launched a robot delivery service at multiple universities across China, as the e-commerce firm continues to …


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Chinese Firms Behind 9 Of 10 Most Lucrative Mobile Games Worldwide https://www.chinamoneynetwork.com/2017/06/19/chinese-firms-behind-9-out-of-10-most-lucrative-mobile-games-globally https://www.chinamoneynetwork.com/2017/06/19/chinese-firms-behind-9-out-of-10-most-lucrative-mobile-games-globally#respond Mon, 19 Jun 2017 05:56:58 +0000 https://www.chinamoneynetwork.com/?p=69638 Chinese companies are behind nine of the ten most lucrative mobile games in the Apple app store globally in terms …


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China's Largest Online Ticketing Firm Maoyan Plans IPO https://www.chinamoneynetwork.com/2017/06/19/chinas-largest-online-ticketing-firm-maoyan-plans-ipo https://www.chinamoneynetwork.com/2017/06/19/chinas-largest-online-ticketing-firm-maoyan-plans-ipo#respond Mon, 19 Jun 2017 04:21:51 +0000 https://www.chinamoneynetwork.com/?p=69645 Maoyan, China's largest mobile ticketing platform, which is controlled by Beijing-based television and film company Enlight Media, expects to turn …


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UC Express Teams Up With GLP To Establish Logistics Fund In Western China https://www.chinamoneynetwork.com/2017/06/19/uc-express-teams-up-with-glp-to-establish-logistics-fund-in-western-china https://www.chinamoneynetwork.com/2017/06/19/uc-express-teams-up-with-glp-to-establish-logistics-fund-in-western-china#respond Mon, 19 Jun 2017 04:02:59 +0000 https://www.chinamoneynetwork.com/?p=69631 UC Express, a Shanghai-based logistics company, has teamed up with global logistics facilities operator Global Logistic Properties Ltd. and a …


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Chinese Retailer Suning Launches Private Internet Bank https://www.chinamoneynetwork.com/2017/06/19/chinese-retailer-suning-launches-private-internet-bank https://www.chinamoneynetwork.com/2017/06/19/chinese-retailer-suning-launches-private-internet-bank#respond Mon, 19 Jun 2017 03:57:23 +0000 https://www.chinamoneynetwork.com/?p=69632 Jiangsu Suning Bank Co., Ltd., a private online bank backed by Suning Commerce Group Co., Ltd., officially launched Friday, as …


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Why Hong Kong's Government-Led Innovation Drive Is Failing https://www.chinamoneynetwork.com/2017/06/16/why-hong-kongs-government-led-innovation-drive-is-failing https://www.chinamoneynetwork.com/2017/06/16/why-hong-kongs-government-led-innovation-drive-is-failing#respond Fri, 16 Jun 2017 03:34:30 +0000 https://www.chinamoneynetwork.com/?p=68738 Entrepreneur Jeff Wang planned to start his company in Hong Kong in 2015, after obtaining a Ph.D. degree in mathematics …


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Tencent Leads $600 Million Series E Financing Round In Mobike https://www.chinamoneynetwork.com/2017/06/16/tencent-leads-600-million-series-e-financing-round-in-mobike https://www.chinamoneynetwork.com/2017/06/16/tencent-leads-600-million-series-e-financing-round-in-mobike#respond Fri, 16 Jun 2017 01:36:41 +0000 https://www.chinamoneynetwork.com/?p=69571 Chinese bike rental firm Mobike has raised over US$600 million in a series E financing round led by Tencent Holdings …


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Sequoia Leads Series A Round In Chinese Internet Security Firm Dingxiang https://www.chinamoneynetwork.com/2017/06/16/sequoia-leads-series-a-round-in-chinese-internet-security-firm-dingxiang https://www.chinamoneynetwork.com/2017/06/16/sequoia-leads-series-a-round-in-chinese-internet-security-firm-dingxiang#respond Fri, 16 Jun 2017 00:29:05 +0000 https://www.chinamoneynetwork.com/?p=69595 Sequoia Capital China has led a series A round in Dingxiang Technology, a Beijing-based Internet security systems developer, according to …


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China's GP Capital Leads $29M Series B Round In Plastic Surgery Chain BeauCare Clinics https://www.chinamoneynetwork.com/2017/06/15/chinas-gp-capital-leads-29m-series-b-round-in-plastic-surgery-chain-beaucare-clinics https://www.chinamoneynetwork.com/2017/06/15/chinas-gp-capital-leads-29m-series-b-round-in-plastic-surgery-chain-beaucare-clinics#respond Thu, 15 Jun 2017 10:04:29 +0000 https://www.chinamoneynetwork.com/?p=69539 GP Capital, a Shanghai-based investment firm backed by state-owned Shanghai International Group, has led a RMB200 million (US$29 million) series …


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Sequoia Leads $400M New Round In Chinese Used-Car Trading Firm Guazi https://www.chinamoneynetwork.com/2017/06/15/sequoia-leads-400m-new-round-in-chinese-used-car-trading-firm-guazi https://www.chinamoneynetwork.com/2017/06/15/sequoia-leads-400m-new-round-in-chinese-used-car-trading-firm-guazi#respond Thu, 15 Jun 2017 08:36:47 +0000 https://www.chinamoneynetwork.com/?p=69530 Sequoia Capital China has led a US$400 million series B round in Guazi.com Inc., a Chinese online used car trading …


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Youjin Capital Co-Leads $73M Round In Chinese Used-Car Auction Platform Chezhibao https://www.chinamoneynetwork.com/2017/06/15/youjin-capital-co-leads-73m-round-in-chinese-used-car-auction-platform-chezhibao https://www.chinamoneynetwork.com/2017/06/15/youjin-capital-co-leads-73m-round-in-chinese-used-car-auction-platform-chezhibao#respond Thu, 15 Jun 2017 05:46:56 +0000 https://www.chinamoneynetwork.com/?p=69502 Shenzhen-based venture firm Youjin Capital and Jiangsu One Belt One Road Investment Fund have led a RMB500 million (US$73 million) …


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Tencent-Backed Canadian Start-Up Element AI Raises $102 Million https://www.chinamoneynetwork.com/2017/06/15/tencent-backed-canadian-start-up-element-ai-raises-102-million https://www.chinamoneynetwork.com/2017/06/15/tencent-backed-canadian-start-up-element-ai-raises-102-million#respond Thu, 15 Jun 2017 03:34:32 +0000 https://www.chinamoneynetwork.com/?p=69507 Element AI, a Canadian artificial intelligence company backed by China's Tencent Holdings Ltd., has raised US$102 million in new funding …


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Former Goldman Sachs Executive Andrew Huang Joins FountainVest As Managing Director https://www.chinamoneynetwork.com/2017/06/15/former-goldman-sachs-executive-andrew-huang-joins-fountainvest-as-managing-director https://www.chinamoneynetwork.com/2017/06/15/former-goldman-sachs-executive-andrew-huang-joins-fountainvest-as-managing-director#respond Thu, 15 Jun 2017 03:12:37 +0000 https://www.chinamoneynetwork.com/?p=69478 Andrew Huang, formerly a managing director and head of China mergers & acquisition at Goldman Sachs, has joined China-focused private …


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PE-Backed WuXi Biologics' $510M Hong Kong IPO Cheered By Investors https://www.chinamoneynetwork.com/2017/06/15/pe-backed-wuxi-biologics-510m-hong-kong-ipo-cheered-by-investors https://www.chinamoneynetwork.com/2017/06/15/pe-backed-wuxi-biologics-510m-hong-kong-ipo-cheered-by-investors#respond Wed, 14 Jun 2017 22:26:33 +0000 https://www.chinamoneynetwork.com/?p=69518 WuXi Biologics (Cayman) Inc., a Chinese contract drug manufacturer whose parent company is controlled by a group of leading private …


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China's Bike Rental Firms Mobike, ofo Are Raising Nearly $1 Billion In Fresh Funding https://www.chinamoneynetwork.com/2017/06/14/chinas-bike-rental-firms-mobike-ofo-are-raising-nearly-1-billion-in-fresh-funding https://www.chinamoneynetwork.com/2017/06/14/chinas-bike-rental-firms-mobike-ofo-are-raising-nearly-1-billion-in-fresh-funding#respond Wed, 14 Jun 2017 10:24:39 +0000 https://www.chinamoneynetwork.com/?p=69472 As city streets in China become a theater for the current venture capital-fueled bike rental start-up frenzy, the two biggest …


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"Space Nation" Asgardia, With 28,828 Chinese "Citizens," Plans To Launch First Satellite https://www.chinamoneynetwork.com/2017/06/14/space-nation-asgardia-with-28828-chinese-citizens-plans-to-launch-first-satellite https://www.chinamoneynetwork.com/2017/06/14/space-nation-asgardia-with-28828-chinese-citizens-plans-to-launch-first-satellite#respond Wed, 14 Jun 2017 07:54:01 +0000 https://www.chinamoneynetwork.com/?p=69418 Asgardia, a non-profit organization aiming to create the world's "first space nation" announced plans in Hong Kong yesterday to launch …


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Chinese Insurer Anbang's Boss Wu Xiaohui Steps Down, Said Detained By Authorities https://www.chinamoneynetwork.com/2017/06/14/chinese-insurer-anbangs-boss-wu-xiaohui-steps-down-said-detained-by-authorities https://www.chinamoneynetwork.com/2017/06/14/chinese-insurer-anbangs-boss-wu-xiaohui-steps-down-said-detained-by-authorities#respond Wed, 14 Jun 2017 04:13:44 +0000 https://www.chinamoneynetwork.com/?p=69414 High-flying Chinese insurance firm Anbang Insurance Group has announced that Wu Xiaohui (pictured), its chairman and general manager, can no …


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CICC Leads $73M Round In Chinese TV Production Firm XG Entertainment https://www.chinamoneynetwork.com/2017/06/13/cicc-leads-73m-round-in-chinese-tv-production-firm-xg-entertainment https://www.chinamoneynetwork.com/2017/06/13/cicc-leads-73m-round-in-chinese-tv-production-firm-xg-entertainment#respond Tue, 13 Jun 2017 04:53:10 +0000 https://www.chinamoneynetwork.com/?p=69397 Chinese investment banking group China International Capital Co., Ltd. (CICC) has led a RMB500 million (US$73 million) series B round …


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Chinese Phone Maker OPPO Co-Leads $22M Round In EV Sharing Firm Ponycar https://www.chinamoneynetwork.com/2017/06/13/chinese-phone-maker-oppo-co-leads-22m-round-in-ev-sharing-firm-ponycar https://www.chinamoneynetwork.com/2017/06/13/chinese-phone-maker-oppo-co-leads-22m-round-in-ev-sharing-firm-ponycar#respond Tue, 13 Jun 2017 04:13:46 +0000 https://www.chinamoneynetwork.com/?p=69385 Chinese smartphone maker OPPO Electronics Corp. and investment firm Huiyou Capital have led a RMB150 million (US$22 million) funding round …


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Tencent Leads $146M Round In Chinese Online Brokerage Firm Futu https://www.chinamoneynetwork.com/2017/06/13/tencent-leads-146m-round-in-chinese-online-brokerage-firm-futu https://www.chinamoneynetwork.com/2017/06/13/tencent-leads-146m-round-in-chinese-online-brokerage-firm-futu#respond Tue, 13 Jun 2017 03:38:16 +0000 https://www.chinamoneynetwork.com/?p=69371 Chinese Internet giant Tencent Holdings Ltd. has led a US$145.5 million C round financing in Futu Securities, an online brokerage …


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China Growth Capital Leads $15M Round In Open-Source Database Firm PingCAP https://www.chinamoneynetwork.com/2017/06/13/china-growth-capital-leads-15m-round-in-open-source-database-firm-pingcap https://www.chinamoneynetwork.com/2017/06/13/china-growth-capital-leads-15m-round-in-open-source-database-firm-pingcap#respond Tue, 13 Jun 2017 02:22:11 +0000 https://www.chinamoneynetwork.com/?p=69379 Chinese venture firm China Growth Capital has led a US$15 million series B financing round in PingCAP, a Beijing-based start-up …


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Ucar Leads $320M Round In Chinese Electric Car Maker Xiaopeng https://www.chinamoneynetwork.com/2017/06/12/ucar-leads-320m-round-in-chinese-electric-car-maker-xiaopeng https://www.chinamoneynetwork.com/2017/06/12/ucar-leads-320m-round-in-chinese-electric-car-maker-xiaopeng#respond Mon, 12 Jun 2017 14:31:42 +0000 https://www.chinamoneynetwork.com/?p=69320 Ucar Group, a mobile app-based chauffeured car service launched by Chinese car rental company CAR Inc., has led a RMB2.2 …


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Alibaba Launches Tmall World To Serve 100M Overseas Chinese Shoppers https://www.chinamoneynetwork.com/2017/06/12/alibaba-launches-tmall-world-to-serve-100m-overseas-chinese-shoppers https://www.chinamoneynetwork.com/2017/06/12/alibaba-launches-tmall-world-to-serve-100m-overseas-chinese-shoppers#respond Mon, 12 Jun 2017 14:02:06 +0000 https://www.chinamoneynetwork.com/?p=69341 Alibaba Group Holding Ltd. announced today the official launch of Tmall World as part of its globalization strategy. The new …


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Chinese Bike Rental Firm Mobike Launches Services In The UK https://www.chinamoneynetwork.com/2017/06/12/chinese-bike-rental-firm-mobike-launches-services-in-the-uk https://www.chinamoneynetwork.com/2017/06/12/chinese-bike-rental-firm-mobike-launches-services-in-the-uk#respond Mon, 12 Jun 2017 06:22:12 +0000 https://www.chinamoneynetwork.com/?p=69313 Shanghai-based smart bike rental firm Mobike today announced it will launch its service in the British cities of Manchester and …


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Matrix Partners Joins $15M Round In China's Ferris Wheel Ticketing https://www.chinamoneynetwork.com/2017/06/12/matrix-partners-joins-15m-round-in-chinas-ferris-wheel-ticketing https://www.chinamoneynetwork.com/2017/06/12/matrix-partners-joins-15m-round-in-chinas-ferris-wheel-ticketing#respond Mon, 12 Jun 2017 05:41:01 +0000 https://www.chinamoneynetwork.com/?p=69300 Chinese venture capital firm Blue Lake Capital has led a US$15 million series B round in online ticket sales platform …


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China Merchants Securities Co-Leads $160M Round In Cloud Firm QingCloud https://www.chinamoneynetwork.com/2017/06/12/china-merchants-securities-co-leads-160m-round-in-cloud-firm-qingcloud https://www.chinamoneynetwork.com/2017/06/12/china-merchants-securities-co-leads-160m-round-in-cloud-firm-qingcloud#respond Mon, 12 Jun 2017 03:33:03 +0000 https://www.chinamoneynetwork.com/?p=69280 Beijing-based enterprise cloud services provider QingCloud has raised a RMB1.08 billion (US$160 million) series D round from investors including China …


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QF Capital Joins $14M Round In Chinese Inner-City Logistics Firm UUPaotui https://www.chinamoneynetwork.com/2017/06/12/qf-capital-joins-14m-round-in-chinese-inner-city-logistics-firm-uupaotui https://www.chinamoneynetwork.com/2017/06/12/qf-capital-joins-14m-round-in-chinese-inner-city-logistics-firm-uupaotui#respond Mon, 12 Jun 2017 03:02:25 +0000 https://www.chinamoneynetwork.com/?p=69274 Chinese venture capital firms QF Capital and Tianming Capital have led a RMB100 million (US$14 million) series A+ round in …


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Alibaba Cloud To Open New Data Centers In India And Indonesia https://www.chinamoneynetwork.com/2017/06/12/alibaba-cloud-to-open-new-data-centers-in-india-and-indonesia https://www.chinamoneynetwork.com/2017/06/12/alibaba-cloud-to-open-new-data-centers-in-india-and-indonesia#respond Mon, 12 Jun 2017 02:21:41 +0000 https://www.chinamoneynetwork.com/?p=69275 Alibaba Cloud, the cloud computing arm of Alibaba Group Holding Ltd., announced today that it plans to establish new data …


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Pantheon's Jie Gong Says Chinese Growth-Capital Funds Are Soul-Searching https://www.chinamoneynetwork.com/2017/06/09/pantheons-jie-gong-says-chinese-growth-capital-funds-are-soul-searching https://www.chinamoneynetwork.com/2017/06/09/pantheons-jie-gong-says-chinese-growth-capital-funds-are-soul-searching#respond Fri, 09 Jun 2017 07:55:08 +0000 https://www.chinamoneynetwork.com/?p=69083 In this episode of China Money Podcast, guest Jie Gong, a partner at Pantheon’s Asia Investment Team, spoke to our …


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YY Inc Leads $70M Round In Tinder's China Copycat Tantan https://www.chinamoneynetwork.com/2017/06/09/yy-inc-leads-70m-round-in-tinders-china-copycat-tantan https://www.chinamoneynetwork.com/2017/06/09/yy-inc-leads-70m-round-in-tinders-china-copycat-tantan#respond Fri, 09 Jun 2017 02:34:57 +0000 https://www.chinamoneynetwork.com/?p=69212 NASDAQ-listed Chinese online social entertainment firm YY Inc. has reportedly led a US$70 million series D round in Tantan, a …


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