China Money Network https://www.chinamoneynetwork.com Daily News on China's Venture Capital, Private Equity and Institutional Investment Industry Mon, 27 Mar 2017 14:51:46 +0000 en-US hourly 1 https://wordpress.org/?v=4.7.3 https://www.chinamoneynetwork.com/wp-content/uploads/cropped-chinamoneynetwork-siteicon-512x5122-32x32.png China Money Network https://www.chinamoneynetwork.com 32 32 Baidu's Head Of Autonomous Driving Unit Resigns To Establish His Own Start-Up https://www.chinamoneynetwork.com/2017/03/27/baidus-head-of-autonomous-driving-unit-resigns-to-establish-his-own-start-up https://www.chinamoneynetwork.com/2017/03/27/baidus-head-of-autonomous-driving-unit-resigns-to-establish-his-own-start-up#respond Mon, 27 Mar 2017 10:07:14 +0000 https://www.chinamoneynetwork.com/?p=64764 Wang Jing (pictured), formerly a vice president at Baidu Inc. and head of the company's Autonomous Driving Unit, announced during …


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JD.Com Joins $14M Round In Chinese Mobile Healthcare Fir Kingdee Healthcare https://www.chinamoneynetwork.com/2017/03/27/jd-com-joins-14m-round-in-chinese-mobile-healthcare-fir-kingdee-healthcare https://www.chinamoneynetwork.com/2017/03/27/jd-com-joins-14m-round-in-chinese-mobile-healthcare-fir-kingdee-healthcare#respond Mon, 27 Mar 2017 08:35:05 +0000 https://www.chinamoneynetwork.com/?p=64775 Shanghai-based financial services firm Yongjin Group and JD.com Inc. have led an around RMB100 million (US$14 million) series A round …


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China's Massive Business Incubator Ecosystem Attracts Silicon Valley https://www.chinamoneynetwork.com/2017/03/27/chinas-massive-business-incubator-ecosystem-attracts-silicon-valley https://www.chinamoneynetwork.com/2017/03/27/chinas-massive-business-incubator-ecosystem-attracts-silicon-valley#respond Mon, 27 Mar 2017 04:00:34 +0000 https://www.chinamoneynetwork.com/?p=64749 Major international business incubators are expanding into the Chinese market, adding to what is already the world's biggest business incubator …


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Ping An, Bank Of China On Hook For $1.9B Loss As Huishan Dairy Inches Closer To Default https://www.chinamoneynetwork.com/2017/03/25/ping-an-bank-of-china-on-hook-for-1-9b-loss-as-huishan-dairy-inches-closer-to-default https://www.chinamoneynetwork.com/2017/03/25/ping-an-bank-of-china-on-hook-for-1-9b-loss-as-huishan-dairy-inches-closer-to-default#comments Sat, 25 Mar 2017 11:30:57 +0000 https://www.chinamoneynetwork.com/?p=64736 Bank of China, Ping An Bank, HSBC Bank, and China CITIC Bank International are among 23 banks on the hook …


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China Growth Capital Leads $14M Round In Chinese Online Brokerage Firm Tiger Brokers https://www.chinamoneynetwork.com/2017/03/24/__trashed-3 https://www.chinamoneynetwork.com/2017/03/24/__trashed-3#respond Fri, 24 Mar 2017 09:44:08 +0000 https://www.chinamoneynetwork.com/?p=64698 China Growth Capital has led a RMB100 million (US$14 million) series B+ round in Tiger Brokers Co., a Beijing-based online …


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Five Chinese Electric Vehicle Start-Ups That Could Rival Tesla https://www.chinamoneynetwork.com/2017/03/24/five-chinese-electric-vehicle-start-ups-that-could-rival-tesla https://www.chinamoneynetwork.com/2017/03/24/five-chinese-electric-vehicle-start-ups-that-could-rival-tesla#comments Fri, 24 Mar 2017 07:45:07 +0000 https://www.chinamoneynetwork.com/?p=63956 Across China's 9.6 million square kilometers of land, there was never a shortage of ambition. So too with the electric …


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Three Months After Muddy Water Shorted Huishan Dairy, Shares Drop 90% Today https://www.chinamoneynetwork.com/2017/03/24/there-months-after-muddy-water-shorted-huishan-diary-shares-drop-90-today https://www.chinamoneynetwork.com/2017/03/24/there-months-after-muddy-water-shorted-huishan-diary-shares-drop-90-today#comments Fri, 24 Mar 2017 07:41:02 +0000 https://www.chinamoneynetwork.com/?p=64690 Shares of Hong Kong-listed Chinese dairy company Huishan Dairy Holdings Co. barely moved after Muddy Waters, a research firm known …


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Tencent To Spinoff Online Publishing Unit And Seek Independent Hong Kong IPO https://www.chinamoneynetwork.com/2017/03/24/tencent-to-spinoff-online-publishing-unit-and-seek-independent-hong-kong-ipo https://www.chinamoneynetwork.com/2017/03/24/tencent-to-spinoff-online-publishing-unit-and-seek-independent-hong-kong-ipo#respond Fri, 24 Mar 2017 04:43:35 +0000 https://www.chinamoneynetwork.com/?p=64689 Chinese Internet giant Tencent Holding Ltd. is planning to spinoff China Reading Ltd, its online publishing and e-book unit to …


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After Wine And Cheese, China Now Hungry For New Zealand's Technology https://www.chinamoneynetwork.com/2017/03/24/after-wine-and-cheese-china-now-hungry-for-new-zealands-technology https://www.chinamoneynetwork.com/2017/03/24/after-wine-and-cheese-china-now-hungry-for-new-zealands-technology#comments Fri, 24 Mar 2017 04:04:36 +0000 https://www.chinamoneynetwork.com/?p=64663 For years, New Zealand has been a go-to country for Chinese importers looking for wine and cheese, and tourists looking …


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K2 Qiyun Leads $14M Round In Chinese E-Commerce Platform Ms.Onion DFS https://www.chinamoneynetwork.com/2017/03/24/k2-qiyun-leads-14m-round-in-chinese-e-commerce-platform-ms-onion-dfs https://www.chinamoneynetwork.com/2017/03/24/k2-qiyun-leads-14m-round-in-chinese-e-commerce-platform-ms-onion-dfs#respond Fri, 24 Mar 2017 03:55:35 +0000 https://www.chinamoneynetwork.com/?p=64660 K2 Qiyun, an Internet and medical care fund established by K2VC, and Engage Capital have led an over RMB100 million …


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C-Bridge Capital Leads $150M Round In Merged Chinese Drug Developer https://www.chinamoneynetwork.com/2017/03/23/c-bridge-capital-leads-150m-round-in-merged-chinese-drug-developer https://www.chinamoneynetwork.com/2017/03/23/c-bridge-capital-leads-150m-round-in-merged-chinese-drug-developer#respond Thu, 23 Mar 2017 10:08:33 +0000 https://www.chinamoneynetwork.com/?p=64621 C-Bridge Capital, a US$700 million-under-management healthcare private equity fund in China, has teamed up with Tianjin-based traditional Chinese medicine company …


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China Renaissance Leads $29M Round In Real Estate Financing Firm https://www.chinamoneynetwork.com/2017/03/23/china-renaissance-leads-29m-round-in-real-estate-financing-firm https://www.chinamoneynetwork.com/2017/03/23/china-renaissance-leads-29m-round-in-real-estate-financing-firm#respond Thu, 23 Mar 2017 09:40:15 +0000 https://www.chinamoneynetwork.com/?p=64524 China Renaissance Private Equity Fund, a private equity arm under China Renaissance focused on investing in growth-stage and mature Internet …


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JD Finance Is Raising New Funding At RMB50B Valuation https://www.chinamoneynetwork.com/2017/03/23/jd-finance-is-raising-new-funding-at-rmb50b-valuation https://www.chinamoneynetwork.com/2017/03/23/jd-finance-is-raising-new-funding-at-rmb50b-valuation#respond Thu, 23 Mar 2017 08:43:54 +0000 https://www.chinamoneynetwork.com/?p=64609 Chinese e-commerce giant JD.com Inc.'s financial services spin-out, JD Finance, is currently in the market raising fresh capital at a …


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Tencent Leads $350M Round In Video App Popular Among China's Farmers And Migrant Workers https://www.chinamoneynetwork.com/2017/03/23/tencent-leads-350m-round-in-video-app-popular-among-chinas-farmers-and-migrant-workers https://www.chinamoneynetwork.com/2017/03/23/tencent-leads-350m-round-in-video-app-popular-among-chinas-farmers-and-migrant-workers#comments Thu, 23 Mar 2017 07:05:18 +0000 https://www.chinamoneynetwork.com/?p=64590 Tencent Holdings Ltd. has led a US$350 million series D round in Beijing-based Kuai Shou, a video sharing mobile app …


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American Airlines Reportedly Acquiring Stake In China Southern For $200M https://www.chinamoneynetwork.com/2017/03/23/american-airlines-reportedly-acquiring-stake-in-china-southern-for-200m https://www.chinamoneynetwork.com/2017/03/23/american-airlines-reportedly-acquiring-stake-in-china-southern-for-200m#respond Thu, 23 Mar 2017 06:03:48 +0000 https://www.chinamoneynetwork.com/?p=64589 China Southern Airlines Co. has suspended trading of its publicly listed shares in Hong Kong and Shanghai today, saying the …


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China’s Rise In Global M&A Is Here to Stay After Historic 2016 https://www.chinamoneynetwork.com/2017/03/23/chinas-rise-in-global-ma-is-here-to-stay-after-historic-2016 https://www.chinamoneynetwork.com/2017/03/23/chinas-rise-in-global-ma-is-here-to-stay-after-historic-2016#respond Thu, 23 Mar 2017 05:07:57 +0000 https://www.chinamoneynetwork.com/?p=64560 China surpassed the U.K. to become the second largest outbound investor behind the U.S. in 2016, cementing its positing as …


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Hong Kong To Join China-Led AIIB As Lender Adds 13 New Members https://www.chinamoneynetwork.com/2017/03/23/hong-kong-to-join-china-led-aiib-as-lender-adds-13-new-members https://www.chinamoneynetwork.com/2017/03/23/hong-kong-to-join-china-led-aiib-as-lender-adds-13-new-members#respond Thu, 23 Mar 2017 04:16:33 +0000 https://www.chinamoneynetwork.com/?p=64630 Hong Kong has been approved as a member of the China-led Asian Infrastructure Investment Bank (AIIB), while the lender added …


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Tencent Poaches Baidu AI Expert Zhang Tong As Search Giant Bleeds Talent https://www.chinamoneynetwork.com/2017/03/23/tencent-names-zhang-tong-as-its-ai-lab-director https://www.chinamoneynetwork.com/2017/03/23/tencent-names-zhang-tong-as-its-ai-lab-director#respond Thu, 23 Mar 2017 03:53:54 +0000 https://www.chinamoneynetwork.com/?p=64570 Chinese Internet giant Tencent Holdings Ltd. has hired Baidu Inc.'s artificial intelligence expert Zhang Tong (pictured) to head its AI …


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IFC Invests $25M In Minsheng IPO To Boost Education Across Inland China https://www.chinamoneynetwork.com/2017/03/23/ifc-injects-25m-in-chinas-minsheng-to-boost-education-across-inland-regions https://www.chinamoneynetwork.com/2017/03/23/ifc-injects-25m-in-chinas-minsheng-to-boost-education-across-inland-regions#respond Thu, 23 Mar 2017 03:14:13 +0000 https://www.chinamoneynetwork.com/?p=64559 IFC, a member of the World Bank Group, has invested US$25 million in Minsheng Education Group Co., Ltd. as a …


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Redpoint Joins New Round In Chinese Big Data Insurance Service Provider Hejin Online https://www.chinamoneynetwork.com/2017/03/23/redpoint-joins-new-round-in-chinese-big-data-insurance-firm-hejin-online https://www.chinamoneynetwork.com/2017/03/23/redpoint-joins-new-round-in-chinese-big-data-insurance-firm-hejin-online#respond Thu, 23 Mar 2017 02:58:14 +0000 https://www.chinamoneynetwork.com/?p=64535 Bojiang Capital Management Group, a Shanghai-based investment firm, has led a series B financing round in Hejin Online, a Beijing-based …


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Airbnb Plans To Triple Workforce And Double Investment In China https://www.chinamoneynetwork.com/2017/03/23/airbnb-plans-to-triple-workforce-and-double-investments-in-china https://www.chinamoneynetwork.com/2017/03/23/airbnb-plans-to-triple-workforce-and-double-investments-in-china#respond Thu, 23 Mar 2017 02:53:32 +0000 https://www.chinamoneynetwork.com/?p=64553 Global home-sharing giant Airbnb plans to more than triple its local workforce and double investment in China to better serve …


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Baidu's Chief Scientist Andrew Ng Resigns In Search Of New AI Challenge https://www.chinamoneynetwork.com/2017/03/23/baidus-chief-scientist-andrew-ng-resigns-in-search-of-new-ai-challenge https://www.chinamoneynetwork.com/2017/03/23/baidus-chief-scientist-andrew-ng-resigns-in-search-of-new-ai-challenge#respond Thu, 23 Mar 2017 01:51:12 +0000 https://www.chinamoneynetwork.com/?p=64536 Andrew Ng (pictured), a vice president and chief scientist at Chinese search engine giant Baidu Inc., is leaving the company …


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Zhen Fund Co-Leads $18M Round In Chinese Video Conferencing Firm Xiaoyu Link https://www.chinamoneynetwork.com/2017/03/22/zhen-fund-co-leads-18m-round-in-chinese-video-conferencing-firm-xiaoyu-link https://www.chinamoneynetwork.com/2017/03/22/zhen-fund-co-leads-18m-round-in-chinese-video-conferencing-firm-xiaoyu-link#respond Wed, 22 Mar 2017 08:22:29 +0000 https://www.chinamoneynetwork.com/?p=64509 Chinese angel and venture investment firm Zhen Fund and Chengzhen Fund have led a RMB125 million (US$18 million) series B …


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CITIC-Backed Chinese Trading Firm Shenzhen Youkeshu Selects DHL For Drone Shipment https://www.chinamoneynetwork.com/2017/03/22/citic-backed-chinese-trading-firm-shenzhen-youkeshu-selects-dhl-for-drone-shipment https://www.chinamoneynetwork.com/2017/03/22/citic-backed-chinese-trading-firm-shenzhen-youkeshu-selects-dhl-for-drone-shipment#respond Wed, 22 Mar 2017 08:17:29 +0000 https://www.chinamoneynetwork.com/?p=64516 Shenzhen Youkeshu Technology Co., Ltd., a Chinese cross-border e-commerce firm backed by Chinese investment firm CITIC Goldstone Investment Management and …


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Chinese Firm Leads $40M Round In Start-Up Helping Chinese Patients Get Medical Treatment In US https://www.chinamoneynetwork.com/2017/03/22/chinese-firm-leads-40m-round-in-start-up-helping-chinese-patients-get-medical-treatment-in-us https://www.chinamoneynetwork.com/2017/03/22/chinese-firm-leads-40m-round-in-start-up-helping-chinese-patients-get-medical-treatment-in-us#respond Wed, 22 Mar 2017 06:49:17 +0000 https://www.chinamoneynetwork.com/?p=64500 Shenzhen-listed Chinese smart building and smart city services provider Hakim Unique Internet Co., Ltd. has led a US$40 million series …


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ChinaEquity Leads $14M Round In Chinese Co-Working Space Firm Wujie Space https://www.chinamoneynetwork.com/2017/03/22/chinaequity-leads-14m-round-in-chinese-co-working-space-firm-wujie-space https://www.chinamoneynetwork.com/2017/03/22/chinaequity-leads-14m-round-in-chinese-co-working-space-firm-wujie-space#respond Wed, 22 Mar 2017 05:32:17 +0000 https://www.chinamoneynetwork.com/?p=64487 ChinaEquity Group, a Beijing-based alternative investment firm, has led an series A+ round of around RMB100 million (US$14 million) in …


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CPP Investment Board Aims To Significantly Increase Allocation To China https://www.chinamoneynetwork.com/2017/03/22/cpp-investment-board-aims-to-significantly-increase-allocation-to-china https://www.chinamoneynetwork.com/2017/03/22/cpp-investment-board-aims-to-significantly-increase-allocation-to-china#respond Wed, 22 Mar 2017 03:42:22 +0000 https://www.chinamoneynetwork.com/?p=64486 The CPP Investment Board, formally the Canada Pension Plan Investment Board, is planning to significantly increase its investment in China …


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China And Israel To Invest $10M To Establish Three AI Centers https://www.chinamoneynetwork.com/2017/03/22/china-and-israel-to-invest-10m-to-establish-three-ai-centers https://www.chinamoneynetwork.com/2017/03/22/china-and-israel-to-invest-10m-to-establish-three-ai-centers#respond Wed, 22 Mar 2017 02:58:46 +0000 https://www.chinamoneynetwork.com/?p=64462 Zong Qinghou, a renowned Chinese entrepreneur with a net worth of US$7.2 billion and chairman of Hangzhou-based beverage company the …


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With 76 Freshly Minted Billionaires, China Outpaces US In Wealth Creation https://www.chinamoneynetwork.com/2017/03/22/with-76-freshly-minted-billionaires-china-outpaces-us-in-wealth-creation https://www.chinamoneynetwork.com/2017/03/22/with-76-freshly-minted-billionaires-china-outpaces-us-in-wealth-creation#respond Wed, 22 Mar 2017 02:37:07 +0000 https://www.chinamoneynetwork.com/?p=64477 China minted 76 new billionaires this year to the Forbes’ annual billionaire ranking, three times more than the U.S., where …


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China's HNA Group Eyes $2.2B Purchase Of New York Office Building https://www.chinamoneynetwork.com/2017/03/22/chinas-hna-group-eyes-2-2b-purchase-of-new-york-office-building https://www.chinamoneynetwork.com/2017/03/22/chinas-hna-group-eyes-2-2b-purchase-of-new-york-office-building#respond Wed, 22 Mar 2017 02:07:16 +0000 https://www.chinamoneynetwork.com/?p=64465 China's HNA Group is leading a deal to acquire an office building in New York city for US$2.21 billion, which …


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China's Hot Bike Sharing Start-Up Mobike Kicks Off Global Expansion In Singapore https://www.chinamoneynetwork.com/2017/03/21/chinas-hot-bike-sharing-start-up-mobike-kicks-off-global-expansion-in-singapore https://www.chinamoneynetwork.com/2017/03/21/chinas-hot-bike-sharing-start-up-mobike-kicks-off-global-expansion-in-singapore#respond Tue, 21 Mar 2017 07:57:24 +0000 https://www.chinamoneynetwork.com/?p=64442 Mobike, one of China's biggest bike sharing start-up, has launched operations in Singapore, the first city outside of mainland China …


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Alibaba Acquires Chinese Online Ticketing Platform Damai.Cn https://www.chinamoneynetwork.com/2017/03/21/alibaba-acquires-chinese-online-ticketing-platform-damai-cn https://www.chinamoneynetwork.com/2017/03/21/alibaba-acquires-chinese-online-ticketing-platform-damai-cn#respond Tue, 21 Mar 2017 07:21:48 +0000 https://www.chinamoneynetwork.com/?p=64436 Alibaba Group Holding Ltd's cultural and entertainment group has fully acquired Damai.cn, a Bejing-based online ticketing platform, according to a …


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China's National SMEs Fund Leads $18M Round In Business Data Start-Up Tianyancha https://www.chinamoneynetwork.com/2017/03/21/chinas-national-smes-fund-leads-18m-round-in-business-data-start-up-tianyancha https://www.chinamoneynetwork.com/2017/03/21/chinas-national-smes-fund-leads-18m-round-in-business-data-start-up-tianyancha#respond Tue, 21 Mar 2017 05:36:42 +0000 https://www.chinamoneynetwork.com/?p=64422 China's National Small and Medium-size Enterprises Development Fund, a direct investment vehicle of the National SMEs Development Fund, has led …


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Tencent, Alibaba, China Mobile Listed As China's Most Valuable Brands https://www.chinamoneynetwork.com/2017/03/21/tencent-alibaba-china-mobile-listed-as-chinas-most-valuable-brands https://www.chinamoneynetwork.com/2017/03/21/tencent-alibaba-china-mobile-listed-as-chinas-most-valuable-brands#respond Tue, 21 Mar 2017 03:17:30 +0000 https://www.chinamoneynetwork.com/?p=64411 Tencent Holdings Ltd. is China's most valuable brand, according to the latest BrandZ's ranking of China's 100 most valuable brands. …


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LeEco's EV Unit Le Supercar Names New CEO As Co-Founder Ding Lei Steps Down https://www.chinamoneynetwork.com/2017/03/21/leecos-ev-unit-le-supercar-renames-ceo-after-co-founder-ding-lei-steps-down https://www.chinamoneynetwork.com/2017/03/21/leecos-ev-unit-le-supercar-renames-ceo-after-co-founder-ding-lei-steps-down#respond Tue, 21 Mar 2017 03:16:09 +0000 https://www.chinamoneynetwork.com/?p=64397 Ding Lei, co-founder and chief executive officer of China of LeEco's electric car affiliate Le Supercar, has left the company …


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Vodafone Joins Chinese Bike Sharing Craze Via Mobike Partnership In Singapore https://www.chinamoneynetwork.com/2017/03/21/vodafone-joins-chinese-bike-sharing-craze-via-mobike-partnership-in-singapore https://www.chinamoneynetwork.com/2017/03/21/vodafone-joins-chinese-bike-sharing-craze-via-mobike-partnership-in-singapore#respond Tue, 21 Mar 2017 01:22:50 +0000 https://www.chinamoneynetwork.com/?p=64391 Global telecommunications giant Vodafone has joined the bike sharing craze originated in China by agreeing to provide Internet of Things …


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Legend-Backed Tanyuan Tech Completes $59M Shanghai IPO https://www.chinamoneynetwork.com/2017/03/20/legend-backed-tanyuan-tech-completes-59m-shanghai-ipo https://www.chinamoneynetwork.com/2017/03/20/legend-backed-tanyuan-tech-completes-59m-shanghai-ipo#respond Mon, 20 Mar 2017 14:20:27 +0000 https://www.chinamoneynetwork.com/?p=64375 Tanyuan Tech, a Jiangsu province-based high-tech new material maker backed by Chinese investment firm Legend Capital and GSR Ventures, has …


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Qiming Leads $10M Series B Round In Chinese VR Headset Developer Hypereal https://www.chinamoneynetwork.com/2017/03/20/qiming-leads-10m-series-b-round-in-chinese-vr-headset-developer-hypereal https://www.chinamoneynetwork.com/2017/03/20/qiming-leads-10m-series-b-round-in-chinese-vr-headset-developer-hypereal#respond Mon, 20 Mar 2017 07:28:22 +0000 https://www.chinamoneynetwork.com/?p=64359 Qiming Venture Partners has led a series B round worth around US$10 million in Hypereal, a Shanghai-based visual reality headset …


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Citi Claims One Million Users In Asia For Its Voice Authentication Tool https://www.chinamoneynetwork.com/2017/03/20/citi-claims-one-million-users-in-asia-for-its-voice-authentication-tool https://www.chinamoneynetwork.com/2017/03/20/citi-claims-one-million-users-in-asia-for-its-voice-authentication-tool#comments Mon, 20 Mar 2017 07:08:28 +0000 https://www.chinamoneynetwork.com/?p=64361 Over one million of Citi’s consumer banking customers in Asia Pacific has used its voice biometrics authentication service, after the …


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Inside Tencent's AI Lab: How It Created China's Own AlphaGo In A Year https://www.chinamoneynetwork.com/2017/03/20/inside-tencents-ai-lab-how-it-created-chinas-own-alphago-in-a-year https://www.chinamoneynetwork.com/2017/03/20/inside-tencents-ai-lab-how-it-created-chinas-own-alphago-in-a-year#respond Mon, 20 Mar 2017 06:35:37 +0000 https://www.chinamoneynetwork.com/?p=64343 FineArt, an AI Go-playing program developed by the AI Lab of Chinese Internet giant Tencent, is proving to be a …


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Matrix Leads $14M Round In Chinese Online Insurance Start-Up Xiaoyusan https://www.chinamoneynetwork.com/2017/03/20/matrix-leads-14m-round-in-chinese-online-insurance-start-up-xiaoyusan https://www.chinamoneynetwork.com/2017/03/20/matrix-leads-14m-round-in-chinese-online-insurance-start-up-xiaoyusan#respond Mon, 20 Mar 2017 05:39:38 +0000 https://www.chinamoneynetwork.com/?p=64341 Matrix Partners China and Chinese investment firm Tianshili Capital have led a RMB100 million (US$14 million) series B round in …


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Vertex Venture Leads $14M Round In Chinese Logistics Robot Start-Up Geek+ https://www.chinamoneynetwork.com/2017/03/20/vertex-venture-leads-14m-round-in-chinese-logistics-robot-start-up-geek https://www.chinamoneynetwork.com/2017/03/20/vertex-venture-leads-14m-round-in-chinese-logistics-robot-start-up-geek#respond Mon, 20 Mar 2017 03:55:50 +0000 https://www.chinamoneynetwork.com/?p=64322 Vertex Venture Holdings Ltd, a wholly-owned subsidiary of Singapore's Temasek Holdings, has led a RMB100 million (US$14 milllion) series A+ …


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Alibaba, Chinese Delivery Firms Team Up To Fight Pollution With Billions of Greener Packages https://www.chinamoneynetwork.com/2017/03/20/alibaba-chinese-delivery-firms-team-up-to-fight-pollution-with-billions-of-greener-packages https://www.chinamoneynetwork.com/2017/03/20/alibaba-chinese-delivery-firms-team-up-to-fight-pollution-with-billions-of-greener-packages#respond Mon, 20 Mar 2017 02:59:08 +0000 https://www.chinamoneynetwork.com/?p=64318 A total of 31.3 billion packages were delivered in China in 2016, up 51.7% year-on-year and taking a 43% share …


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China's Wanda Enters Cloud Business Via IBM Partnership https://www.chinamoneynetwork.com/2017/03/20/chinas-wanda-enters-cloud-business-via-ibm-partnership https://www.chinamoneynetwork.com/2017/03/20/chinas-wanda-enters-cloud-business-via-ibm-partnership#respond Mon, 20 Mar 2017 02:14:50 +0000 https://www.chinamoneynetwork.com/?p=64311 China's Dalian Wanda Group has entered the public cloud business through the formation of a new company, Wanda Internet Technology …


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IDG Joins $20M Round In Chinese Women Clothing Rental Firm YCloset https://www.chinamoneynetwork.com/2017/03/20/idg-joins-20m-round-in-chinese-women-clothing-rental-firm-ycloset https://www.chinamoneynetwork.com/2017/03/20/idg-joins-20m-round-in-chinese-women-clothing-rental-firm-ycloset#respond Mon, 20 Mar 2017 02:00:45 +0000 https://www.chinamoneynetwork.com/?p=64304 Pan-Lin Asset Management Co., Ltd., a Shanghai-based RMB-denominated private equity firm, has led a US$20 million series B round in …


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SDIC Leads $39M Round In Chinese Small Interfering RNA Drug Developer Ribo https://www.chinamoneynetwork.com/2017/03/17/sdic-leads-39m-round-in-chinese-small-interfering-rna-drug-developer-ribo https://www.chinamoneynetwork.com/2017/03/17/sdic-leads-39m-round-in-chinese-small-interfering-rna-drug-developer-ribo#respond Fri, 17 Mar 2017 11:14:05 +0000 https://www.chinamoneynetwork.com/?p=64254 An advanced manufacture industrial investment fund under China's SDIC Fund Management Co. has led a RMB270 million (US$39 million) series …


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CreditEase's Fintech Venture Fund Invests In Three US Fintech Start-Ups https://www.chinamoneynetwork.com/2017/03/17/crediteases-fintech-venture-fund-invests-in-three-us-fintech-start-ups https://www.chinamoneynetwork.com/2017/03/17/crediteases-fintech-venture-fund-invests-in-three-us-fintech-start-ups#respond Fri, 17 Mar 2017 06:01:10 +0000 https://www.chinamoneynetwork.com/?p=64249 CreditEase Fintech Investment Fund, a venture fund backed by Chinese financial technology firm CreditEase to invest in growth-stage fintech companies …


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CMC, HG Capital Lead $26M Round In Chinese Social Media Ranking Firm https://www.chinamoneynetwork.com/2017/03/17/cmc-hg-capital-lead-26m-round-in-chinese-social-media-ranking-firm https://www.chinamoneynetwork.com/2017/03/17/cmc-hg-capital-lead-26m-round-in-chinese-social-media-ranking-firm#respond Fri, 17 Mar 2017 05:02:09 +0000 https://www.chinamoneynetwork.com/?p=64219 CMC Capital, a Chinese investment firm focused on the media and culture sector, and Chinese private equity firm HG Capital, …


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PAG Leads $100M Round In Chinese Used-Car Auction Platform Chezhibao https://www.chinamoneynetwork.com/2017/03/17/pag-leads-100m-round-in-chinese-used-car-auction-platform-chezhibao https://www.chinamoneynetwork.com/2017/03/17/pag-leads-100m-round-in-chinese-used-car-auction-platform-chezhibao#respond Fri, 17 Mar 2017 03:37:32 +0000 https://www.chinamoneynetwork.com/?p=64200 Asian alternative investment management firm PAG has led a US$100 million series C round in Chinese used-car online auction platform …


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Ant Financial Partners With Bike Sharing Firm Ofo To Expand Use Of Sesame Credit https://www.chinamoneynetwork.com/2017/03/17/ant-financial-partners-with-bike-sharing-firm-ofo-to-expand-use-of-sesame-credit https://www.chinamoneynetwork.com/2017/03/17/ant-financial-partners-with-bike-sharing-firm-ofo-to-expand-use-of-sesame-credit#respond Fri, 17 Mar 2017 03:10:01 +0000 https://www.chinamoneynetwork.com/?p=64194 Ant Financial, the financial services affiliate of Alibaba Group Holding Ltd., has formed a strategic partnership with Beijing-based bike sharing …


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