CMN PwC May 2018 Report 1200×90

Will Investors Pouring Billions Into Chinese Used-Car O2O Firms Get Run Over?

Investors are again throwing money at China’s online used-car e-commerce market. After a decade of massive new car sales, the Chinese used car market is growing fast and potential profits abound. But with the market highly fragmented and rival online-to-offline players burning cash faster than buyers can drive cars off the lot, one can’t help wondering if this market is about to crash, and which investors will get hurt.

GGV Leads $10M Round In Cross-Border E-Commerce Firm Yamibuy

China-focused venture capital firm GGV Capital has led a US$10 million series A round in Yamibuy, an e-commerce platform focused on selling specialty Chinese and Asian goods to Asian consumers living in North America. Chinese private education firm New Oriental Education & Technology Group Inc. also participated in the round.

Tencent Joins $1.4B Round In Indian E-Commerce Platform Flipkart

Tencent Holdings Ltd, eBay Inc. and Microsoft Co. have led a US$1.4 billion in Flipkart, India’s leading e-commerce platform. The financing round values the Indian online shopping company at US$11.6 billion post-money, below the company’s previous valuation of US$15 billion when it raised a US$700 million funding round in 2015. In addition, eBay announced that it would sell its Indian business to Flipkart, together with its US$500 million cash investments, in exchange for an equity stake in the company, according …

Eight Roads Ventures Leads Series C Round In Chinese Parenting Platform MAMA+

Eight Roads Ventures, formerly Fidelity Growth Partners, has led a series C round investment in Beijing-based parenting platform MAMA+. GSR Ventures, Lightspeed Venture Partners, Steamboat Ventures, the venture capital arm of The Walt Disney Company, and unnamed Chinese investment institutions also participated in the financing round, which is reportedly worth tens of million of U.S. dollars.

Shenzhen Venture Funds Invest $150M In Chinese Rural E-commerce Platform Maihuolang

Several Shenzhen-based RMB funds, including Shenzhen New Industry Venture Capital, Shenzhen Weiji Investment Company and Qianhai Great Wall Fund Administration (Shenzhen) Co., Ltd. have invested RMB1 billion (US$150 million) in a series A round in Maihuolang, a Beijing-based e-commerce platform serving China’s rural communities.

The Worst Fails Of Chinese Tech High-Flyers In 2016

As venture capital investors tightened their purse strings following often-unrealistic valuations, start-ups in China have suffered from a lack of funding since the latter part of 2015. According to Chinese start-up and venture data tracker IT Juizi, a total of 1,390 start-ups have shut operations as of mid-January, accounting for 3% of all Chinese start-ups.

China Valuation Bubbles Face Further Squeeze In 2017

As smartphone penetration plateaus in China, Internet companies in China are eagerly hunting for the next major platform that will sustain continuous growth. But before the dawn of the next technological revolution, how to maintain growth momentum in such a saturated market is the biggest question for all players.

Walmart Ups JD.Com Stake To 12% To Deepen China Partnership

U.S. retail giant Wal-Mart Stores, Inc. has increased its stake in Chinese e-commerce firm Inc. to 12.1% as of the end of 2016, up from 10.8% last October, deepening its partnership with China’s second largest online shopping platform behind Aliababa, according to a securities filing.