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Baidu, China Life To Launch $1B Internet, AI Fund

Chinese Internet giant Baidu Inc. and China Life Insurance Co., Ltd will launch a RMB7 billion (US$1 billion) private equity fund targeting investment opportunities in the Internet, artificial intelligence, online finance and mobility sectors.

China Healthcare Investor Forum 2017

中文版请点击这里 The China Healthcare Investor Forum 2017, hosted by China Money Network, will feature the nation’s brightest and most successful healthcare investors discussing key opportunities and challenges in one of the world’s hottest investment sectors. Register now to join leading deal makers from KPCB, CDH Investments, Lilly Asia Ventures and OrbiMed for an intimate and informative panel discussion and open Q&A. Then network with other attendees from top Chinese investment firms and healthcare company executives. Limited seats available. Click Here …

Qualcomm, Accel Lead $10M Round In Smart Device Solutions Provider Borqs

Qualcomm Ventures, the venture capital arm of global semiconductor giant Qualcomm, Inc., and Accel Partners India have led a US$10 million series E round in Beijing and Bangalore-based Borqs International Holding Corp., a provider of smart connected devices and cloud service solutions for the Internet of Things (IoT) sector, according to a company announcement.

Longfort Group Acquires Thailand Restaurant Chain Scoozi

The Longfort Group, a private investment firm backed by an undisclosed Asian family office, has completed an acquisition of Scoozi Italian Restaurant Ltd. in Thailand, marking its first acquisition in the South-East Asian country, it said today. The deal is being done via a unit called L Concepts, Longfort’s food and beverage investment platform, and continues the group’s expansion in the Asian restaurant business. No financial details were disclosed. Scoozi is an Italian craft pizza restaurant chain in Thailand with …