China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.
DealShot: Sequoia, LYFE Capital Co-Lead $37.5M Series B Round In China’s HiFiBiO Therapeutics
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.
DealShot: Sequoia Capital Leads $28M Series A+ Round In Chinese Lifestyle Brand NOME
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.
DealShot: Sequoia Capital Lead $40M Series B Round In China’s MabSpace Biosciences
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.
Chinese Long-Term Apartment Leasing Firm Uoko.com Raises $157M C1 Round
Chinese long-term apartment leasing start-up Uoko.com has completed a C1 round worth RMB1 billion (US$157 million), including equity and debt financing from various venture capital firms and banks, according to an announcement made by the company’s financial advisor, Galaxy Capital.
Singapore’s GIC Leads $260M Series B Round In Chinese Biopharma Company CStone
GIC, the Singapore investment firm managing the state’s foreign reserves, has led a US$260 million (RMB1.653 billion) series B financing in CStone, a Chinese bio-pharmaceutical company.
Tencent-Backed Online Fashion Retailer Meilishuo Plans $500M IPO
Meili Inc., a Tencent-backed online fashion retailer, is planning to raise a total of US$500 million in an initial public offering in the U.S., according to media reports citing insiders.
AI Solutions Provider Aibee Raises $15.7M From Billionaire Mall Operator
Adrian Cheng Chi-kong, Hong Kong mall operator and heir to the billionaire Cheng Yu-tung, has made a RMB100 million (US$15.7 million) strategic investment in Aibee, an artificial intelligence solutions provider.
China’s Venture Capital Market Tops World As $15.6B Deployed In April Alone
Chinese venture capital activity continued its blistering pace of growth in April, with investors inking 209 deals with venture-backed companies worth a total US$15.59 billion. April’s total VC deal value in China was 166% higher than the monthly average in the U.S., according to the China VC Tracker released by China Money Network today.
GGV Leads $15.7M Series B Round In Chinese AI Medical Data Start-up Synyi
Venture capital firm GGV Capital has led a RMB100 million (US$15.7 million) series B round in Shanghai-based artificial intelligence-powered medical data solutions provider Synyi.
Sequoia China Sues Cryptocurrency Billionaire Zhao, Exposes Binance Valuation
Sequoia Capital China’s lawsuit against Zhao Changpeng, founder and CEO of Hong Kong-based cryptocurrency exchange Binance, gives a rare view into how the world’s biggest exchange was valued as cryptocurrency prices soared.
Softbank, China Reform Fund Co-lead $1.9B Round In Truck-hailing Firm Manbang
Chinese truck-hailing firm Manbang Group has completed a US$1.9 billion round led by Softbank Vision Fund and China Reform Fund, a private equity firm backed by China Reform Holdings Corporation Ltd and other central state-owned enterprises.
NIO Capital Said Raising $500M Offshore Fund For Auto Investment
NIO Capital, a private equity fund established by Chinese electric car company NIO, is close to completing the first round of a US$500 million offshore fund that will invest in new automotive technologies, according to media reports.
DealShot: Sequoia Capital Leads $48M Series C Round In Baby Products Shopping Platform PatPat
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.
Fintech Start-up 100Credit Gets $159M From State-owned China Reform Fund
China Reform Fund Management Co.,Ltd, a private equity firm backed by China Reform Holdings Corporation Ltd and other central state-owned enterprises, has led a RMB1 billion (US$159 million) series C round in 100Credit, a fintech start-up that uses big data to provide credit services.
Morgan Stanley, Crescent Point Invest In Long-term Apartment Rental Firm QingKe
Morgan Stanley Private Equity Asia and private equity fund Crescent Point have led a series C round in Shanghai-based long-term apartment rental provider QingKe.
Chinese Big Data Firm MiningLamp Gets $159M C Round From Tencent, China Renaissance
Tencent Holdings’ investment fund and Chinese investment banking and asset management firm China Renaissance have led a RMB1 billion (US$159.2 million) series C round in Chinese big data firm MiningLamp, according to China Renaissance’s official WeChat account.
Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Alibaba Group Holding Ltd. is accelerating its research and development of autonomous driving technology, and is looking to recruit more than 50 people to build up its team, people familiar with the matters told China Money Network.
Tencent, Changan Automobile Launch Connected Vehicle Platform Joint Venture
Chinese Internet giant Tencent Holdings Ltd. has set up a joint venture with Chinese automobile manufacturer Changan Automobile Co., Ltd. to co-develop autonomous driving technologies and connected vehicle platforms.
Warburg Pincus Leads $44M C Round In Chinese Behavior Analysis Firm Sensors Data
An affiliate of Warburg Pincus has led a US$44 million series C round in Sensors Data, a Chinese company providing user behavior data analytics platform and insights to enterprise clients.
Chinese Travel B2B Platform Octopus Gets $95M From Tempus Group, Ant Financial, CCB
Suzhou-based travel B2B platform Ba Zhua Yu Online, or Octopus, has raised a RMB600 million (US$95 million) series C round from Tempus Group, a conglomerate focusing on travel and personal financial services, Ant Financial and CCB International, an investment services firm owned by China Construction Bank Corporation.
Meituan Dianping Rumored To Buy Chinese Bike Sharing Firm Mobike For $3.7B
Chinese group-buying and location-based services firm Meituan Dianping is reportedly in talks to buy bike sharing firm Mobike for US$3.7 billion, according to Chinese media reports citing insiders. Both Meituan and Mobike did not respond inquiries from China Money Network to confirm the news. Insiders say that the two parties are likely to announce the deal soon, but the talks could still fall apart. Last month, Meituan was reportedly leading a new financing round in Mobike. Meituan is rumored to …
Sequoia China Leads $50M Series C Round In Antibody Discovery Firm Adagene
Sequoia China has led a US$50 million series C round in Suzhou-based antibody discovery and development firm Adagene Inc.
Meituan Dianping Reported To Seek Hong Kong IPO At $60 Billion Valuation
China’s Meituan Dianping, an online platform for ordering food and booking movies and restaurants, is reportedly considering an initial public offering in Hong Kong as early as this year, people familiar with the plan said.
Chinese AI Medical Imaging Start-up Infervision Raises $47M From Sequoia, Qiming
Infervision, a Chinese artificial intelligence start-up developing medical imaging technology, has announced to complete a RMB300 million (US$47 million) series B+ round from existing investors Sequoia Capital China, Qiming Venture Partners and Genesis Capital.
CICC, COFCO Said To Invest $2B In JD Finance At $26B Valuation
Chinese investment banking firm China International Capital Corporation Limited (CICC) and China National Cereals, Oils and Foodstuffs Corporation (COFCO) are in talks to lead a RMB13 billion (US$2 billion) round in Chinese e-commerce giant JD.com Inc.’s financial services spin-out, JD Finance, according to China Securities Journal, a Xinhua News Agency-controlled newspaper.
Chinese Cell Therapy Firm JW Therapeutics Closes $90 Million Series A Financing
Chinese cell therapy company JW Therapeutics (Shanghai) Co., Ltd announced that it has raised a US$90 million series A found led by investors Temasek, Sequoia Capital China, and YuanMing Capital, a Beijing-based US dollar fund focusing on investments in pharmaceutical research and development, medical devices and services in both China and the U.S.
DealShot: Chinese Home Rental Booking App Locals Raises $15.8M From Shunwei Capital
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.
Chehaoduo, Formerly Guazi, Raises $818M Series C Round Led By Tencent
Chehaoduo, a Chinese auto retail services platform formerly known as Guazi, has raised US$818 million series C round of financing led by Tencent Holdings Ltd.
DealShot: Sequoia Leads $50M Series C Round In Chinese Travel Guide Booking Service Platform Hi Guides
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.
DealShot: Sequoia Capital Leads $32M Series B Round In Chinese Adaptive Security Technology Company QingTeng
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.