Suning Sports, the sports unit of Chinese retailer Suning Holdings Group, announced that it has completed a series A round led by Alibaba Group Holdings and Goldman Sachs.
A consortium led by Jack Ma-backed Yunfeng Capital and Shenzhen-listed Chinese biopharmaceutical company Hybio Pharmaceutical has entered into an agreement to buy all the shares of German speciality pharmaceutical firm AMW GmbH, according to the latter’s announcement.
China’s relaxed population policy and a cultural emphasis on education have made online education a new favorite for investors. An indicator of this strong enthusiasm is the fact that four Chinese online educational firms have raised a total of US$604.2 million in venture funding this week.
Vipkid, a Chinese K-12 online education platform, announced that it has raised a US$500 million series D+ round led by technology-focused hedge fund Coatue Management, Tencent Holdings Ltd, Sequoia Capital China, and Jack Ma-backed Yunfeng Capital.
ICBC International Holdings Ltd, SPDB International and Gaocheng Capital have invested in a US$200 million series C+ round in Yitu Technology, a Shanghai-based artificial intelligence start-up specialized in the field of machine vision, big data and advanced hardware, according to Yitu’s announcement on its official WeChat account.
China and US-headquartered biomedical firm Brii Bio has raised US$260 million from Sequoia Capital, Yunfeng Capital and others.
Suning Finance, the financial services unit of Chinese electronics retailer Suning Commerce Group Co., Ltd., has raised RMB5.335 billion (US$814 million) from 15 investors including Yunfeng Capital, an investment firm co-founded by Alibaba’s executive chairman Jack Ma.
Italian biomedical equipment maker Esaote S.p.A. announced that a consortium of Chinese investors, including Yunfeng Capital co-founded by Alibaba’s Jack Ma, have entered into definitive agreements to acquire the entire share capital of the company.
When you are Jack Ma, you never think small. The founder and executive chairman of Chinese technology giant Alibaba Group Holding Ltd. says he thinks that Yunfeng Capital, the private equity fund he co-founded, will one day rival the most powerful money managers in the world.
WuXi NextCODE, a genomic big data platform resulted from a merger between Chinese contract research outsourcing provider WuXi AppTec’s genome center and NextCODE, has raised a US$240 million series B financing led by Sequoia Capital China. The round is among the largest venture financing deals for a start-up in the healthcare sector in China.
Yunfeng Capital, a private equity firm founded by Alibaba’s Jack Ma and Chinese entrepreneur David Yu, has announced plans to invest hundreds of millions of RMB in Davost Intelligence, a Beijing-based company specializing in providing business analysis and strategy planning services to the tourism sector.
Yunfeng Capital, a private equity firm founded by Alibaba founder Jack Ma and Tiger Media’s founder David Yu, has led a RMB200 million (US$29 million) series B round in Yinhekuyu Media, a Tianjin-based video content producer.
China-focused investment firm Hillhouse Capital Group has led a RMB380 million (US$55 million) series C financing round in Yitu Technology, a Shanghai-based artificial intelligence start-up specialized in the field of machine vision, big data and advanced hardware.
WuXi NextCODE, a contract genomics organization and a unit under Wuxi AppTec, has closed a US$75 million series B financing co-led by Temasek Holdings and Yunfeng Capital. Other investors, including Amgen Ventures, a corporate venture capital fund established by Amgen Inc., and 3W Partners, a Greater China and cross-border focused private equity firm, also participated in the round. "We are building the world’s leading genomic data platform, applying genome sequencing data at scale to improve human health and wellness around …
Chinese e-commerce giant Alibaba Group has netted at least US$1 billion in proceeds by selling most of its shares of location-based social networking mobile app firm Momo Inc. The divestment locks in a net gain of at least 50-times the e-commerce company’s initial investment.
Shanghai-based Alisports, the sports unit of Alibaba Group Holding Ltd., is in the process of raising a RMB1.2 billion (US$170 million) series A round led by Yunfeng Capital, a private equity firm co-founded by Alibaba’s founder Jack Ma.
Yunmanman, a freight transportation and logistics mobile app operator in China, has reportedly raised US$160 million in new venture funding from two unnamed international investment institutions and existing investors, according to Chinese media reports.
Most people think of Yunfeng Capital as a private equity firm run by Alibaba Group Holding Ltd.’s chairman Jack Ma. But it has two co-founders, with the other key backer, Chinese entrepreneur David Yu, often unjustly overlooked.
Yunfeng Capital, GGV Capital and Stone Capital have joined a new financing round in E-House (China) Holdings Ltd., shortly after the Chinese real estate services firm completed a go-private deal, according to Chinese media reports.
Yunfeng Capital, Sequoia Capital and other existing investors have invested US$100 million in a series C round of financing in children education platform Vipkid.
Chinese condiment maker Yihai International Holding, in which Yunfeng Capital owns a 6% interest, is looking to list in Hong Kong, according to a prospectus the company filed with the stock exchange.
Shanghai YTO Express (Logistics) Co., Ltd., backed by Alibaba Group Holdings and Yunfeng Capital, is moving closer to an A-share listing through a reverse merger with Chinese garment maker Dalian Dayang Trands Co., Ltd.
Chinese movie studio Huayi Brothers Media Corp., Tencent Holdings Limited and Yunfeng Capital have agreed to acquire a controlling stake in a Hong Kong-listed shell company for HK$547 million (US$70.6 million), according to a disclosure filing.
Alibaba Group Holding Limited has teamed up with Sina Corporation and Yunfeng Capital to establish Alibaba Sports Group, which will launch new businesses in sports copyrights, sports media, events, and ticketing.
Chinese courier firm Quanfeng Express has received funding from Yunfeng Capital, a private equity firm co-founded by Alibaba Group Holding’s Jack Ma, according to information posted on Quanfeng’s website.
Shanghai-based private equity firm Yunfeng Capital is raising around US$1 billion for its second fund, according to media reports.
Shanghai-based Chinese video game company Giant Interactive Group is selling its stake in Alibaba Group Holdings to New York-based investment firm Tiger Global Management LLC for around US$199 million, according to a company announcement.
Hangzhou-based Chinese e-commerce giant Alibaba Group has acquired 54% in Chinese pharmaceutical data firm CITIC 21CN for around HK$1.3 billion (US$170 million), according to a security filing.