HNA Group has made a US$336 million strategic investment in RocketSpace, a San Fransisco-based technology accelerator to help it expand in China and internationally, says a company announcement. As HNA Group's first deal in the technology accelerator and innovation space, the investment will support RocketSpace's plans to build a global network of tech campuses and […]
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A unit of HNA Group Co., Ltd. has completed a US$450 million strategic investment in Azul S.A., Brazil's third largest airline, with support from Bravia Capital Partners and UBS Investment Bank, says a company announcement. The unit, Hainan Airlines Co., Ltd., has acquire a 23.7% economic stake in Azul to become the single largest shareholder […]
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. Founded in 2013, Vipkid provides one-on-one video teaching sessions for Chinese children between 5 to 12 years old with language teachers based in North America. "The rapid spread of broadband in […]
Discovery Communications has acquired a minority stake in VS Media, a multi-channel online video network focused on supporting online video content celebrities, for an undisclosed amount, says a company announcement. The acquisition follows VS Media's series B round completed in June from CMC Holdings, an investment platform affiliated with China Media Capital (CMC), Founded in […]