Taiwanese electronics manufacturer Hon Hai Precision Industry Co., Ltd., also known as Foxconn, has joined a long list of international …
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Taiwanese electronics manufacturer Hon Hai Precision Industry Co., Ltd., also known as Foxconn, has joined a long list of international investors in injecting €100 million (US$106 million) in Paris-headquartered Devialet, a developer of high-end speakers and audio systems. The round is led by Ginko Ventures, an European investment fund run by Jean-François Baril, the former […]
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Everbright ReinFore, a private equity unit under Everbright Financial Holding Asset Management, has led a RMB700 million (US$102 million) series …
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Everbright ReinFore, a private equity unit under Everbright Financial Holding Asset Management, has led a RMB700 million (US$102 million) series B funding round in DS365 Technology, a convenience store supply chain service provider in China. China UCF Group Co., Ltd., a Chinese financial services provider also participated in the round. The company completed a RMB170 […]
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China's State Council reemphasized the importance of further development of the country's travel, culture, sports, health and education sectors in …
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China's State Council reemphasized the importance of further development of the country's travel, culture, sports, health and education sectors in an official statement, encouraging social and private capital to deepen investment in them. Private capital is encouraged to improve service quality and supply in what the Chinese cabinet calls "Happiness Industries," according to a statement […]
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Angel Plus, a Chinese angel investment fund co-established by the founder of Chinese education giant New Oriental Education, has launched …
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Angel Plus, a Chinese angel investment fund co-established by the founder of Chinese education giant New Oriental Education, has launched its first U.S. dollar fund with a US$100 million target. The new vehicle will focus on backing U.S. technology start-ups in the artificial intelligence, big data, financial technology, Internet security and smart hardware sectors. The […]
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Online video platform iQiyi has signed an agreement to obtain exclusive rights from U.S. movie production and distribution firm Lionsgate …
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Online video platform iQiyi has signed an agreement to obtain exclusive rights from U.S. movie production and distribution firm Lionsgate to stream its existing and new movies in China. The agreement covers subscription, transactional and advertising video-on-demand rights for films streaming on iQiyi's platform in China, which includes over half a billion unique users. "We're […]
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Zhongwei Fund, an investment platform owned by the former parent company of Meinian Onehealth Healthcare Holdings Co., Ltd., Oriental Fortune …
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Zhongwei Fund, an investment platform owned by the former parent company of Meinian Onehealth Healthcare Holdings Co., Ltd., Oriental Fortune Capital and Puhua Capital have invested RMB65 million (US$9.4 million) in Vedeng Corporation, a medical equipment B2B e-commerce portal in China. The latest round is the company's series A fundraising, after it previously raised RMB30 […]
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World Innovation Lab, a U.S.-Japan venture firm, has led a US$26 million series B funding round in Inagora Inc., an …
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World Innovation Lab, a U.S.-Japan venture firm, has led a US$26 million series B funding round in Inagora Inc., an e-commerce mobile platform focused on providing high quality Japanese products to global consumers, in particular those in China. Japan's ITOCHU Corporation, Ventech China and other investors also participated in the round. The investment follows a […]
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A fund managed by Chinese state-owned investment entity State Development & Investment Corporation (SDIC) has led a US$260 million series …
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A fund managed by Chinese state-owned investment entity State Development & Investment Corporation (SDIC) has led a US$260 million series D funding round in Chinese biopharmaceutical company Innovent Biologics, according to Chinese media reports. New investors China Life Investment Holding Co., Ltd., Taikang Insurance Co., Ltd., Ping An Insurance, as well as existing investors Legend […]
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Matrix Partners China has invested an undisclosed amount in a series A funding round in Baoku Online Inc., a Chinese …
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Matrix Partners China has invested an undisclosed amount in a series A funding round in Baoku Online Inc., a Chinese business travel and expense management company headquartered in Beijing. The round follows an earlier strategic investment of around US$10 million in the company from CBC Capital and Asiainfo-Linkage two years ago, the company announced. "Business […]
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WI Harper Group has teamed up with Luxin Venture Capital Group and Shandong Leader Equity Investment Fund to launch a …
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WI Harper Group has teamed up with Luxin Venture Capital Group and Shandong Leader Equity Investment Fund to launch a cross-border fund focused on investing in start-ups in the U.S. and China, the firms announced. No financial details are disclosed, and it's unclear if the cross-border fund will raise outside capital. The fund will invest […]
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Chinese start-ups are increasing raising capital from corporations, as venture capital becomes tougher to source. Edaixi, an O2O (online-to-offline) laundry …
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