Safe Pharmaceutical Research Institute Co., the Beijing-based drug developer and safety testing services provider, has finished a series C round, led by Legend Capital, the China-based venture capital firm formed by conglomerate Legend Holdings.
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Alibaba and SoftBank’s Vision Fund Co-Lead $1.1B Into Indonesia’s E-Commerce Firm Tokopedia
PT Tokopedia, Indonesia’s Taobao, has completed US$1.1 billion, led by SoftBank Group Corp’s Vision Fund and Alibaba Group Holding, with participation from Softbank Ventures Korea, according to a company announcement today.
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Alibaba and …
Citibank, HSBC Grant Credit Financing To China’s Cross-Border E-Commerce Firm Dolphin
Shenzhen Dolphin Cross Border Technology Co., a Chinese cross-border online shopping supply chain services provider, has inked a strategic partnership with several commercial banking firms including Citibank and HSBC to obtain a total of tens of millio…
Warburg Pincus and Hande Group To Invest $1B In New Joint Venture For Special Situations Real Estate Opportunities in China
Warburg Pincus and Hande Group will tie up to establish a corporate joint venture to pursue special situations investment in real estate projects in China.
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Warburg Pincus and Hande Group To Invest $1B In New Joint Venture For Special Si…
China’s Food E-Commerce Firm Xianlife Gets Investment From AI Firm Face++
Beijing Xianlife E-Commerce Co., a Chinese business-to-consumer (B2C) food e-commerce firm, has secured a new round of financing from a strategic investor Face++ and a South Korea consortium, Xianlife announced today during a press conference in Beijin…
China’s Court Bans iPhone Sales Due To Its Patent Dispute With Qualcomm
A court in southeastern China’s Fujian province has issued a ban in the country on most iPhone sales due to a patent dispute between the U.S. chipmaker Qualcomm and Apple, according to a Qualcomm statement released on Monday.
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Chin…
East China’s Zhejiang Province To Invest Over $17B To Boost Tech Sector
East China’s Zhejiang Province, where e-commerce giant Alibaba resides, plans to invest over RMB120 billion (US$17.5 billion) to accelerate the tech industry and scientific innovation in the coming five years, according to an announcement from th…
Chinese Biopharmaceutical Firm Junshi Biosciences Targets $414M IPO In Hong Kong
Chinese biopharmaceutical company Shanghai Junshi Biosciences Co. has filed for a US$414 million initial public offering in Hong Kong, according to a security filing released today.
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Chinese Biopharmaceutical Firm Junshi Biosciences Targ…
China’s Social Commerce Start-Up Meiri Yitao Secures $100M Round Led By Genesis Capital
Meiri Yitao, a fresh produce social commerce platform backed by Chinese e-commerce firm MissFresh, has secured a US$100 million series B round of financing led by internet-focused growth capital fund Genesis Capital.
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China’s Socia…
China’s Caring Robot Developer Emotibot Nets $30M In Series B Round
Emotibot Technologies Limited, a Chinese communicational robotics solution developer, has secured US$30 million in a series B round of financing, led by China Development Financial, with participation from Cathay Financial Holding.
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Chin…