Chinese supply chain fintech firm Linklogis has completed over US$220 million series C round of financing led by the Singapore’s sovereign wealth fund Government Investment Corporation (GIC), with participation from GLP, Skyworth, China Oceanwide…
Alipay Singapore Injects $210M Into Indian Food Delivery Firm Zomato
Indian food delivery company Zomato has just secured a US$210 million investment from Alipay Singapore Holdings Pte Ltd, a subsidiary of Ant Financial.
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China Merchants Group Leads $10 Million Series A Round In Fintech Firm XTransfer
Chinese fintech firm XTransfer, which provides cross-border payment services for small and medium exporters, has secured a US$10 million series A financing round led by China Merchants Group.
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China Merchants Group Leads $10 Million Seri…
Sequoia Invests $10M In Chinese Cross-Border Payment Provider Ksher
Beijing-based cross-border mobile payment service provider Ksher has raised a US$10 million series A round of financing from Sequoia Capital, according to Chinese media reports.
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Sequoia Invests $10M In Chinese Cross-Border Payment Provi…
Chinese Industrial Robot Firm QKM Secures $144M In Series C Round
Chinese industrial robot firm Quotient Kinematics Machine, which is among China Money Network’s China AI Top 50, has secured a nearly RMB1 billion (US$144 million) series C financing round from Chinese investment firms Technology Financial Group …
Chinese Fast Food Franchise Xi Xiang Receives RMB120 Million Series B Round
Xi Xiang, a Chinese fast food franchise targeting the white-collar lunchbox market, has raised a RMB120 million (US$17 million) series B round from Chinese investment firms Silicon Paradise and Zhongjin Capital Management Limited.
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Chin…
Gaocheng Capital Leads $29M Round In Chinese Mobile Security Firm Zhizhangyi
Beijing-based mobile security solutions provider Zhizhangyi Technology has raised a RMB200 million (US$29 million) series B round of financing led by Gaocheng Capital, according to a company statement.
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Gaocheng Capital Leads $29M Round …
Temasek-Backed Biotech Firm Innovent Seeks To Raise Up To $500M In HK IPO
Chinese biotech Innovent Biologics, Inc., backed by Singapore’s Temasek Holdings, is seeking to raise US$400 million to US$500 million in an initial public (IPO) offering in Hong Kong.
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Temasek-Backed Biotech Firm Innovent Seeks T…
Alibaba Merges Ele.me And Koubei To Compete With Meituan
Chinese e-commerce giant Alibaba Group Holding Limited said today it is merging its food delivery unit Ele.me and in-store consumption, to compete with Meituan Dianping for dominance in China’s growing on-demand services market.
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A…
Chinese Medical Cosmetology Platform SoYoung Seeks For US IPO
Chinese medical cosmetology platform SoYoung is seeking for an initial public offering (IPO) in the US, putting the company at a potential valuation between US$2 billion and US$3 billion, according to a Chinese media.
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Chinese Medical Co…