Chinese e-commerce giant JD.com announced on late Thursday that it has made a strategic investment in Lecoo, a smart retail unit of Hong Kong-based technology firm Lenovo, in an attempt to combine the two companies’ strengths in online and offlin…
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Chinese Intelligent Transformable Robot Developer Robosen Secures $14M Fresh Funds
Chinese intelligent auto-transforming robot developer Robosen announced on Wednesday that it has raised RMB100 million (US$14.46 million) in a series A round of financing led by CMB International, a wholly-owned subsidiary of China Merchants Bank.
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Boston-Based PE Firm Bain Capital Invests $570M In Chinese Cloud Computing Start-Up
Chinese cloud computing infrastructure developer Beijing Qinhuai Technology revealed on Tuesday that it has raised US$570 million fresh funds from Bain Capital, about three months after the Boston-based investment company acquired its parent company.
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Nasdaq-Listed Chinese Used Car E-Commerce Platform Uxin Gets $230M Fresh Funds
Chinese used car e-commerce platform Uxin Limited announced on Wednesday that it will raise US$230 million in a new funding round through a convertible note purchase agreement with affiliates of Chinese online classifieds marketplace 58.com, Warburg Pi…
Warburg Pincus Seeks To Raise $4.25B For Second China-Southeast Asia PE Fund
Global investment powerhouse Warburg Pincus is planning to raise up to US$4.25 billion for its second China and Southeast Asia-focused private equity fund, “Warburg Pincus China-Southeast Asia II-E,” according to a regulatory document filed with the SE…
SoftBank-Backed Chinese Cancer Detection Products Developer Gets $66M Fresh Funds
New Horizon Health, a Chinese company that primarily develops cancer detection and screening products, unveiled on Friday that it has secured US$66 million in a series C round of financing led by Hong Kong-based private equity firm VMS Investment Group…
Report Summary | China Outbound Investment: Accessing The ASEAN Opportunity Through Singapore
China Money Network, in conjunction with TMF Group, is proud to launch their event and report series: China Outbound Forum 2019: Accessing the ASEAN Opportunity Through Singapore.
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Report Summary | China Outbound Investment: Accessing Th…
Chinese Healthcare Service Provider Shanzhen Raises Series B Round To Serve Senior People
Shanzhen, a Chinese brand that delivers healthcare services to middle-aged and elderly people, announced on Tuesday that it has raised tens of millions of U.S. dollars in a series B round of financing led by global trading and broker-dealer company Sus…
Chinese PE Firm’s US Affiliate Peakview Capital Closes Overseas Fund Of Funds At $100M
Peakview Capital, a U.S. investment division of Chinese private equity investment advisory firm Shengjing Group, unveiled last Friday that it has reached the second close — which is also the final close — for a new fund dubbed “ZGC Peakview…
Chinese Self-Driving Logistics Vehicle Provider Neolix Technologies Gets Nearly $15M
Neolix Technologies, a Chinese self-driving logistics vehicle developer, has raises nearly RMB100 million (US$14.54 million) in a series A round of financing from the country’s venture capital firm Yunqi Capital and Glory Ventures.
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