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O2O Auto Service Booking Platform 'Jekun Auto' Lands RMB 100 Mln Series A

36Kr.com, 6/06/16

Guangzhou-based Jekun Auto Service Chain, operator of online and mobile vehicle maintenance booking platform Jekun Auto, has announced it completed RMB 100 mln Series A funding led by Shangxin Investment Management Consulting, with participation from Bain Capital Private Equity's managing director Jonathan Zhu (Zhu Jia). Read More

Youku Files for USD 150 Mln NYSE IPO

Sina Tech, 11/16/10

Chinese online video site Youku has filed its IPO prospectus with the U.S. Securities and Exchange Commission (SEC), and plans to raise up to USD 150 mln in an NYSE listing. Read More

Rumor: Gome Factions Make Peace

21st Century Business Herald, 10/17/10

According to source within Chinese electronics retailer Gome (0493.HK), Bain Capital board member Zhu Jia and chairman Chen Xiao reached an agreement with Wong Kwong Yu's representatives Du Juan and Huang Yanhong in Beijing on October 14 during a fresh round of talks. Read More

Youku Raises USD 40 Mln Funding

Youku PR, 12/21/09

Chinese video-sharing site Youku has announced that it has closed USD 40 mln in private equity funding in a first tranche of a growth financing round from venture capital firms Chengwei Ventures, Brookside (Bain) Capital, Maverick Capital and Sutter Hill Ventures. Read More

Gome Chairman Reduces Stake to 1.91%

Beijing Business Today, 7/08/09

Chinese consumer electronics and home appliance retailer Gome (0493.HK) has announced that Gome chairman Chen Xiao has dissolved the Yongle Trust Company established in 2006 when Gome acquired Yongle Household Electrical Appliances. Read More

Rumor: Bain Capital to Acquire 18% Stake in Gome

CCID, 6/05/09

An inside source has revealed that Bain Capital plans to acquire an 18% stake in Chinese consumer electronics and home appliance retail chain Gome (0493.HK) for USD 400 mln as well as purchase seven-year convertible bonds. Read More

Huawei Halts Sale of Handset Unit

Reuters, 10/09/08

Chinese telecom equipment manufacturer Huawei has announced that due to global market conditions it will be halting the sale of a stake in its mobile handset unit. Read More

Huawei Shortlists 5 Bidders for Mobile Device Unit

Dow Jones Newswires, 7/22/08

Sources familiar with the situation have stated that the sale of the mobile device unit of Chinese telecom equipment manufacturer Huawei has been narrowed down to a short-list of 5 bidders, two of which are consortiums. Read More

Youku Obtains New Round of Funding

Sohu IT, 6/30/08

Chinese online video site Youku has announced the completion of a new USD 30 mln round of funding, the company's fourth round of VC funding. Read More

Huawei May Sell Stake in Mobile Devices Unit

Sina Tech, 5/08/08

Informed sources have revealed that Huawei is considering selling a multi-billion dollar stake in its mobile devices division to a foreign investor able to help it enter the North American market. Read More