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Used Car Trading Site Souche Secures USD 578 Mln Series F
36Kr.com, 9/03/18
The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform Souche.com, recently sent an internal email revealing that the company has completed USD 578 mln in new funding led by Primavera Capital Group and Morningside Ventures with participation by Chinese internet conglomerate Alibaba (NYSE: BABA), Beijing-based Dreamfly Capital Management, Lingfeng Capital, Shenzhen-based Palading Equity Investment, ClearVue Partners, Russia-China Investment Fund, Sunshine Insurance Group, and CreditEase. Read More
Electric Car Maker Xpeng Motors Raises RMB 4 Bln Series B+ Funding
36Kr.com, 8/02/18
Guangzhou-based electric car maker Xiaopeng Motors Technology (Xpeng Motors) recently announced completion of Series B+ funding including RMB 4 bln total B1 and B2 funding. Read More
Low Power WAN Solution Provider EasyLinkin Raises RMB 230 Mln Series B+
36Kr.com, 6/07/18
Wuhan-based low-power wide area network (LPWAN) solution provider Huilian Wuxian Technology (EasyLinkin) has completed RMB 230 mln in Series B+ funding led by China Growth Capital with participation by Qianhai Xingwang Investment Management and Zongzhou Finance. Read More
Baidu-backed Projector TV Maker XGimi Wins RMB 600 Mln in New Funding
Lieyunwang, 3/12/18
Chengdu-based projector TV manufacturer XGimi Technology has won more than RMB 600 mln in joint funding from Chinese internet conglomerate Baidu (Nasdaq: BIDU), Matrix Partners China, Sichuan Culture Industry Equity Investment Fund, Sailing Capital, Bojiang Capital, Pan-Lin Asset Management (Panlin Capital), Luxin Venture Capital Group (600783.SH), and Jirui Capital. Read More
Ant Financial Joins RMB 810 Mln Investment in Shared Bike Operator Youon Low Carbon
Youon Public Bicycle System, 9/19/17
Changzhou-based public bicycle sharing service operator Youon Public Bicycle System (603776.SH) recently announced that its wholly-owned dockless bicycle sharing subsidiary Jiangsu-based Youon Low Carbon Technology plans to add eight new investors including Ant Financial subsidiary Yunxin Venture Capital, Shenzhen Capital Group, and Lingji Enterprise Management Center. Read More
Tencent Leads RMB 235 Mln Funding in Big Data Firm Transwarp
PE Daily, 5/04/17
Shanghai-based big data technology developer Transwarp Information Technologies today announced the completion of RMB 235 mln in Series C funding led by Chinese internet and mobile services firm Tencent (0700.HK). Read More
HNA Group Buys 80% Stake in Finance Information Portal Caijing.com
The Paper, 3/07/17
HNA Group's investment firm HNA Capital Group has acquired an 80% stake in Beijing-based Lianban Cultural Media Company, operator of business news site Caijing.com, according to information from China's national company registry. Read More
Mobile and Browser Game Developer Shinezone Wins RMB 400 Mln Series B
Lieyunwang, 2/16/17
Shanghai-based mobile and browser game developer and publisher Shinezone Network recently announced completion of RMB 400 mln Series B funding from China Fortune Securities, Bank of Ningbo, Shanshan Venture Capital, Jiuyou Fund, Nord Engine Asset Management Group, and Hi-Tech Venture Capital Group (HTVC). Read More
B2B Wine E-commerce Platform 'E Jiupi' Wins USD 100 Mln Series C
36Kr.com, 10/18/16
Beijing-based Yi Jiuping E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced completion of USD 100 mln Series C funding led by Greenwoods Asset Management and with participation from Source Code Capital, Light House Capital, group buy and O2O services provider Meituan-Dianping, and HG Capital. Read More
Alibaba's Finance Affiliate Raises USD 4.5 Bln Series B
Mydriver, 4/26/16
Zhejiang Ant Small & Micro Financial Services Group (Ant Financial), the financial services company affiliated with Alibaba Group (NYSE: BABA), has publicly announced its completion of USD 4.5 bln Series B funding with investment from China Investment Corporation, China Construction Bank Trust, China Life Insurance, China Post Group, CDB Capital, Primavera Capital Group and others. Read More
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