Searching for "David Feng Yu"
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Beijing-based IT management visualization solutions provider Uinnova Technology recently said that it completed RMB 120 mln in Series B funding from Yunfeng Capital at the end of 2017. Read More
PC and mobile online game developer and operator Giant Network Group (002558.SZ) and its wholly owned subsidiary Giant Investment (HK) will participate in Series C+ funding for Bennet Holding, operator of housing rental platform Mogo Room. Read More
Alibaba Sports, a subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently confirmed that it has begun soliciting Series A funding, and that it is looking to sell a 15% equity stake to raise RMB 1.235 bln at an RMB 7 bln valuation. Read More
Beijing-based medical equipment developer China Resources Wandong Medical Equipment (6000055.SH) has announced a plan to raise RMB 880 mln in funding through a private offering of an additional 24.96 mln shares to 7 designated investors. Read More
An industry source divulged today that Chinese group buy site FTuan will merge with Gaopeng, the group buy joint venture of Groupon and Tencent (0700.HK), to form a new group company, with FTuan CEO Lin Ning to be named CEO. Read More
According to Groupon's IPO prospectus, E-Commerce King Limited, operator of Chinese group buy site Gaopeng.com, reported USD 2.14 mln in revenue and USD 46.45 mln in net loss from operations for the first nine months of 2011. Read More
Alibaba Cloud Computing ("AliCloud"), the cloud technology subsidiary of Hangzhou-based e-commerce conglomerate Alibaba Group, today announced it is partnering with Chinese private equity firm Yunfeng Capital to establish a RMB 1 bln cloud computing investment fund aimed at supporting developers for AliCloud's cloud platform and mobile OS. Read More
Chinese e-commerce conglomerate Alibaba Group has secured USD 1.6 bln in investment from multiple investors in exchange for existing shares held by company employees representing a 5% stake. Read More
Yahoo reportedly refused a USD 3.5 bln offer for a 15% stake in Alibaba Group from a group of investors led by Alibaba CEO Jack Ma in early 2011, two industry sources have told Forbes. Read More
David Feng Yu, co-founder and chairman of the Yunfeng Fund initiated by Yu, Alibaba Group chairman Jack Ma, and Giant Interactive (NYSE: GA) chairman Shi Yuzhu, has revealed the fund raised approximately RMB 10 bln in its first round. Read More