Investment Archives - Page 7 of 8

China VC Weekly: Chips, Biotech, Cleaning Robots and Car Rental

China VC Weekly reports the updated investment information in fields of Chips, Biotech, Cleaning Robots and Car Rental.

Luckin Lenders Wins Court Order, Will Wind Down Lu Zhengyao’s Two Assets

Luckin Lenders won an order to wind down two entities owned by Lu Zhengyao, Chairman of Luckin Coffee.

Silicon Valley-based Real-Time Engagement Platform Agora.io Targets US IPO

After receiving $70 million cross-border investment in 2018, Chinese RTC service provider Agora.io these days planned its U.S. IPO.

Bytedance To Launch Second Corporate Entity In India

Chinese multinational internet company ByteDance is looking to launch a second corporate entity in India after ByteDance India Services Ltd.

DiDi Completes Over $500 Million Fundraising Round for Its Autonomous Driving Subsidiary

Chinese ride-hailing giant Didi Chuxing has completed the first fundraising round of over $500 million for developing its autonomous driving technologies.

China Securities Regulatory Commission Begins Luckin Coffee Investigation

The CSRC has sent an investigative team to inquire into fraud allegations against Luckin Coffee. Several auditors are currently inspecting Luckin’s financial situation.

Sony Pays $400 Million for Shares of China’s Bilibili, Joining Tencent and Alibaba as Strategic Investors

Chinese video sharing website Bilibili received $400 million in strategic investment from Sony and will further collaborate with the Japanese conglomerate, it announced on Thursday.

China VC Weekly: Xiaomi’s Latest Indian Moves, SaaS in Fashion and a Big Win for Medical Imaging

The coronavirus outbreak is still in full force, limiting business opportunities and impelling investors to put their activities on hold.

Here Are China’s Fastest Growing Cities

While China’s tier-one and tier-two cities keep rapidly expanding, making us marvel at the speed and quality of their development, the really astounding action is happening elsewhere.

Ant Financial Launches Major Fintech Conference in Shanghai

Ant Financial announced the launch of the INCLUSION Fintech Conference, an event that aims to bring together the global financial and technology community.

A+H Dual Listing Plan？Ant Financial: No Plan or Timetable

Ant Financial has responded to rumors of dual listing IPO of both A-shares and H-shares, saying there is no plan or timetable for an IPO.

Alibaba Poures $10M into Indian Logistics Startup

Alibaba has invested $10 million into XpressBees, an eCommerce logistics firm based in Pune, India.

Samsung to Invest Another $8 billion in Chinese Chip Plant

According to local news on December 13, Samsung will increase its investment in its Chinese chip plant by $8 billion as the second stage of the second phase of the project.

Tencent Pours $2 Billion Into Kuaishou

Chinese short-video platform Kuaishou has raised its latest found of financing, to the tune of nearly $3 billion.

Ant Financial to Raise $1 Billion to Invest in Indian and SE Asian Startups

Alibaba Group’s financial services affiliate Ant Financial is preparing to raise $1 billion for a fund that will invest in fintech startups in Southeast Asia and India.

Indian Digital Payment Provider Paytm Nears $2 Billion From Backers Including Ant Financial

Paytm is close to scoring $2 billion of new financing from investors including Alibaba’s Ant Financial and SoftBank Group Corp., Bloomberg reported citing a person familiar with the matter.

Singulato Motors Completes New Round of Funding Close to $100 Million

Chinese electric vehicle (EV) maker Singulato Motors received a capital injection from Japan’s Itochu Corp amounting to nearly $100 million on October 12, according to Reuters.

Geely Invests in Flying Taxi Company Volocopter

Chinese automotive company Geely led a Series C financing round of $55 million into German flying taxi company Volocopter.

Alibaba Acquires NetEase Kaola for $2 Billion

The case regarding where NetEase's cross-border e-commerce platform Kaola will end up has been closed, as Alibaba acquired the branch for $2 billion.

Tencent Invests in Chinese Comic App Kuaikan

On August 27, Annie Chen, founder and CEO of Kuaikan, a comic art platform in China, announced in an internal letter that the company has received an investment of $125 million from Tencent Holdings.

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