Showing 12 of 140 posts with this tag
Beijing-based market researcher ITjuzi released the 2021-2022 Report on Entrepreneurship and Investment in China's New Economy, offering insight into developments that occurred last year across new economic fields.
Beijing-based life services e-commerce platform, Meituan, had one of its subsidiaries invested in Huzhou Chaona New Energy, with a shareholding ratio of 10%.
Cao Xi, a former partner of Sequoia China, announced on Friday that he and Tim Wang, a former secondary market partner of Boyu Capital, will jointly establish Monolith Management, an investment management institution.
Game publisher Kepler Interactive said Tuesday that it had received $120 million in funding from Chinese game developer NetEase, Reuters reported.
Hubble Technology Investment Co., Ltd., a subsidiary of Huawei, completed the registration of private equity fund managers on January 14, 2022.
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.
Two years after stepping down as CEO of ByteDance, founder Zhang Yiming has launched a personal investment fund in Hong Kong. The fund, named Cool River Venture, is registered as a private limited company and is wholly owned by Galaxy LLC. Zhang Yiming serves as the director of the fund.
EV manufacturer Faraday Future has agreed to go public through a merger with the Property Solutions Acquisition Corp (PSAC) with the combined entity valued at $3.4 billion.
On Tuesday, Forbes released The Midas List of the top-performing investors from around the World in 2022. Neil Shen, the founding and managing partner of Sequoia China, ranked third in the world.
On Monday, Suning.com, the retail arm of Suning Group, announced that two state-backed investors took the lead to establish the second phase of Jiangsu Xinxin Retail Innovation Fund, which would acquire 16.96% equity of Suning.com at a price of 5.59 yuan per share, marking the latest move by China to rescue debt-ridden conglomerate.
On Feb. 5, China’s tech giant Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) announced the pricing of an underwritten registered public offering of $5 billion senior unsecured notes, per Business Wire.
Chinese internet company NetEase announced today its strategic investment in Montreal-based game development company Behaviour Interactive.