
Blackstone Expands Shanghai Office, Signaling Increased Investment in China
Blackstone (Shanghai) Private Equity Fund Management Co., Ltd., a subsidiary of the global asset management giant Blackstone, has recently expanded its Shanghai offices.
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Blackstone (Shanghai) Private Equity Fund Management Co., Ltd., a subsidiary of the global asset management giant Blackstone, has recently expanded its Shanghai offices.
American shared workspace provider WeWork’s Chinese unit secured a $200 million investment led by Trustbridge Partners.
Tencent has made six major moves within the medical field this year, investing in several medical device enterprises.
Chinese Internet company ByteDance plans to disband its investment business as a whole, involving about 100 employees.
On 29 October, HoloMatic (Beijing) and Guangzhou Automobile Group Co., Ltd. (GAC Group) signed an agreement in Guangzhou to deepen their cooperation.
In 2023, Chinese automaker BYD is focused on expanding into global markets and enhancing its technological capabilities. Kunlunxin, a chip company in China, has announced that BYD had become one of its new shareholders.
In last week’s VC news across China, logistics upstart YQNLink bags a whopping $100 million in its latest round, Hong Kong-based investment firm Gaw Capital Partners closes a further $430 million in funds, robotics startup MegaRobo closes a hefty $65 million investment round while Suzhou’s IntoCare Medical rakes in more than $15 million in its Series D fundraising round.
On Friday, BAI Capital announced that from January 2022, William Zhao and Will Wang were promoted to partners of BAI Capital, while Christine Sun was promoted to COO.
Recently, Galaxy Bot underwent a business change, with the addition of Meituan's subsidiary companies as shareholders.
On Tuesday, HR software as a service (SaaS) provider Moka announced that it has completed its C Round of financing, in which it garnered $100 million.
This is arguably the world’s largest financing round in the online InsurTech industry so far this year.
Meituan, a Beijing-based e-commerce platform that provides local life services, is now quietly laying out operations involving power batteries for the upstream new energy vehicle industry.