Genshin Impact Publisher miHoYo Sues Mintrust
Chinese game publisher miHoYo recently sued Minmetals International Trust Co., Ltd. ("Mintrust") following a business trust dispute.
6/28/20223 min read
Tag: #Investment
Showing 12 of 140 posts with this tag
Huawei to Invest $100M in Asia-Pacific Spark Program Over Next Three Years
At the Huawei Cloud Spark Founders Summit, Huawei announced intentions to invest $100 million in its Asia-Pacific Spark Program throughout the next three years to help create a sustainable start-up ecosystem in the region.
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.
11/27/20192 min read
SCEP to Gain Wider Access to Chinese Stock and Bond Markets
According to the official website of China Securities Regulatory Commission (CSRC), the examination of qualified foreign institutional investor (QFII) of Sequoia China Equity Partners (SCEP), Sequoia Capital China's affiliate for open market, has been accepted.
3/7/20232 min read
Sequoia China Stands Tall on Its Own as ‘HongShan’
The venture capital firm will be led by founder Neil Shen in China, and is one of two global units being separated from its U.S. counterpart to operate independently.
Tencent to Invest Nearly $42M in Medical Field
Yuyue Medical, a Chinese medical device manufacturer, announced on September 19 that internet giant Tencent plans to invest 291 million yuan ($41.5 million) in its subsidiary, Xunjie Medical.
9/20/20223 min read
Fake Subsidiary Emerges as BYD Largely Invests in Battery Industry
Recently, a little-known small company in Nanning, Guangxi Province, has received some attention due to its claim to be wholly-owned by BYD. According to public information, BYD has made frequent investments in the city throughout the year.
9/27/20223 min read
Sequoia China Raises $480M for Its Seed Fund III
Sequoia China Seed Fund announced on February 28 that its Fund III had raised $480 million last year and has officially entered the investment period. This is the third US dollar fund raising completed in five years since 2018.
2/28/20232 min read
Alibaba Poures $10M into Indian Logistics Startup
Alibaba has invested $10 million into XpressBees, an eCommerce logistics firm based in Pune, India.
12/27/20191 min read
Xpeng Motors Raises $400 Million Before US Listing
Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.
8/6/20201 min read
Leadership Transition at Warburg Pincus China, President Wei Zhen Steps Down
On December 4, Warburg Pincus officially announced that Wei Zhen will step down as the President of Warburg Pincus China. Fang Min and Zhou Lang will assume the roles of Co-Presidents of Private Equity Investments in China for Warburg Pincus.
12/5/20233 min read
Luminar Inks Deal with Geely-affiliated Ecarx
On July 22, Ecarx, an auto startup co-founded by Eric Li, founder of China’s private automaker Geely, announced that it had formed an alliance with Luminar, a Florida-based lidar company.
7/22/20222 min read