Investment

Goldman Sachs and China Investment Corp. Will Set Up a USD5 Billion Industrial Cooperation Fund

Goldman Sachs and China Investment Corp. Will Set Up a USD5 Billion Industrial Cooperation Fund

Goldman Sachs Group, Inc. and China Investment Corp., a Chinese sovereign wealth fund  firm, have formed a partnership to jointly set up a…

Nov 10, 2017
Liao Shumin
WeLab Obtains USD227 Mln in Round-B+ Financing From Investors, Including Alibaba and IFC

WeLab Obtains USD227 Mln in Round-B+ Financing From Investors, Including Alibaba and IFC

WeLab (subordinate to Shenzhen Wei Ying Zhixin Technology Co., a fin-tech company, announced that it has pooled USD227 million (CNY1.5 billion) in its round-B+ financing.

Nov 10, 2017
Zhang Xia
‘Silicon Valley’ of Cosmetics in Shanghai Is to Be Built Into Largest Cluster of Beauty and Health Industry Across Asia

‘Silicon Valley’ of Cosmetics in Shanghai Is to Be Built Into Largest Cluster of Beauty and Health Industry Across Asia

The beauty and health industry in Shanghai is expected to generate an output of roughly CNY100 billion (USD15 billion) by…

Nov 3, 2017
Zhang Xia
Germany’s Merck Ramps Up Research Investment in China, Plans to Open Lab in Suzhou

Germany’s Merck Ramps Up Research Investment in China, Plans to Open Lab in Suzhou

German multinational Merck KGgA [ETR:MRK] plans to enter its photoresist research lab in Suzhou into operation just a year after…

Nov 3, 2017
Dou Shicong
Internet Auto Insurance Platform Cheche365 Bags USD30 Million in B-Round Financing

Internet Auto Insurance Platform Cheche365 Bags USD30 Million in B-Round Financing

Internet auto insurance platform Cheche365, operated by Beijing Cheyuche Technology Co., has secured CNY200 million (USD30.2 million) in B-round funding…

Nov 3, 2017
Zhang Xia
AI Company Zhuiyi Technology Completes USD21 Million Series B Funding

AI Company Zhuiyi Technology Completes USD21 Million Series B Funding

Shenzhen Zhuiyi Technology Co. (Zhuiyi Technology) has secured USD21 million in series B funding.

Nov 3, 2017
Zhang Xia
IOT Solution Supplier Ayla Networks Pools USD60 Million in Round-D Financing

IOT Solution Supplier Ayla Networks Pools USD60 Million in Round-D Financing

Ayla Networks Inc. has pooled USD60 million in its round-D financing, with Sunsea Telecommunications Co.[SHE:002313] as the main investor, 36kr.com reported yesterday.

Nov 3, 2017
Zhang Xia
JD.Com to Offer Thailand SMEs Infrastructure, Technology, Financial Services Support to Help Boost Exports

JD.Com to Offer Thailand SMEs Infrastructure, Technology, Financial Services Support to Help Boost Exports

China’s e-commerce giant JD.Com, Inc. [NASDAQ:JD] and Thailand’s largest retailer Central Group Co. have kicked off their cooperation, unveiling an…

Nov 2, 2017
Zhang Xia
China Becomes World’s Biggest PPP Market as Total Investment Tops USD1.5 Trillion

China Becomes World’s Biggest PPP Market as Total Investment Tops USD1.5 Trillion

Investments in China’s public-private partnerships (PPPs) totaled over CNY10.1 trillion (USD1.53 trillion) as of the end of September, making the…

Nov 2, 2017
Zhang Xia
Midea, Country Garden’s Decision to Unite Attracts Rare Appearance From Company Founders

Midea, Country Garden’s Decision to Unite Attracts Rare Appearance From Company Founders

Chinese home appliance maker Midea Group Co. [SHE:000333] and property developer Country Garden Holdings Co. [HKG:2007], two Fortune 500 companies…

Nov 2, 2017
Liao Shumin
Urumqi-Based Tech Firm Secures A-Round Funding to Improve Its Image Recognition Solutions

Urumqi-Based Tech Firm Secures A-Round Funding to Improve Its Image Recognition Solutions

Urumqi Aihua Yingtong Information Technology Co. (UAYIT) has raised tens of millions of yuan in its first funding round and…

Nov 2, 2017
Zhang Xia
Beingmate Snaps Up US Life Science Company SCL for USD300 Million

Beingmate Snaps Up US Life Science Company SCL for USD300 Million

Famous infant formula producer Hangzhou Beingmate Group has closed its acquisition of a 100 percent stake in the American life…

Nov 2, 2017
Liao Shumin

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