Tiger Brokers Co, a Beijing-based online brokerage company, has raised up to $29 million (RMB 200 million) in a Series B funding round participated in by Citic GoldStone Fund Management Co Ltd, and Huagai Capital. Others who joined the round were existing investors Zhen Fund, and China Renaissance K2 Ventures…. Read more »
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CITIC Goldstone Investment Management Co Ltd and Founder Healthcare Fund Co Ltd has made a $56 million investment Series C in Shenzhen Youkeshu Technology Co Ltd.
Airbnb received $100 million from China Investment Corp.
The former NASDAQ-listed firm realized a company value of RMB15 billion, more than double the numbers when it left the stock market last April.
Internet legal services firm Wusong Technology has raised $17 million, while vacation home rental platform Zhubaijia, has raised $14 million via a private share placement. Wusong Tech raises $17m led by China Growth Capital Beijing-based Internet legal services company Wusong Technology has raised RMB120 million ($17 million) in a funding round led by China Growth Capital, according to… Read more »
Following peers in their respective industries, web TV and movie producer Up Pictures and laundry services provider 24Tidy are the latest to have raised funding of tens of million dollars. Legend Capital leads $15m financing in Up Pictures Legend Capital has led a RMB100 million ($15 million) series A investment… Read more »
Enjoy, a fast-growing startup in China, has raised $30 million in series C after it secured $23.5 million in total over the past three years. Meanwhile, China’s airbnb Zhubaijia has finally entered into China’s New Third board.
Alibaba Group Holding Ltd had invested $4.6 billion in Suning last year to integrate online and store-based shopping. Off the two new funds that Suning is setting up, one will target media and production sectors, while the other will invest in sports and retail.