By Juliet Shwe Gaung
YCloset has raised a $20 million, led by Pan-Lin Asset Management Co Ltd.
SDIC Fund Management Co, and Matrix Partners China, each led different investment deals, $39 million in siRNA drug developer Ribo, and $14 million in online insurance startup Xiaoyusan, respectively.
Wanda Cloud Company will offer IBM cloud platform as a service.
In recent years, Palantir has risen to be a global data mining giant with a $20b valuation
Evolution Media China and Shenzhen Capital led the round
This would mark Alibaba’s first investment in Malaysia.
Baidu is expanding outside its core search and ad business
Chinese oil firms and traders are chasing global refinery assets
It participated in funding rounds of Trumid, WeConvene and WorldCover.
This follows Chezhibao acquisition of second-hand car trading platform Youyiche.