Zhen Fund

China Dealbook: Xiaoyu Link raises $18m; $10m tech deal with Israel

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Online video conference solutions provider Xioyu Link has raised RMB125 million (US$18 million) in a series B round of funding led by Zhen Fund and Chengzhen while Israel and China have signed a $10 million technology deal. Xiaoyu Link raises $18m led by Zhen Fund, Chengzhen Online video conference solutions… Read more »

Images Of Chinese Yuan Banknotes
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Legend Capital
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Visual from Bluegogo website.
China: Bluegogo closes $58m Series A investment from Black Hole Capital

Beijing-based Black Hole Capital has led a RMB400 million ($58 million) investment in bike-sharing service Bluegogo, a Tianjin-based bike sharing company. Additional investors in the round are Shenzhen-based healthcare equipment developer Smart Xintong. Black Hole Capital is a venture firm founded by Zhang Liang, the son of Chinese property giant R&F Properties’ co-founder Zhang Li. The latest… Read more »

A woman is silhouetted against the Baidu logo at a new product launch from Baidu, in Shanghai, China, November 26, 2015. REUTERS/Aly Song/File Photo
Chinese 100 yuan banknotes are seen in this picture illustration taken in Beijing May 7, 2013. REUTERS/Petar Kujundzic
Visual from company website
Photo: Reuters