Kerry Group acquires Tianning

Exclusive: Kerry Group acquires China’s Tianning Flavour & Fragrance


Tianning caters to China’s leading food and beverage groups.

China: CANBridge $25m Series B; VoxelCloud $10m Series A; Huajiao Live Video $14m funding

CANBridge Life Sciences, VoxelCloud and Huajiao Live Video have secured growth capital for further business development.

Hong Kong: Huazhang Tech and Ozner Water in M&As

HK-listed Huazhang and Ozner Water are acquiring businesses to expand their business lines.

China Life inks $950m recapitalization deal with US-based PE ElmTree Funds

JV’s portfolio will initially comprise 48 single-tenant properties which is over 5.5 mn sqft across 20 states

China: Former Sequoia MD raising $150m Zai Venture Fund

Du left Sequoia in 2014 to form Zai Lab to establish pharmaceuticals by partnering other sector players.

ChemChina, Sinochem press $120b deal to create global behemoth

This comes after ChemChina completes $43b purchase of Swiss Syngenta

TP Therapeutics raises $45m co-led by China’s Lilly Asia Ventures

Existing investors also took part in the round.

China: CBB International, HG Capital lead $100m round in app maker Chubao

Sequoia China, Qiming, SIG also joined in the round.

China seeks safe steering of bike-sharing boom to clear cluttered streets

China has published draft guidelines to regulate the booming bicycle-sharing industry whose firms have raised hundreds of millions in dollars in funding but have cluttered up sidewalks with bikes. The rules aim to address congestion and illegal parking as well as safety concerns over users’ deposits and personal information, according… Read more »

UrWork takes on WeWork in fight for shared spaces

UrWork was valued at $1.3 billion after merging with smaller rival last month.