DealStreetAsia has put together a table listing out prominent VC deals in China last week.
Indian student loan platform Credenc raises $2.5m from Omidyar, others
China Deal Monitor: E-invoicing firm Ekuaibao raises $50m and more updates
SoftBank said to take control of WeWork, Neumann to exit board
China’s Harbin Pharma mulls taking over US-based vitamin retailer
SG Digest: Olam acquires US firm; Mapletree trust seeks to raise $183m
Temasek makes $3b bid to take control of Singapore’s Keppel Corp
Nadiem Makarim steps down from Gojek CEO role, to join Jokowi’s cabinet
Vietnam’s VinaCapital reveals $626m private equity pipeline
Vietnamese B2B marketplace Telio said to bag Tiger Global-led Series A
[Updated] Fashion platform Zilingo to invest $100m in US expansion
Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking.
ABN Amro Bank NV and Franco-German financial group Oddo BHF are also weighing offers for the private bank.
In his new role as partner at Qiming, Alex Zhou will focus on investments in AI, robotics, enterprise software, semiconductors, advanced manufacturing
Sichuan Hyundai Motor is Hyundai's only commercial car venture in China that makes cargo trucks and buses.
China is witnessing a broader slowdown in the venture capital market due to trade tensions with the US and concerns over startup valuations.
The survey found 100 million Chinese ranked in the global top 10% as of the middle of this year versus 99 million in the US.
China's Lehe Food has secured $14-million Series B co-led by Meituan Group VC arm DragonBall Capital.
IPOs & Markets
The deals, originating from China to South Korea and Thailand, mark the busiest week in 2019, despite a year-to-date decline in Asia’s IPO value.
The Intel-backed company is looking to raise the funding at a valuation of about $7.76 billion.
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