By Tomas S. Noda III
Temasek, British asset manager M&G, and Australia’s Telstra also joined round.
Wu is the latest example of the new reality in Xi Jinping’s China.
The startup intends to advance its main content production businesses.
PonyCar has raised RMB150 million ($22 million) in the Series B round.
Its headline-grabbing deals have invited closer scrutiny.
Futu claims to be the first HK company which joins the unicorn club.
US poised to increase scrutiny of Chinese investment in Silicon Valley.
Gemfields shareholder Pallinghurst has already submitted a takeover bid.
Anbang Insurance is one of China’s most aggressive buyers of overseas assets.
To invest $117-147 million in COFCO Capital.