By Bloomberg News
Where Chinese college graduates once coveted a prestigious overseas job and foreign citizenship, many today gravitate toward career opportunities at home, where venture capital is now plentiful and the government dangles financial incentives for cutting-edge research.
Shequ580 and Surestar raises Series A+ rounds from Chinese VC firms.
The recycler, Li Tong, could be valued at $750 million to $1 billion in any transaction.
Oaktree Capital Management had put Axilone up for sale early last year.
The expansion underscores Didi’s growing interest in Mexico and, more broadly, Latin America, a market where Uber Technologies Inc doubled down after Didi drove it out of China.
Bitmain Switzerland was registered in Zug, Switzerland in late December.
Wilmerding’s duties include evaluation and commitment to alternative investment opportunities across Asia including Australia.
DadaABC will use the funds to further develop teaching curriculum and online technology.
Others who participated in the round include Morningside Venture Capital, JAFCO Asia, Fullcent Capital and Zhang Tao, founder of Dianping.com.
Gobee.bike said it would continue operating its bright-green bikes in Paris – where it leads China’s Ofo and Singapore’s oBike