HelperChoice is a Hong Kong-based platform that connects foreign domestic workers with families seeking helpers.
Yonghui has teamed up with Hillhouse Capital, and Tencent is in talks to join their consortium.
IPOs & Markets
Douyu’s IPO was delayed in May amid market jitters on trade.
Subscriptions for nine companies are slated to open on Wednesday, the highest since June 2015.
The HK travel unicorn in April secured $225 million in an extended Series D led by SoftBank Vision Fund, closing the round at $425 million. The Series
“There are so many players out there [in China]..we just need to survive and be a big fish in a small pond,” Lam said.
Missfresh, which also counts Goldman Sachs and Tiger Global as backers, is looking to fetch a valuation of at least $3 billion.
VC deals in China plummeted in Q2 as investors pulled back amid trade talks and concerns about startup valuations.
A successful Budweiser sale would deal a further blow to the cornerstone custom.
Styled after the Nasdaq Stock Market, the tech board's first batch will comprise 25 firms.
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