IPOs & Markets
The move marks IFC’s third such equity commitment in China’s private equity space in less than two months.
Headed by noted technology sector veteran Dr Kai Fu Lee, Sinovation Fund will target early stage TMT companies in China, and comes at a time when the
Cocoon is backed by private equity investor China Equity Group, which was an early investor in the country's biggest search engine Baidu, and Hanxin C
China is eager to develop its own engine to power its planes, and also is keen to push its economy from labor-intensive work into more sophisticated s
Despite the merger of Meituan-Dianping in 2015, how the funds will be disbursed amongst the two, which still operate as different brands, is unclear.
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