Chinese EV maker BYD raises $113m more for semiconductor unit

BYD Co. E6 electric taxis stand plugged in to chargers at a charging station in Taiyuan, Shanxi province, China, on Tuesday, Sept. 13, 2016. Taiyuan became the first city to replace its entire fleet of taxis with electric vehicles. Photographer: Qilai Shen/Bloomberg

The semiconductor unit of electric-car giant BYD Co. Ltd. has raised another 800 million yuan ($113 million), just weeks after it raised 1.9 billion yuan, as it seeks to expand its client base beyond its own use.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.