China Digest: Intel Capital backs smartphone maker Huaqin; JD Logistics invests in Fuyoukache

U.S-based Intel Capital and China’s Hua Capital have led a $136 million Series A round in mobile phone maker, Huaqin Telecom. Meanwhile, Chinese logistics firm Fuyoukache has got a $23 million investment led by JD Logistics.

China’s mobile phone maker Huaqin raises $136m Series A led by Intel, Hua Capital

U.S. tech firm Intel Corporation’s investment arm, Intel Capital and Beijing-based private equity firm Hua Capital have led a $136 million Series A in Chinese mobile phone maker, Huaqin Telecom, Intel Capital announced on December 28.

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