People Digest: OnePlus co-founder steps down; Yingke ropes in new partner

OnePlus co-founder Carl Pei has left the company to start a new venture. Meanwhile, Yingke has roped in Zhengzheng Shi as a new partner.

OnePlus co-founder leaves to start new venture

Carl Pei, co-founder at Chinese smartphone giant OnePlus, is said to have left the company, TechCrunch reported on October 13.

The 31-year-old Pei is reportedly starting his own venture capital firm.

Pei and Peter Lau, a former deputy general manager in OnePlus’ rival OPPO, co-founded OnePlus in 2013 in Shenzhen.

During his tenure, Pei led OnePlus to foray overseas – in the Indian market. And recently, he had also facilitated the launch of OnePlus Nord.

Before setting up OnePlus, Pei had stints with Nokia, Meizu and OPPO. In addition, he graduated from Stockholm School of Economics in 2011.

Yingke ropes iin Zhengzheng Shi as partner

Chinese asset management company Yingke PE said on October 9 that it has appointed Zhengzheng Shi, a specialist in the field of life science, as a partner.

Shi will take charge of biomedicine department and institute for biological sciences.

With decades of experience in life science and innovative drug development, Shi has had a stint at Nasdaq-listed pharmaceutical firm Lexicon. Besides, he has also served Baylor College of Medicine, Houston Methodist and Zhejiang University School of Medicine.

As many as 60 of Shi’s dissertations have been reportedly published by leading international publications such as Nature Genetics and PNAS.

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.

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.