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China's state-owned conglomerate CITIC Group has agreed to jointly establish a series of investment funds with Australian entertainment firm, Village Roadshow Limited, to invest in theme parks, entertainment facilities and related real estate development throughout Asia, with a particular focus on China, according to a company announcement. The two parties will establish the first fund […]

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Shenzhen-based cloud-based developer platform Coding has received approximately US$10 million series B financing led by Lightspeed Venture Partners, according to Chinese media reports. IDG Capital also participated in the round. No information is available on the company's previous founding rounds. The company says it will use the proceeds to explore ways to monetize its services. […]

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