The median lifespan of global private equity funds across all sectors and geographies has reached an unprecedented 13.2 years, up from 11.5 years in 2008, according to an analysis conducted by online private equity market place, Palico. Only some 12% of funds liquidated in 2014 were wound up by their tenth year, which is the […]

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Beijing-based online education platform Juesheng has completed an undisclosed series B financing round led by ChinaEquity Group, according to an internal email sent by the company's CEO. New Oriental Education & Technology Group Inc. and Linear Venture also participated in the round. Founded in 2011, Juesheng raised an undisclosed angel round from Ameba Capital in […]

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Chinese online sex toy retailer and producer Chunshuitang has raised RMB80 million (US$13 million) series B financing led by New Margin Ventures and Shenzhen Cowin Capital, according to Chinese media reports. Empower Investment also participated in the round. Chunshuitang, which sells sex toys online and also produces its own branded products, says it will use […]

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