The Chinese government recently released…
2015-05-13
CLSA Capital Partners, the alternative asset management arm of Asian brokerage firm CLSA, has invested RMB150 million (US$24.5 million) in Chinese diaper maker Coco Healthcare Products Co., Ltd., according to a company announcement. Funds managed by CLSA Capital, namely ARIA Investment Partners IV and ARIA Investment Partners IV, are the first private equity investors in […]
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2015-05-13
Shanghai-based online logistics firm Yunmanman has completed series B round of funding worth several hundred million RMB led by Sequoia Capital, according to Chinese media reports. Existing investor Lightspeed Venture Partners also participated. In December 2014, Yunmanman received US$5 million series A funding from Lightspeed. Yunmanman utilizes its mobile Internet platforms to match logistic flows, […]
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2015-05-13
China's Zhejiang provincial government has established an industry fund with RMB20 billion (US$3.2 billion) to push forward innovation, entrepreneurship and improve the province's economic structure, according to an official news article. Around RMB5 billion (US$810 million) will be allocated to the province's economic entrepreneurship investment fund to encourage the development of innovative private enterprises. The […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.