As the Chinese population ages, venture capitalists are increasingly betting on start-ups focused on serving senior citizens in the country. …
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As the Chinese population ages, venture capitalists are increasingly betting on start-ups focused on serving senior citizens in the country. IDG Capital and Frees Fund just invested US$5 million in Tangdou, an online video portal and mobile app for group dance exercises, the most popular pastime for people aged between 40 to 70 throughout the […]
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Shanghai-based venture firm Ventech China has led a nearly US$10 million venture round in MagMode, a Chinese men's fashion start-up, …
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Shanghai-based venture firm Ventech China has led a nearly US$10 million venture round in MagMode, a Chinese men's fashion start-up, with participation from Sinovation Ventures. Existing investors China Growth Capital and IDG Capital also participated. "MagMode incubates multiple new brands and can better serve China's rising middle-class and young consumers as they seek differentiated products," […]
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Uber China bids a formal farewell to the country, as its Chinese mobile app is to be replaced by Didi …
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Uber China bids a formal farewell to the country, as its Chinese mobile app is to be replaced by Didi Chuxing in two days, less than three years after the global ride share giant entered the Chinese market. After acquiring all assets of Uber China via a share swap in August, Didi Chuxing has been […]
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Shenzhen O-film Tech Co., Ltd. has acquired a 10.7% stake in Shenzhen Virtual Reality Technology Co., Ltd., a VR developer …
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Shenzhen O-film Tech Co., Ltd. has acquired a 10.7% stake in Shenzhen Virtual Reality Technology Co., Ltd., a VR developer backed by China Growth Capital and Shenzhen Co-Win Venture Capital Investment Ltd., for RMB60 million (US$8.7 million). The Shenzhen-listed O-film Tech, a maker of precision photo electricity thin film components and parts, will also appoint […]
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ORI Healthcare Fund L.P., a venture capital firm founded by the formerly head of China Healthcare at Goldman Sachs, has …
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ORI Healthcare Fund L.P., a venture capital firm founded by the formerly head of China Healthcare at Goldman Sachs, has led a US$100 million series C round in U.K. biopharmaceutical company Kymab Group Ltd. Wellcome Trust, Bill & Melinda Gates Foundation, Shenzhen Hepalink Pharmaceutical Co., Ltd, Malin Corporation PLC; CF Woodford Equity Income Fund and […]
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Matrix Partners China, DCM Ventures and Nanshan Capital have invested US$10 million in Chinese online event ticket sales start-up Tking.cn …
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Matrix Partners China, DCM Ventures and Nanshan Capital have invested US$10 million in Chinese online event ticket sales start-up Tking.cn in its series A and series A+ round. Tking.cn, which operates an online ticketing platform under the Niumowang brand, wants to be China's Stubhub, an online ticket exchange owned by eBay. The online event ticket […]
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