China: HNA Group pumps $184m in Le Sports’ Series B
China’s HNA Group will commit RMB1.2 billion ($184 million) in Le Sports, as part of the latter’s Series B fund raising, Le Sports said in a filing. The Chinese conglomerate will make the investment...
View ArticleChina’s iKang Healthcare gets ‘going-private’ bid from Yunfeng Capital
iKang Healthcare Group Inc, China’s largest private preventive healthcare services provider, announced that its board received a preliminary non-binding proposal letter from Yunfeng Capital suggesting...
View ArticleChina: iKang founder, Meinian withdraw take-private bids after Yunfeng...
In the latest development on the bidding war to privatise iKang Healthcare Group Inc, its founder Zhang Ligang and Meinian OneHealth Healthcare (Group) Co, have both decided to withdraw their proposals...
View ArticleChina: Edtech firm VIPKID raises $100m from Yunfeng, Sequoia
Chinese online education firm VIPKID has raised $100 million in series C funding round from investors that include Yunfeng Capital, the firm co-founded by Alibaba CEO and founder Jack Ma. Others...
View ArticleSilver Lake, China state fund to Join $1.2b round in Alibaba arm
Alibaba Group Holding Ltd.’s on-demand services unit is close to securing $1.2 billion of funding for expansion after getting backing from first-time investors including Silver Lake Management and...
View ArticleChina: LeEco arm LeSports in talks to raise $438m
China’s internet-based eco-sports company LeSports which is also a subsidiary of technology conglomerate LeEco, is in the process of raising RMB 3 billion ($437.9 million) from unnamed investor,...
View ArticleClik here to view.
China: Alibaba’s Koubei closes $1.1b investment led by Silver Lake
Koubei, an affiliate company of the Alibaba Group, has completed a $1.1-billion equity financing led by private equity (PE) major Silver Lake. CDH Investments, Yunfeng Capital and Primavera Capital...
View ArticleBaidu Capital said to lead investment in China’s ‘Uber for trucks’ Huochebang
Truck Alliance Inc., an Uber-type service for trucks in China known as Huochebang, is near an agreement to raise about $156 million, people familiar with the matter said. The investment will be led by...
View ArticleThree Wharton dealmakers bet future on China’s trucking sector with startup...
In 2001, three Chinese men named Richard enrolled in the University of Pennsylvania’s Wharton School before heading to high-flying careers as bankers and dealmakers. More than 15 years later they’ve...
View ArticleChina: Temasek-backed genomics firm WuXi AppTec targets $200m funding
A Temasek-backed Chinese genomics firm has kicked off its latest fundraising round with a target of up to $200 million, drawing interest from investors including Hillhouse Capital Group and Sequoia...
View ArticleChina: Yunfeng leads $29m Series B in video producer Yinhekuyu
Private equity firm Yunfeng Capital has led a $29 million (RMB200 million) Series B round in Yinhekuyu Media, a Tianjin-based video content producer, the China Money Network reported. Chinese video...
View ArticleChina: Yunfeng backs Yao123.com; BAI funds Zaozuo; Qiming leads $29m round in...
Private equity firm Yunfeng Capital, backed by e-commerce billionaire Jack Ma, has co-led a $17-million Series A round in online drug retailer Yao123.com, while Zaozuo, China’s version of IKEA, has...
View ArticleChina Digest: CITIC, 3i buy Formel D for $261m; Yunfeng backs Davost...
CITIC Capital Holdings Ltd and 3i Group plc have acquired German automotive and component supply company Formel D, while Yunfeng Capital disclosed investment plans in tourism solutions firm Davost...
View ArticleChina: Alibaba Group puts $140m in cloud service firm; Akeso raises $45m
Later stage investments in Chinese innovative companies continue. Alibaba and Yunfeng Capital have jointly invested $140 million in cloud service provider Qiniuyun while Shenzhen GTJA Investment has...
View ArticleChina’s crowdfunding platforms Kaistart, Shuidi raise funding
Two different crowdfunding platforms in China, Kaistart and Shuidi, have raised more than $20 million in their latest rounds. Yunfeng Capital leads series C in Kaistart Kaistart, a fast-growing...
View ArticleChinese fintech Rong360 targets $200m US IPO for subsidiary Jianpu
Jianpu Technology Inc, a wholly-owned subsidiary of Chinese fintech firm Rong360, has filed for a $200 million IPO in the US. Goldman Sachs, Morgan Stanley and JP Morgan are bookrunners for the deal,...
View ArticleChina Airbnb rival Xiaozhu raises $120m from Jack Ma’s Yunfeng, claims...
China short-term rental firm Xiaozhu.com has raised $120 million in a funding round led by Jack Ma’s Yunfeng Capital, boosting the firm’s financial muscle as it looks to compete with local rival...
View ArticleChina: Alibaba fund backs Kneron, HowLiving; Yunfeng Capital leads funding in...
Alibaba Entrepreneurs Fund has led two separate funding rounds — in AI solutions provider Kneron and Taiwan’s cooking video website HowLiving — while private equity firm Yunfeng Capital, which was...
View ArticleChina Digest: Tiger Management leads $120m round in Yunmanman; AI startup...
Freight transportation and logistics mobile app provider Yunmanman has raised a $120-million funding round led by US-based Tiger Management Corp, while artificial intelligence (AI) powered facial...
View ArticleJack Ma-backed Yunfeng takes part in $817m deal in Suning Finance
Yunfeng Capital, a private equity firm co-founded by Jack Ma from Alibaba group and 15 other investors, has joined a $817-million investment round in Suning Finance, a financial service unit of Suning...
View Article
