China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Chinese multi-brand apparel group Shanghai La Chapelle Fashion Co., Ltd., backed by a slew of venture and private equity investors, says it has agreed to acquire 45% of online fashion retailer Hangzhou Anshe E-Commerce Co., Ltd. for RMB135 million (US$21.6 million), according to a company announcement. La Chapelle has also agreed to inject RMB65 million […]

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On Valentine's day, two of China's largest taxi-hailing mobile app operators, Didi Dache and Kuaidi Dache, say they would merge their businesses to create an absolute industry leader in China, according to an announcement posted on Didi Dache's official Weibo account. The merger would mark an end to a bitter and expensive price war between […]

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Chinese search engine operator Baidu Inc. has invested approximately US$100 million series C financing in Shanghai-based online education firm HuJiang.com, according to unverified Chinese media reports. Representatives at HuJiang.com did not respond to inquiries to confirm the news. The investment reportedly values the company at US$800 million, and has been completed in 2014. Chinese companies […]

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Asia-focused private equity firm RRJ Capital is reportedly investing US$49 million in Chinese online education company Tsingda eEdu Corporation, according to media reports. RRJ Capital did not respond to inquiries to confirm the news. RRJ has the option to increase its investment to US$100 million in the future, which would make it the Beijing-based company's […]

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.