Accusation of inflated rice, corn and wheat prices fuels election debate on China’s rise
2016-09-13
In this episode of China Money Podcast, guest Wang Lihong, a managing director at Bain Capital, spoke to our host Nina Xiang on the firm's education investments in China, where the future of online education lies, and potential deals in the Chinese restaurant sector. Don't forget to subscribe to China Money Podcast for free in […]
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.
2016-09-13
Yao Capital, a RMB2 billion private equity firm founded by former NBA superstar Yao Ming, has led an undisclosed series B financing round in Glory Sports International (GSI) and acquired a significant stake in the company, according to a company announcement. Cable television and broadband company Liberty Global, Twin Focus Capital and other existing investors […]
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2016-09-13
iCarbonX, an artificial intelligence-enabled health data mining start-up backed by Tencent Holdings Ltd. and other investors, has acquired an Israeli image understanding firm Imagu Vision Technologies for an undisclosed amount, the company announced today. "The acquisition of Imagu Vision Technologies fits perfectly into our innovation strategy," says Wang Jun, CEO of iCarbonX. "We are developing […]
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2016-09-13
Chinese online gaming firm Beijing Kunlun Tech Co., Ltd. disclosed yesterday that its chairman Zhou Yahui (pictured) has reached a RMB7.5 billion (US$1.1 billion) divorce agreement with his wife, representing Chinese A-share market's most expensive split ever. Zhou Yahui is to transfer nearly 300 million Beijing Kunlun Tech shares to his wife Li Qiong. Based […]
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.
2016-09-13
Chinese Internet search engine Baidu Inc. is hoping a new funding initiative will propel it faster against rivals Tencent, Alibaba, …
2016-09-13
Villagers protest after democratically-elected village leader was arrested
2016-09-13
Growth stabilisation will enable policymakers to shift focus to deleveraging
2016-09-13
Hong Kong has beautiful beaches, rule of law, and a free press, but its high cost of living, paucity of …
2016-09-13
Against the backdrop of a cooling venture market, online used car trading platform Guazi.com Inc. says it has raised another staggering US$250 million to fund its growth, six months after completing a US$204.5 million fundraising in March. No investors were named in both rounds, as the company announced the latest news in a press conference […]
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2016-09-13
Baidu Inc. has established an early stage investment unit named Baidu Venture to back artificial intelligence, virtual reality and augmented reality projects. The fund will initially seek to raise US$200 million in capital for the effort. Robin Li, chairman and CEO of Baidu, will lead the venture unit as chairman and participate in project evaluation […]
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2016-09-13
Coolpad Group announced that the company plans to establish a joint venture with China Baoli Technologies Holdings Limited to develop …
2016-09-13
U.S.-based Starwood Hotels and Resorts is taking its brand message online to Chinese consumers with the introduction of actress Liu …
2016-09-13
Sebastiaan van den Berg, Asia-based managing director with HarbourVest Partners, has joined Sun Hung Kai & Co., Ltd. as chief investment officer of its principal investments unit, the executive announced via email today. He left HarbourVest Partners in April. Founded in 1969, Sun Hung Kai is a Hong Kong-listed investment and finance firm with a […]
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2016-09-13
EMC Ventures, the venture capital arm of EMC Corporation, has led a series B funding round in ZCOOL, an online community platform for designers in China. Hearst Ventures, the venture unit of Hearst Corporation, also participated in the round, which amounts to around US$10 million. Founded in 2006, ZCOOL previously received several million U.S. dollar […]
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.