GGV Capital has led a US$15 million series B financing round in Operator, an expert community-based e-commerce company, to help fund its global expansion starting with China. New investors including Formation8, Morningside Ventures and Horizons Ventures, as well as existing investors Greylock Partners and Expa, also participated in the round. As part of the investment, […]
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Canada Pension Plan Investment Board (CPPIB) has signed a memorandum of understanding with the National Development and Reform Commission (NDRC) of China to offer CPPIB's expertise in assisting Chinese policy-makers as they address the challenges of China's aging population. The Canadian pension manager is expected to help with pension reform and the promotion of investment […]
An investor consortium led by Chinese private equity firm Beijing Shanhai Capital Management Co, Ltd. has agreed to acquire Santa Clara, California-headquartered Analogix Semiconductor, Inc. for over US$500 million with plans to list the company in China soon. China Integrated Circuit Industry Investment Fund Co., Ltd. (China IC Fund) is one of Shanhai Capital’s limited […]
Chinese smartphone maker Gionee plans to invest INR5 billion, which is about CNY495 million, to build a smartphone factory in …