China VC/Tech Weekly Roundup: Byton Eyes $500M Series C Round, Sky9 Capital Closes Two Funds At $440M
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of September 9 to September 13, with Eudora Wang sitting in for Nina Xiang in Hong Kong.
Topics covered include Chinese all-electric vehicle brand Byton is raising a series C round at US$500 million after the start-up experienced a management shake-up and reported layoffs; Sky9 Capital closed two new funds with US$440 million in total capital commitments; and Houbank, a Chinese online peer-to-peer (P2P) lending platform that counts Sequoia Capital China as a major shareholder, has been put on file for investigation and prosecution of alleged "illegal absorbing public deposits."
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China VC/Tech Weekly Roundup: Alibaba Acquires NetEase Kaola For $2B, Geely Files Lawsuit Against Chinese EV Start-Up
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of September 2 to September 6, with Eudora Wang sitting in for Nina Xiang in Hong Kong.
Topics covered include Alibaba Group paid about US$2 billion to acquire Kaola, an import e-commerce platform operated by NetEase, Xianghe Capital closed its second USD fund at US$425 million and debut RMB fund at RMB1 billion (US$139.30 million), and Chinese automotive company Geely sued WM Motor for "infringement of trade secrets."
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China VC/Tech Weekly Roundup: Chinese AI Unicorn Megvii Files For Hong Kong IPO, Tencent Invests $125M In Kuaikan
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of August 26 to August 30, with Eudora Wang sitting in for Nina Xiang in Hong Kong.
Topics covered include Chinese artificial intelligence (AI) unicorn Megvii, the developer of facial recognition software Face++, filed for an initial public offering (IPO) in Hong Kong, Tencent poured US$125 million into Kuaikan Manhua, an online platform for Chinese original comic artwork targeting young readers, and Ince Capital Partners raised US$163.3 million for its debut fund.
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China VC/Tech Weekly Roundup: Venturous, Lioncrest Merge To Launch $200M China Fund, Didi Spins Off Self-Driving Unit
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of August 5 to August 9, with Eudora Wang sitting in for Nina Xiang in Hong Kong.
Topics covered include Venturous Group is creating a capital pool worth US$1 billion to power the second transformation of China driven by smart urbanization and digitization, Didi Chuxing launched an independent company for its autonomous driving unit, and JD.com is leading a new round of investment worth nearly RMB1 billion (US$141.83 million) in Xinchao Media Group.
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China VC/Tech Weekly Roundup: Joy Capital Raises Over $700M, China Renaissance Closes Nearly $1B For New Fund
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of July 29 to August 2, with Eudora Wang sitting in for Nina Xiang in Hong Kong.
Topics covered include Chinese investment bank China Renaissance's private equity unit raised its third RMB-denominated fund at over RMB6.5 billion (US$943.08 million), Chinese venture capital firm Joy Capital closed an early-to-growth-stage fund at over US$700 million for TMT and consumption investments, and Didi Chuxing teamed up with British oil and gas major BP to launch a joint venture for the construction of electric vehicle (EV) charging infrastructure in China.
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