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Page 238

Ant Group's IPO to achieve $34bn raise

Several corporates are set to exit the financial services provider in the biggest IPO in history, while parent company Alibaba will buy about $7.5bn of shares.

Oct 26, 2020

Yiguo goes into bankruptcy reorganisation

Several of the online fresh fruit and vegetable retailer's subsidiaries have filed for bankruptcy despite it raising more than $800m from investors including Alibaba and Suning.

Oct 26, 2020

VSPN broadcasts Tencent-led series B round

Tencent led a round sized at nearly $100m, with fellow coprorates Kuaishou and technology firm Susquehanna International Group also contributing.

Oct 26, 2020

Bixin tricks out $100m investment vehicle

Bixin Ventures is investing in crypto technology developers and has just co-led a $10.9m round for light blockchain developer O(1) Labs.

Oct 26, 2020

AdaSky adds $15m in series B round

Sungwoo Hitech and Kyocera returned to supply series B funding for AdaSky, a creator of thermal imaging technology for driver safety.

Oct 26, 2020

Zhuge zooms in on $15m

The online real estate platform also known as Zhuge Zhaofang has secured C2 funding a year after a C1 round backed by Fosun RZ Capital.

Oct 26, 2020

Hemo proceeds to series B round

Legend Capital has contributed to an eight-figure dollar round for the neurological surgery device provider that was led by Hillhouse Capital.

Oct 26, 2020

4Wheels Technology drives to next round

Airtel led an eight-figure dollar round for the Chinese automotive supply chain platform that included investment firm Zhaohui Capital.

Oct 26, 2020

Singtel exits 2359 Media

Singtel subsidiary NCS has acquired 2359 Media, the first portfolio company of its corporate venturing subsidiary, Singtel Innov8.

Oct 26, 2020

Fenxiang Life finds series A funding

Xiaomi led an eight-digit dollar round for the social shopping guide, which will use the funding to boost its product development and increase headcount.

Oct 25, 2020
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