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Cambricon cashes $368m in IPO

CAS-backed AI processor provider Cambricon, valued at $2.5bn in 2018, floated on Shanghai's Star Market.

Jul 8, 2020

Ant Financial anticipates $200bn IPO valuation

Alibaba's financial services spinoff is reportedly lining up an offering this year that would also represent an exit for China Life and China Post.

Jul 8, 2020

Cambricon cashes $368m in initial public offering

Lenovo, iFlytek, Alibaba and Tuling Century-backed AI processor provider Cambricon, valued at $2.5bn in 2018, floated on Shanghai's Star Market.

Jul 8, 2020

Ucommune opens its doors to reverse merger

The co-working space provider, which counts a slew of corporates among its investors, will list on Nasdaq by merging with a SPAC in a deal jointly valuing them at $769m.

Jul 8, 2020

Efort looks to house $118m in IPO

The robotics technology provider, a spinoff from automotive manufacturer Chery, plans to float in a Shanghai offering that will also allow Midea to exit.

Jul 8, 2020

Showroom makes space for fresh funding

DeNA sold shares in the live broadcasting platform through a round featuring Culture Convenience Club, KDDI, TV Asahi and SBI.

Jul 8, 2020

ADASpace adds series A funds

Xinjiang Communications Construction Group and New World Strategic Investment both contributed to a $21.4m round for the satellite system developer.

Jul 8, 2020

SIG-backed eRoad secures series C3

The finance management software developer raised $28.5m in its third round in the past year, to increase its overall funding to $85m.

Jul 7, 2020

Meituan Dianping puts $15m into Pudu

Delivery robot developer Pudu Robotics received a series B investment by the mobile services platform in connection with a strategic partnership.

Jul 7, 2020

Zongteng zeroes in on series C1 funding

The GLP-backed international logistics provider raised $71.1m in a Taikang-led round that will support a global expansion.

Jul 7, 2020
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