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Page 510

Weidai weighs up $100m IPO

Hakim Unique is the largest external shareholder for the Chinese vehicle-backed loan provider, which is set to float in the US.

Aug 13, 2018

New Oriental enrols corporates in $220m fund

New Oriental Education and Technology will invest in education-focused startups through a fund backed by fellow corporates 51Job and Sunlands Education.

Aug 13, 2018

Ximalaya tunes into $580m

Tencent invested in the audio streaming platform as part of a round that valued it at about $3.5bn post-money.

Aug 13, 2018

Shadowfax gets $22m series C delivery

NGP Capital led a series C round for the on-demand delivery services provider that included Qualcomm Ventures, taking its total funding to about $41m.

Aug 10, 2018

Tot Biopharm touches investors for $102m

Existing investor Center Laboratories Group contributed to Tot's series B round, which will fund development of its oncology treatments.

Aug 10, 2018

Zhihu confirms $270m series E round

The Tencent-backed online Q+A platform was originally reported to have raised $300m in the round last month.

Aug 10, 2018

Splice to spit out $1m through media fund

Digital media company and journalism organisation Civil plan to help launch 100 Asia-based media startups in the next three years.

Aug 9, 2018

Temasek takes a $225m stake in Ola

Temasek has bought a sub-10% stake in Tencent, SoftBank and Didi Chuxing-backed ride hailing platform Ola in a secondary transaction.

Aug 9, 2018

Manbang makes tracks en route to $1bn

The trucking services provider, which counts Alphabet, Tencent and SoftBank among its backers, is pursuing a $10bn valuation.

Aug 9, 2018
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