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SoftBank's investment in Didi Chuxing sized at $5bn

The corporate's latest earnings report has revealed the amount it invested in Didi Chuxing's recent $5.5bn round, while a report suggests it could close its Vision Fund at $95bn next week.

May 12, 2017

Corporates drive $580m in funding for Yixin

Online automotive marketplace Yixin Group has added $580m from investors such as Tencent and Bitauto to the $550m it raised last August.

May 12, 2017

Mail.ru collects Zakazaka for $18m

Mail.ru has acquired the remaining 90% stake in food delivery platform and portfolio company Zakazaka in a deal that valued the startup at $20m.

May 11, 2017

G-Banker goes for gold in $29m series C

The gold trading platform has raised new funding in a round led by Bank of China that included corporate venturing unit and existing investor SBCVC.

May 11, 2017

Legend gets some Bangsun for its buck

Legend Capital was among the investors that have provided $23m in series B+ funding for financial risk management and anti-fraud software developer Bangsun Technology.

May 11, 2017

Xiaodian powers up with $50m series B

Tencent and Fosun have contributed to a series B round for the power bank rental service, weeks after Tencent co-led its $14.5m series A.

May 10, 2017

Star48 rises to series C round

Existing investor Legend Capital has contributed to a series C round of undisclosed size for China-based entertainment provider Shanghai Star48 Culture and Media.

May 10, 2017

MobiKwik meets investors for nine-figure round

The corporate-backed mobile payment platform is reportedly in talks with BlackRock, Bank of Baroda and Canara Bank for funding at a $1bn valuation.

May 10, 2017

Sea absorbs $550m in cash

JG Summit Holdings and Uni-President Enterprises were among the investors as Tencent-backed internet company Garena rebranded to Sea and raised new funding.

May 9, 2017
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