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Page 668

Standard Chartered provides $17m in financing to IFMR

Local finance facilitator IFMR Capital is set to eventually receive $50m from the bank, which is making the investment through its private equity arm.

Dec 23, 2016

Huochebang takes delivery of $115m

Existing backer Tencent was among the investors in a round that valued the China-based trucking services platform at $1bn.

Dec 23, 2016

2016 Roundup: Tencent

The China-based internet major romped ahead of rivals Alibaba and Baidu this year when it came to corporate venturing, investing in two billion-dollar deals and three more $500m+ rounds.

Dec 22, 2016

Kompas Gramedia gets Scoop in acquisition deal

Media subscription app Scoop had received $2.4m in funding from Kompas in 2013, two years after Mitsui had participated in a $770,000 round.

Dec 22, 2016

Changingedu goes beyond series C with $18m

TAL Education, which co-led the tutoring services platform's $100m series C round late last year, has invested another $18m.

Dec 22, 2016

Aihuishou recycles investors for $58m series D

JD.com returned to invest in the electronics recycling service, having contributed to the $60m series C round it closed in 2015.

Dec 22, 2016

Corporates pay up as Kyash raises $8.5m

Itochu, Dentsu, Sumitomo Mitsui Financial Group and Mizuho Financial Group all contributed to the payment platform's Jafco-led series A round.

Dec 21, 2016

Yeahmobi finds $92m from investors

Mobile advertising platform Yeahmobi raised the money in a private placement, eight months after Xiaomi led a $25m round for the company.

Dec 21, 2016

Tianxing picks Berry for $619m reverse merger

Legend Holdings-backed Berry Genomics will list through a reverse merger with auto parts maker Chengdu Tianxing Instrument & Meter in a deal that values it at $619m.

Dec 21, 2016
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