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Page 674

Edaixi irons out $14m series B+ round

The laundry service provider secured cash from detergent maker Libai Group just over a year after raising $100m from backers including Baidu and SIG China.

Nov 28, 2016

500.com bets $16m on Qufan

The online sports lottery service provider has made a strategic investment in mobile poker gaming operator Qufan to develop its games platform.

Nov 28, 2016

Beijing Shengtong takes RoboRobo Education for $62m

The China-based educational robot builder was sold to Beijing Shengtong, providing an exit for private education services provider New Oriental.

Nov 25, 2016

Ximu Credit nets $15m series A

Existing investor Fosun Kinzon Capital returned to reinvest in the personal credit rating provider as part of a round that will support research and development.

Nov 25, 2016

EDF and Eren score Acme exits

Conglomerate Piramal has invested $73m in the solar energy developer, part of which will go to buying out power producers and investors EDF and Eren.

Nov 25, 2016

Yum China considers eating up Daojia for $200m

The fast food operator could beef up its food provision by acquiring the online food delivery app developer in a deal that would allow JD.com to exit.

Nov 25, 2016

Wu becomes Baidu Capital's first managing partner

Wenjie Wu has left Ctrip for Baidu's $3bn corporate venturing fund, where she will also head up a travel-themed fund partnership between the two companies.

Nov 24, 2016
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