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Big Deal: Rakuten leads $120m Cabify series C

The Japan-based e-commerce group's investment in ride hailing platform Cabify illustrates how e-commerce businesses cannot afford to be pure play anymore.

Apr 25, 2016

Hua raises $50m to advance diabetes treatment

Wuxi PharmaTech has returned to help fund Hua Medicine's series C round, after previously taking part in its $50m series A and $25m series B rounds.

Apr 25, 2016

SoftBank climbs aboard Yummy Express for $10m round

The China-based last-mile food logistics service has completed a series C round featuring SoftBank's local corporate venturing subsidiary, SBCVC.

Apr 22, 2016

1mg weighs up $15m

Bright Lifecare's prescription services spinout has secured $15m in series B funding, following a $6m Intel-backed round last year.

Apr 22, 2016

UCWeb presses start on $20m Indian gaming fund

Alibaba's mobile internet subsidiary is launching the InDev program through its 9Apps app store and will invest in up to 100 India-based game developers.

Apr 22, 2016

Paytm carries Jugnoo to $10m series B

The online payment company invested $5m to lead a $10m round for the auto rickshaw hailing platform, after participating in its series A round last year.

Apr 21, 2016

Roseonly blooms with $29m

The Tencent and IDG-backed luxury goods and flowers retailer has raised series C funding that will help it expand its physical store network.

Apr 21, 2016

Tencent-backed eJiaJie completes Neeq listing

The app-based home cleaning service has floated on the National Equities Exchange and Quotations market after raising four rounds of funding from investors including Tencent and Shanda.

Apr 21, 2016

Legend's Hony closes $2.7bn dual-currency fund

Hony Capital, which acts as conglomerate Legend Holdings' private equity arm, has raised a fund in which 70% of the capital is dollars and the rest is renminbi.

Apr 21, 2016
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