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Public markets greet eHi for $120m IPO

China-based car rental service eHi has secured $120m from its initial public offering and $50m from a private placement, as travel site Ctrip invested another $20m.

Nov 19, 2014

Qihoo 360 to form $60m IoT fund

The security software company will back internet-of-things startups in China, the US and Israel.

Nov 18, 2014

Suntront to measure out $82m venture fund

The smart meter maker has partnered with First Capital to form an $81.7m corporate venturing fund, for which they will each provide 10% of the capital.

Nov 18, 2014

Xiaomi to enter Youku Tudou stream

Smartphone manufacturer Xiaomi is set to invest an undisclosed amount in the video streaming company, joining backers including Alibaba.

Nov 17, 2014

Gumi to float at $900m valuation

The mobile games company, which has raised $99m from backers including Gree, NTT Docomo, Sega, Zyga, Tecmo Koei and Nissei, plans to list in Japan next month.

Nov 17, 2014

Riggs to be Aramco's new lethal weapon

Richard Riggs has moved from BASF Venture Capital to take up a role at Saudi Aramco's corporate venturing unit.

Nov 14, 2014

Tencent and Line experiment with 4:33 Creative Labs

The game developer has picked up $110m from Tencent and Line as the corporates seek additional content for its messaging services.

Nov 14, 2014

Xiaomi sends funding to Yes I Deliver

Food delivery app Yes I Deliver has received $13m in a series A round with involvement from Xiaomi, adding to a seed round raised last year.

Nov 14, 2014
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