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Tag: Hillhouse Capital

IDC giant GDS secondary listing receives great support led by its promising prospect

HONG KONG, Nov 2, 2020 - (ACN Newswire) - According to South China Morning Post, China's digital economy is currently developing rapidly. As the information infrastructure is...

Healthcare investing sets a new record in Q3

Healthcare funding reached record levels in the third quarter of 2020, according to CBInsights. Healthcare funding hit a new record in the third...

Hillhouse Capital said to eye CNY20bn for biggest-ever yuan-denominated fund

Chinese private equity major Hillhouse Capital is reportedly eyeing more than CNY20bn ($3bn) for what would be its biggeSorry, you need to subscribe...

AbbVie puts $2B on the table for I-Mab cancer collab as biotech nabs $418M raise

It’s a good day for Shanghai-based I-Mab, which has penned a $2 billion upfront-biobucks R&D deal with AbbVie while also nabbing $418 million...

Moka, the HR tool for Arm and Shopee in China, closes $43M Series B

Investors are betting on the automation of human resources management in China. We reported last year that Moka, one of the key...

Airwallex Launches New Payment Acceptance Service in Australia, Hong Kong, & Singapore With WeChat Pay

Airwallex, an Australia-based fintech company, recently announced it has launched a new payment acceptance service in Australia, Hong Kong, and Singapore with WeChat...

Airwallex gets $160 million Series D to launch more cross-border financial products

Airwallex, a Melbourne-based cross-border financial startup that achieved “unicorn” status last year, announced today that it has raised a $160 million Series D....

Korean grocery startup Kurly raises $150M

Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports...

Chinese EdTech Startup Yuanfudao To Close New Fundraising At $7.8 Billion Valuation

The information was confirmed by Li Yong, founder and CEO of Yuanfudao, in an all-personnel email sent out in the...

Energy Monster Completes RMB500 Million Funding Round

Power bank rental company Energy Monster has completed its C round of financing, with a total funding of 500 million yuan. SoftBank Ventures...

Startups Weekly: Chinese investors double down on African startups

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I...

Codemao Completes $57 Million Financing Round

Codemao, a Shenzhen-based online education platform that offers computer programming classes to kids, has completed its Series C financing round to the tune...

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