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Katherine Guo / China Money Network:
Shanghai-based chip maker ASR Microelectronic raises $100M Series B co-led by IDG Capital, bringing the total raised to over $300M   —  Shanghai-based chip maker ASR Microelectronic has completed a US$100 million series B financing led by IDG Capital and Wanrong Hongtu Fund, the company announced today.
Jul 16, 2018, 2:50 PMIn context
Yimian Wu / China Money Network:
Aikucun, an online fashion platform that connects brands with professional online shoppers on WeChat, raises ~$87M Series B, months after raising ~$15M Series A   —  Legend Capital has led a RMB580 million (US$87 million) series B round in Aikucun, an online platform that connects fashion brands …
Jul 2, 2018, 10:45 PMIn context
Yimian Wu / China Money Network:
Xiaohuanggou, maker of smart garbage recycling machines that pay users cash based on the weight of the garbage, raises ~$164M Series A   —  Chinese online smart recycling platform Xiaohuanggou announced that it has raised a RMB1.05 billion (US$163.67 million) series A round …
Jun 15, 2018, 2:00 PMIn context
Yimian Wu / China Money Network:
Chinese online pharmacy Yaoshibang raises ~$65.7M Series C led by Shunwei Capital and DCM Ventures, bringing total raised to ~$93.8M   —  Yaoshibang, a Guangzhou-based online pharmacy trading and education platform, announced that it has completed a RMB420 million (US$65.7 million) series C round led by Shunwei Capital and DCM Ventures.
Jun 14, 2018, 4:45 PMIn context
Yimian Wu / China Money Network:
Shanghai-based AI startup Yitu Technology, which focuses on machine vision and more, raises $200M Series C from ICBC International and others   —  ICBC International Holdings Ltd, SPDB International and Gaocheng Capital have invested in a US$200 million series C+ round in Yitu Technology …
Jun 12, 2018, 1:45 PMIn context
Yimian Wu / China Money Network:
Danke, a Chinese long-term apartment leasing platform, raises $70M Series B+ led by Tiger Global Management, after raising $100M Series B three months ago   —  Tiger Global Management has led a US$70 million series B+ round in Chinese long-term apartment leasing firm Danke, according to Danke's announcement.
Jun 8, 2018, 12:35 PMIn context
Yimian Wu / China Money Network:
Chinese used car auction platform Tiantianpaiche raises $100M from Autohome, a day after rival Chezhibao raises $125M Series D   —  Chinese used car auction platform Tiantianpaiche has received US$100 million strategic investment Autohome, a Chinese automobile online platform …
Jun 7, 2018, 12:25 PMIn context
Yimian Wu / China Money Network:
Reports: Alibaba has acquired a 10% stake in Babytree Inc., valuing the Chinese pregnancy and parenting portal and e-commerce platform at ~$2.2B   —  China's largest retailer Alibaba Group Holding Ltd has made a strategic investment to acquire 10% stake in Chinese pregnancy and parenting online portal …
Jun 4, 2018, 6:00 PMIn context
Yimian Wu / China Money Network:
Filing reveals Alibaba's financial affiliate Ant Financial has invested $321M in Chinese bike-sharing firm HelloBike at a $1.47B valuation   —  Alibaba's financial services unit Ant Financial has invested RMB2.06 billion (US$321 million) in bike sharing firm Hellobike, valuing the latter …
Jun 3, 2018, 6:55 AMIn context
Yimian Wu / China Money Network:
Xiaohongshu, a social recommendation app for cross-border shopping, raises $300M Series D at a $3B valuation led by Alibaba, with Tencent Holdings participating   —  Chinese tech giant Alibaba Group Holding Ltd. has led a US$300 million series D round in Xiaohongshu, a social recommendation app …
Jun 1, 2018, 8:20 PMIn context

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