
TENCENT
Chinese Edtech Startup Huohua Siwei Secures $400 Million In Series E Funding Round
Huohua Siwei, a Chinese firm providing online education services for children aged 3 to 12, has announced the completion of its series E funding round that raised $400 million in total, as online tutoring grows in popularity due to coronavirus-related school restrictions.
by caixinglobal
2021-01-27

Tencent-Backed Esports Startup VSPN Closes $60 Million Funding
Shanghai-based esports event organizer Versus Programming Network (VSPN) has raised $60 million in its series B+ funding round, as esports’ inclusion in the lineup for the 2022 Asian Games as a full medal event has increased investor interest.
by caixinglobal
2021-01-22

Chinese Edtech Platform Jiliguala Nets $100M Series C from Tencent, And Others
Shanghai-headquartered online English learning platform Jiliguala on Monday announced the completion of its nearly $100-million Series C round from investors including Chinese tech giant Tencent.
by caixinglobal
2021-01-19

Tencent-Backed Workout App KEEP Bulks Up With $360 Million Funding
China’s popular fitness app Keep has increased its valuation to $2 billion after closing a $360 million series F funding round led by SoftBank’s Vision Fund, TechCrunch reported on Monday. The latest funding comes as the sports tech startup seeks to expand its offerings beyond online video training courses.
by caixinglobal
2021-01-13

TPG’s Rise Fund Leads $210m Series D Round in Chinese Edtech �Firm Meishubao
Meishubao Education, a Tencent-backed Chinese online art education platform, announced on Thursday the completion of a Series D round of financing at $210 million led by US-based private equity (PE) firm TPG’s global impact investing platform The Rise Fund.
by DealStreetAsia
2020-12-28

Tencent, Temasek-backed Chinese AI major MiningLamp Raises $200m Series E+ Round
MiningLamp Technology, a Chinese big data and artificial intelligence (AI) unicorn backed by Tencent and Temasek, announced on Friday the completion of $200 million in a Series E+ round of financing led by Russia-China Investment Fund (RCIF).
by DealStreetAsia
2020-12-21

China’s Yonghui Superstores’ Fresh Food Unit Raises $153m From CICC, Tencent, and Others
Yonghui Fresh Food, the fresh produce-based B2B platform of Chinese leading supermarket group Yonghui Superstores, has secured a corpus of 1 billion yuan ($153 million) in a strategic investment jointly led by Chinese tech giant Tencent, CICC and others.
by DealStreetAsia
2020-12-14

Chinese Tencent And Kuaishou Invest in E-Sports Startup VSPN
We will start a new round of strategic upgrading to extend the reach of our business, including building e-sports cultural parks, rolling out short video e-sports content, continuing to expand overseas, and developing derivative consumer goods.
by KrAsia
2020-10-27

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