TENCENT Volanews

CHINA CANADA COFFEE BRAND

Tencent Invests In Tim Hortons As Canadian Coffee Chain Embraces Digitalization WeChat owner Tencent has increased its bet on Canadian coffee chain Tim Hortons, which is mulling store expansion and using online channels to promote sales in China.

by caixinglobal

18 hours ago

CHINA MEDTECH Vision Medicals

Tencent Gives Boost To Gene Technology Startup Vision Medicals With New Funding Round Chinese precision medicine startup Vision Medicals has raised 200 million yuan ($31 million) in its series C funding round led by Tencent, its second funding round in seven months.

by caixinglobal

2021-02-09

CHINA EDUTECH Huohua Siwei

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

CHINA ESPORTS VSPN

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

CHINA Intelligent Vehicle TENCENT

Tencent and Automaker Geely Team Up on Autonomous Vehicle Tech Chinese internet giant Tencent and domestic carmaker Geely have agreed to co-develop intelligent vehicle technologies, the latest cross-industry partnership between a tech firm and traditional automaker.

by caixinglobal

2021-01-21

CHINA EDUTECH Jiliguala

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

CHINA fitness startup KEEP

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

CHINA Software Industry HR Service

Chinese HR Software Developer WorkTrans Nets $190.5m in Series C, D WorkTrans, a Chinese developer of human resources (HR) management software, announced on Friday that it has pocketed a combined $190.5 million across Series C and Series D rounds of financing.

by caixinglobal

2021-01-12

INDIA B2B E-COMMERCE

Udaan Raises $280MN From New And Existing Investors Indian business-to-business e-commerce startup Udaan has raised $280 million, it said Wednesday, as it seeks to serve more mom-and-pop businesses that are buying products online in the wake of the COVID-19 pandemic.

by LiveMint

2021-01-07

CHINA HEALTH TECH DXY

Trustbridge Leads $500m Round for Tencent-Backed Chinese Healthtech Firm DXY DXY, a Tencent-backed Chinese healthtech firm, has secured $500 million in a new funding round led by growth-oriented private equity (PE) firm Trustbridge Partners.

by caixinglobal

2021-01-05

CHINA BIOTECH Singleron Biology

Tencent Leads $30M in Singleron Chinese molecular diagnostics startup Singleron Biotechnologies has closed a $30 million Series A2 round of funding solely from existing investors, according to a company statement on last Thursday.

by DealStreetAsia

2020-12-28

CHINA EDTECH Meishubao

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

CHINA AI Synyi AI

CICC Alpha Leads $61m Series D Round in Synyi AI Tencent-based health tech startup Synyi AI has raised 400 million yuan ($61 million) in a Series D round of financing.

by DealStreetAsia

2020-12-23

CHINA BIG DATA AND AI Startups

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 E-COMMERCE TENCENT

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

CHINA Startups EEO Education

China's EEO Education Bags USD 265 Million Amid Online Education Boom EEO launched its first online classroom software, ClassIn, about one year later. The software first targeted after-class tutoring companies such as New Oriental and TAL Education.

by KrAsia

2020-11-30

CHINA GIANTS KUAISHOU

Chinese Alibaba And Jack Ma’s YF Capital to Join Kuaishou’s Upcoming Hong Kong IPO Tencent will be a cornerstone investor in the IPO, while YF Capital, the VC established by Jack Ma, and possibly other Alibaba investment vehicles will subscribe new shares.

by KrAsia

2020-11-03

CHINA Startups VSPN

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

CHINA Startups Ruipeng Pet Healthcare Group

Tencent Invests in China’s Largest Animal Hospital Chain New Ruipeng operates the largest pet hospital chain in China with over 1,400 centers in more than 80 cities in China, offering a slew of services including dental care, vaccinations, sterilizations, and medical treatment.

by KrAsia

2020-09-30

CHINA Startups Taimei technology

Chinese Medical Software Firm Taimei Raises USD 176 Million from Tencent, Hillhouse, Others Taimei runs TrialOS, a platform that involves the different stakeholders in the pharmaceutical sector, including hospitals, drug makers, regulators, and patients.

by KrAsia

2020-09-29