Beijing-based used-car online transaction platform RenRenChe.com has completed US$20 million series B financing led by Ceyuan Ventures and Shunwei Capital, according to the company's Weibo account. Existing investor Redpoint Ventures also participated. The latest round values the company at US$150 million. Founded in April 2014, RenRenChe.com received US$5 million series A from Redpoint at the […]

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Chinese P2P (peer to peer) lending platform Shanghai Lujiazui International Financial Asset Exchange Co. Ltd., has reportedly received its first round of financing valuing the company at nearly US$10 billion, according to Chinese media reports. Details of the financing round were not disclosed. The Shanghai-based company, also known as Lufax, is established in 2011 with […]

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Beijing-based Chinese online travel search engine Qunar.com has invested an undisclosed amount in Chinese tourism franchise operator Traveling Bestone to cooperate on the O2O (online-to-offline) market, according to a company announcement. The investment is the largest for venture-backed Qunar, says the statement without specifying. The two companies will collaborate to create a major travel O2O […]

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Beijing-based mobile sales management tool FXiaoKe has received US$50 million in series C financing led by venture capital firm DCM, according to a company announcement. Existing investors IDG Capital and Northern Light Venture Capital also participated. FXiaoKe just completed a US$10 million series B financing round in July led by Northern Light Venture Capital. The […]

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Shanghai-based housekeeping services O2O (online-to-offline) platform Yunjiazheng.com has completed series A financing of around tens of millions U.S. dollars from BlueRun Ventures, according to Chinese media reports. The company has previously received an undisclosed angel investment from Zhonglu Capital. Yunjiazheng.com says it will use the latest proceeds to expand into new markets, standardize its network […]

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