The international community has time and again reaffirmed its intent to stamp out corruption, most recently last year, when the UN adopted the Sustainable Development Goals. And now new research from Bangladesh points such efforts in a promising direct…
2016-04-20
Though much has been written about how a world on the move is changing national politics, there has been little consideration of its geopolitical effects. But the mass movement of people is already enabling countries to benefit in three ways.
2016-04-20
Air quality improves on coast, but deteriorates in centre and west
2016-04-20
Government fails to spend 2015 budget for travel, entertainment and vehicles
2016-04-20
Tencent Holdings Ltd. has led a RMB1 billion (US$155 million) series A funding round in artificial intelligence-enabled health data mining start-up iCarbonX, according to the company's founder quoted by Chinese media. In January, Shanghai-listed cell and gene engineering firm Vcanbio Cell & Gene Engineering Corporation, Ltd. disclosed in a filing that it was investing RMB100 […]
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2016-04-20
Li Min, principal in charge of healthcare investments at Bain Capital, answers five questions in this video interview with Nina Xiang, host of China Money Podcast. Q: What is a key industry trend that is overlooked by most people? A: In pharma investments, people are mostly focusing on biotech and novel drugs. But I believe […]
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2016-04-20
An investor consortium including Apex Technology Co., PAG Asia Capital and Legend Capital, has agreed to acquire global computer-printer maker Lexmark International Inc., in a deal that values the company at US$3.6 billion. In an announcement, Lexmark says the all-cash deal will be financed through equity contributions from the buyers as well as debt financing. […]
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2016-04-20
Baidu Inc says its online video division has completed a RMB1 billion (US$155 million) fundraising led by Shenzhen-listed television production firm Shanghai New Culture Media Group, according to an announcement on its Weibo account. SAIF Partners China also participated in the deal. Baidu also says that its online video division will be operating independently from […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2016-04-20
An investor consortium including China Investment Corp., KKR & Co. and Baring Private Equity Asia has expressed interest in buying a majority stake in Yum! Brands Inc.’s China business, according to media reports. Any potential deal could value Yum! China, which operates more than 7,100 KFC and Pizza Hut restaurants across the country, at US$7 […]
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2016-04-20
Now that Ele.me's agreement with Alibaba and Ant Financial for a combined USD1.25 billion investment is signed, the company has …
2016-04-20
Beijing-based high-end flower and gift O2O (online-to-offline) business roseonly has completed RMB190 million (US$29 million) series C round of financing from Yuansheng Capital and two additional Chinese investors whose identities cannot be verified. The company says it plans to use the proceeds on market expansion and internationalization. Yuansheng Capital is a new venture firm established […]
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2016-04-20
Beijing-based home cleaning service booking app eJiaJie, backed by CDH Investments, Tencent Industry Win-Win Fund and others, has officially listed on China's New Third Board, the National Equities Exchange and Quotations (NEEQ) The company, the first among a number of venture-backed on-demand home cleaning service providers to list, said its IPO application was approved in […]
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2016-04-20
Chinese short-distance travel service platform Yaochufa has raised RMB550 million (US$85 million) series D round of financing from Beijing UTour International Travel Service Co., Tongchuang Jinding Investment Management and China Capital Management, a unit of CITIC Holdings. UTour and Yaochufa plans to cooperate to expand Yaochufa's overseas products and other services. Launched in 2011, Guangzhou-based […]
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2016-04-20
ClearVue Partners has led a US$10 million series C round of financing in Beijing-based Yummy Express, a start-up providing logistics and operation services to Chinese O2O (online-to-offline) companies, according to a company announcement. SB China Venture Capital also participated in the round. "We are entering a dynamic and transformational time in China’s O2O meal delivery […]
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2016-04-20
Japanese food giant Calbee thinks the Chinese retail market is too big to ignore, so it's adjusting its investment strategy to return to the Middle Kingdom with a new joint venture. Calbee just ended its…
2016-04-20
The commodity-dependent nation’s wine exporters have their sights on China’s casual drinkers