Xilong Scientific Co. [SHE:002584] plans to buy a 70-percent stake in a molecular diagnostics company in East China’s Shandong province to expand its market scope within biotechnology.
Suning Commerce Group, Alibaba
China’s leading self-guided tour platform Mafengwo raised USD133 million in its fourth funding round and plans to better help users make travel decision, it said today.
Chinese auto finance provider Shenzhen Yicartrip Technology Co. closed A-round funding worth CNY175 million (USD26 million) to ramp up sales…
Jodin Holdings, a large institutional Chinese investor, plans to put another CNY2.5 billion (USD377.9 million) into its internet finance app…
Shankai Sports International Ltd. has bagged CNY300 million (USD45.3 million) in financing from Yao Capital, which National Basketball Association Hall of Famer Yao Ming co-founded.
Chinese office vending machine startup Xedaojia has secured CNY200 million (USD30.3 million) in B-round financing, and will use the funds it raised to expand its service network, 36kr reported.
Online baked goods group Bliss Cake said it has completed its A-round of financing and will put proceeds into promotion.
The Asian Infrastructure Investment Bank has approved a USD250-million loan to construct a natural gas supply network in Beijing, it said this morning.
Chinese fitness startup Supermonkey has completed its C-round financing worth millions of yuan so it can open more stores nationwide.
Shanghai Fosun Pharmaceutical (Group) Co. [SHE:300109] holds a 16.27 percent stake in Bo’ai Fosun Biological Medicine Co.
A Chinese start-up company committed to unmanned aerial vehicle (UAV) logistics deliveries recently announced it secured tens of millions in…