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Alibaba Acquires Import E-Commerce Platform Kaola from NetEase

NetEase, 9/05/19

Chinese internet conglomerates NetEase, Inc. (Nasdaq: NTES) and Alibaba Group (NYSE: BABA) today announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximately USD 2 bln. Read More

Online Corporate Training Service Provider Yunxuetang Completes Series C

PE Daily, 9/25/18

Jiangsu-based online corporate training service provider Yunxuetang Network Technology recently completed Series C funding led by Yunfeng Capital with participation from previous investor SIG China Investment. Read More

Sequoia Capital, Yunfeng Invest RMB 150 Mln in IT Services Provider Yunxi

iYiou, 9/19/18

Hangzhou-based digital transformation solutions and products provider Yunxi Technology recently announced completion of RMB 150 mln in Series A+ funding led by Sequoia Capital China with participation by Series A investor Yunfeng Capital. Read More

Tmall, Jingu and Kangzhong Jointly Form Auto Aftermarket Service Firm

Sina Tech, 8/23/18

Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall recently announced that its automotive division will form an aftermarket joint venture with Zhejiang-based wheel and tire manufacturer Jingu's (002488.SZ) subsidiary car care platform Qiche Chaoren ("Car Superman") and Jiangsu-based Kangzhong Industry Investment's auto parts B2B e-commerce platform Carzone. Read More

Jack Ma's Yunfeng Capital Leads RMB 1.2 Bln Series A Investment in Ali Sports Group

iYiou, 4/03/18

Shanghai-based Alibaba Sports, a subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced completion of over RMB 1.2 bln in Series A funding at a post-money valuation of RMB 8 bln. Read More

Yunfeng Invests RMB 120 Mln in IT Management Visualization Solutions Firm Uinnova

PE Daily, 2/06/18

Beijing-based IT management visualization solutions provider Uinnova Technology recently said that it completed RMB 120 mln in Series B funding from Yunfeng Capital at the end of 2017. Read More

Identity Authentication Solutions Firm Trusfort Raises RMB 120 Mln Series B2

36Kr.com, 1/15/18

Beijing-based mobile identity authentication service provider Trusfort Technology recently revealed that it completed RMB 120 mln in Series B2 funding in December 2017, in a round led by Yunfeng Capital with participation from Dreamfly Capital Management, SIG Asia Investment, and Redpoint Ventures. Read More

AI Chip Maker ThinkForce Wins RMB 450 Mln Series A from Yitu, Yunfeng

ChinaVenture, 12/14/17

Shanghai-based AI chip maker Think-Force Electronic Technology ("ThinkForce") recently announced completion of RMB 450 mln in Series A funding from Shanghai-based machine vision technology developer Yitu Network Technology, Alibaba Group (NYSE: BABA) Chairman Jack Ma's Yunfeng Capital, Sequoia Capital, and Beijing-based Hillhouse Capital Management. Read More

Airbnb Clone Xiaozhu Completes USD 120 Mln Series E

SinaTech, 11/01/17

Shanghai-based Kuaipo Information Technology, operator of short-term housing rental website Xiaozhu.com, announced today the completion of USD 120 mln in Series E funding led by Yunfeng Capital, the private equity firm co-founded by Alibaba Group (NYSE: BABA) chairman Jack Ma, with continued participation from previous backers Joy Capital, Morningside Ventures, and Capital Today. Read More

Alibaba, Yunfeng Capital Lead RMB 1 Bln Investment in Cloud Storage Provider Qiniu

iHeima, 8/28/17

Shanghai-based cloud storage and computer technology developer Qiniu Information Technology recently announced completion of RMB 1 bln in Series E funding led by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Yunfeng Capital, the private equity company co-founded by Alibaba Group chairman Jack Ma. Read More