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Self-balancing Personal Transporter Firm Ninebot Completes USD 100 Mln Series C
Ninebot, 10/20/17
Tianjin-based self-balancing personal transportation robot developer Ninebot recently announced completion of USD 100 mln Series C funding from China Mobile Innovation Industry Fund and a fund managed by SDIC Innovation. Read More
Didi Kuaidi Invests in Indian Car Hire App Ola
National Business Daily, 9/28/15
Xiaoju Kuaizhi Inc ("Didi Kuaidi"), operator of Chinese mobile taxi booking and car hire apps Didi Chuxing (formerly Didi Dache) and Kuaidi Dache, has announced that it invested an undisclosed amount in Indian car hire app Ola's latest round of funding along with GIC, Falcon Edge, Tiger Global, and SoftBank China Venture Capital. Read More
Alibaba Group to Invest RMB 20-30 Bln in Warehouses
Sina Tech, 1/19/11
Alibaba Group and its financial partners will invest between RMB 20-30 bln to construct a national warehouse network called "AliWarehouse" as part of its new distribution strategy, and aims to raise more than RMB 100 bln from the e-commerce sector to develop a national distribution system. Read More
Singapore's GIC Purchases 5.4% Stake in Shanda Games
Sohu IT, 11/18/09
Government of Singapore Investment Corporation (GIC) has acquired 4.4 mln shares in Shanda Games (Nasdaq: GAME) for approximately USD 47 mln, giving GIC a 5.4% stake in the game developer.Read More
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