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Enterprise-focused Online Food Delivery Site Meican Raises RMB 9-digit Series D+
36Kr.com, 5/31/18
Beijing-based Qingsong Meican Technology, operator of enterprise-focused online catering website Meican.com, announced today the completion of RMB 9-digit Series D+ funding from Sunshine Insurance Group. Read More
Ant Financial, CDH, Koubei Invest USD 200 Mln in Group Catering Service Provider Xiyun
36Kr.com, 5/08/18
Beijing-based group catering service provider Xiyun Enterprise Management has won USD 200 mln in Series A funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), CDH Investment, and Alibaba-affiliated local life service platform Koubei. Read More
Enterprise-focused Online Food Delivery Site Meican Raises Series D Funding
Jiemian, 8/02/17
Beijing-based Qingsong Meican Technology, operator of enterprise-focused online food ordering website Meican.com, has announced it has completed an undisclosed amount of Series D funding from Goldman Sachs Investment Partners, the venture capital and growth investment fund run by Goldman Sachs Group. Read More
Rumor: Alibaba's Koubei Soliciting Up to USD 2 Bln Funding
Jiemian.com, 4/10/16
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) online and mobile local life service platform Koubei is reportedly soliciting new funding in the RMB 1.5 bln to RMB 2 bln range, according to online industry media outlet Jiemian.com, citing source close to the matter. Read More
Gaming Firm Giant to Backdoor List through New Century Cruise
New Century Cruise, 10/31/15
Chongqing-based cruise ships and travel agency operator New Century Cruise (002558.SZ) recently announced plans to spend RMB 13.1 bln to acquire 100% of equity shares of online game developer and operator Giant Interactive Group. Read More
Online Stores Eligible for Low-Interest Loans
The Beijing News, 11/05/08
The Beijing Municipal Labor Service Management Center has revealed that the Beijing Municipal Bureau of Finance, the Beijing Bureau of Labor and Social Security and the operations management department of the People's Bank of China have jointly issued documents widening the scope of approval on a government-sponsored low-interest loan program catering to self-employed persons seeking small, secured loans. Read More
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