Funding

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China's leading vending company Ubox has secured 530 million RMB ($85 million USD) in funding from Carlyle Group in exchange for an undisclosed stake. The investment was...

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China’s cloud communications startup EaseMob has secured $12.5 million USD in Series B funding from returning investors of Sequoia Capital, Matrix Partners China and SIG China. EaseMob is really on...

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Social-based fintech platform Fastacash has secured a $15 million USD B series, raising the company’s total funding to $23.5 million USD. Rising Dragon Singapore led the...

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Didi-Kuaidi, China’s largest taxi-hailing ride service, has announced a record breaking $2 billion USD in funding lead by Capital International Private Equity Fund and Ping...

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Ourpalm, China’s leading listed social web and mobile game developer, has invested $3.1 million AUD (roughly $2.3 million USD) funding in mobile game developer Animoca Brands...

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LY.com (formerly 17U.com or Tongcheng), one of China’s largest ticketing websites, has secured more than 6 billion RMB ($967 million USD) funding from a consortium...

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Chinese social networking site Renren has invested in another fin-tech startup, as they grow farther and farther from their roots in social.  Jinfuzi, a Shenzhen-based “online...

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Chinese offline payment solution provider Lakala has secured 1.5 billion RMB ($240 million USD) in funding at a valuation of 10 billion RMB ($1.6...