China Venture Capital News

Tencent Buys Comsenz

August 24, 2010

(Reuters) – China’s largest Internet company Tencent Holdings Ltd (0700.HK) has bought a Chinese social networking company for more than $60 million, the China Business News reported on Tuesday.

Tencent, China’s No.1 online game operator and its largest instant messaging provider, had bought C… Read more →

Changelight IPO

August 12, 2010

(Shenzhen Stock Exchange: 300102) Changelight IPO volume is 29.50 million with the post-IPO share capital totaling 118 million, the offering price of 45.00 yuan per share, the raised funds expected up to 1.328 billion yuan.

Xiamen Changelight Co., Ltd. principally engages in the research, dev… Read more →

AutoNavi Holdings Limited Announces Pricing of Initial Public Offering on the NASDAQ Global Select Market

July 01, 2010

BEIJING, July 1, 2010 (GLOBE NEWSWIRE) — AutoNavi Holdings Limited, (“AutoNavi” or the “Company”) (Nasdaq:AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced that its initial public offering of 8,625,000 American depositary share… Read more →

Prudent Energy Announces $22million Series C Fund Raise

March 02, 2010

BEIJING, March 2 /PRNewswire-Asia/ — Prudent Energy Inc. the leading manufacturer of the Vanadium Redox Battery Energy Storage System (VRB-ESS), has raised approximately $22million in Series C preferred shares. Northern Light Venture Capital led the round, which also included new investor Se… Read more →

Sequoia Capital Invests in Aobi

December 11, 2009

Aobi, a leading domestic professional website for children, disclosed that it has recently secured investment from Sequoia Capital China.

Aobi is a green website for the whole ages certified by China Youth Internet Association. The website was officially launched on Sep. 25, 2008. So far, it h… Read more →

PPD Completes Acquisition of Excel PharmaStudies

November 06, 2009

PPD, Inc. (Nasdaq: PPDI) today announced it has completed its acquisition of Excel PharmaStudies, Inc., the market leader and one of the largest contract research organizations in China. The acquisition strengthens PPD’s full range of drug development services in the country and positions it to c… Read more →

Peak Sport IPO

September 29, 2009

Peak Sport Products Co., Limited (HKEx Stock Code: 1968), together with its subsidiaries the “Group”), a well-known branded sportswear company in China, commenced trading on the Main Board of The Stock Exchange of Hong Kong limited (“HKEx”) today.

Credit Suisse (Hong Kong) Limited is the Sole … Read more →

Sequoia Capital Invests in CERNET-Koncept, Ltd. To Develop China Campus Channel

November 06, 2008

BEIJING, Nov 06, 2008 (BUSINESS WIRE) — CERNET Koncept Ltd., the holder of exclusive rights to provide digital media services and advertising to China’s university students, have recently closed a US $6.5 million Series A round with Sequoia Capital to expand their next generation media services … Read more →

Renhe Commercial Holdings IPO

October 22, 2008

HONG KONG, Oct 22 (Reuters) – China’s Renhe Commercial Holdings Co Ltd rose 4.4 percent in its trading debut in Hong Kong on Wednesday in an IPO unlikely to inspire other listing hopefuls to venture into a global market that has all but shut to newcomers.

Renhe (1387.HK), which develops underg… Read more →

Sequoia Capital Invests in CERNET-Koncept to develop China Campus Channel

August 01, 2008

Beijing, China, August 1, 2008- CERNET Koncept, the holder of exclusive rights to provide digital media services and advertising to China’s university students, have recently closed a Series A round with Sequoia to expand their next generation services to Chinese Campus Channel and allow advertis… Read more →