China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | January 20, 2017

A Newsletter on Deal Making in China

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Deal News 

 

China's Oceanwide, IDG Capital to buy tech publisher IDG
International Data Group, the owner of PCWorld magazine and market researcher IDC, on Thursday said it was being acquired by China Oceanwide Holdings Group and IDG Capital, the investment management firm run by IDG China executive Hugo Shong.

 

It is the latest technology and media asset to be sold to Chinese investors, following deals for U.S. companies last year such as television producer Dick Clark Productions, and customer satisfaction firm J.D. Power and Associates. Terms of the deal were not disclosed. Reuters previously reported that IDG was seeking around $1 billion.

 

Innotech targets Asia with US marketi...

By: ChinaDesk | November 25, 2016

A Newsletter on Deal Making in china

skyscanner_ctrip_china_dealbook_m&a_acquisition_newsletter

Deal News

 

China's Ctrip.com to buy Skyscanner in $1.74 billion deal
Ctrip.com International Ltd, China's biggest online travel company, said on Wednesday it agreed to buy travel search website Skyscanner Holdings Ltd in a deal valuing the Scotland-based company at about $1.74 billion.

 

Skyscanner, a result of CEO and co-founder Gareth Williams' frustration with finding cheap flights, enables users to compare prices from different travel sites when searching for flights, hotels, and rental cars.

 

Yum China in talks to buy delivery services firm Daojia
Yum China Holdings Inc is in talks to buy food delivery services firm Daojia.com for up to $200 million, as the biggest operator of fast food on the ma...

By: ChinaDesk | October 21, 2016

A Newsletter on Deal Making in China

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Deal News

 

Chinese Group Mulls $700 Million Steel Investment in Philippines
China’s Baiyin Nonferrous Group Co. agreed to consider setting up a stainless steel plant in the Philippines that could cost as much as $700 million, as part of a wider push to boost trade and economic ties between the two countries.

 

AliHealth launches platform to provide family healthcare
AliHealth, a subsidiary company controlled by Alibaba, launched a smart healthcare platform cooperating with more than 20 smart medical care institutes and health equipment producers on Wednesday.

 

Everbright-IDG Industrial Fund Injects $297M In China UnionPay Merchant Services
Everbright-IDG Industrial Fund, a joint venture investment ve...