China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | April 28, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

didi_chuxing_china_startup_dealbook_unicorn

Deal News

China’s Didi Chuxing is raising up to $6 billion at a valuation of over $50 billion
Didi Chuxing, the on-demand giant that drove Uber out of China, is set to become the world’s second-highest valued tech startup. Less than a year after raising almost $3 billion, Chinese ride-hailing giant Didi Chuxing is on the cusp of adding a further $5 billion or more to its arsenal.

 

Reading between the lines, this investment looks as much like SoftBank Group Corp. pushing money onto the four-year-old company. Clearly, Masa is a fan of the collaborative approach being taken by Didi, which stands at loggerheads with Uber's combative style. That...

By: ChinaDesk | April 20, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

weetabix_bright_foods_china_m&a_news_dealbook

Deal News

China's Bright to sell Weetabix to Post Holdings in $1.76 billion deal
China's Bright Food Group Co Ltd has agreed to sell iconic British cereal brand Weetabix to U.S. cereal company Post Holdings for $1.76 billion, a spokesman for the Chinese conglomerate said on Tuesday.

 

Bright Foods sells brand to US owner of Shredded Wheat and Bran Flakes after too few Chinese choose Weetabix for brekkie. The unchallenging cereal biscuit has failed to find favour in the far east – it couldn’t compete with the pork buns.

 

Alibaba’s Ant Financial may have won the bidding war for MoneyGram after upping its offer to $1.2B
Ant Financial, the Aliba...

By: ChinaDesk | April 13, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

xPerception_baidu_ai_acquisition_china_m&a_dealbook_news

Deal News


China's Baidu buys U.S. computer vision startup amid AI push
Chinese internet firm Baidu Inc has agreed to acquire U.S. computer vision firm xPerception for an undisclosed amount to support their renewed efforts in artificial intelligence as Chinese tech firms face regulatory headwinds in U.S.


xPerception, which makes vision perception software and hardware with applications in robotics and virtual reality, is founded by two former engineers from Magic Leap, a U.S. augmented reality startup.


China-backed fund to acquire Xcerra for $580 million
Sino IC Capital, a technology-focused private equity fund manager backed by the Chinese government h...

By: ChinaDesk | March 28, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

china_unicorns_startups_venture_capital_dealbook_news

Deal News


China's 'unicorns' nearly double to 131: official
China had $131 billion worth of private start-ups by the end of 2016, nearly doubling the figure of the year before, said an official with Ministry of Science and Technology.


China's unicorns are spread over 16 cities, but mostly in Beijing, Shanghai, Shenzhen, and Hangzhou. Half of China's unicorns are in Beijing's Zhongguancun, home to China's three super-unicorns worth over $10 billion: Xiaomi, Didi Chuxing, and Meituan. In fact, Zhongguancun is second only to Silicon Valley as the most concentrated area for tech unicorns in the world, the report says.


China's HNA Buys $446 Million Stake in ...

Category: Daily Newsletter 

Tags: Venture Capital, China Newsletter, AC Milan, Vanke, Sinopec, Zhou XiaoChuan, Blackstone, Canyon Bridge Capital, China IPO, Mergers, Acquisitions, HNA Group, China Unicorns, Meitu, China Southern, PBOC, Syngenta, Huayi Brothers, CRRC, Lattice Semiconductor, Private Equity, C-Bridge Capital, Yingde China, China Startup, BYD, Tencent Holdings, Guotai Junan Securities, IPOs, JD com, PAG Asia Capital, Aramco, China M& A News, PingAn, Old Mutual, OM Asset Management, Sea World, Zhonghong Zhuoye, American Airlines, Boyu Capital, Vanke Property Development, Elliot, Yongjin Group, Kingdee Healthcare, Tiger Brokers, China Growth Capital, Wuxi AppTec, CRO, CMO, ShangPharma, Minsheng Investments, STX Entertainment, MTR Corporation, Huishan Dairy Holdings, Kaisa Group, SOEs, Boao Forum, New Development Bank 

By: ChinaDesk | March 21, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

moneygram_ant_financial_alibaba_deal_m&a_news_china

Deal News


MoneyGram board says Euronet offer could result in superior proposal
U.S. electronic payments company MoneyGram International Inc said on Monday that peer Euronet Worldwide Inc's offer could result in a superior proposal compared to the one from China's Ant Financial Services Group.


MoneyGram will share confidential information with peer Euronet so that it can firm up its offer. Euronet had offered $15.20 per share in cash to buy MoneyGram last week, topping the $13.25 per share offer from Ant Financial. Wall Street already seems certain that there's more to come.

Traders are betting that Chinese billionaire Jack Ma is about to get drawn into ...

Category: Daily Newsletter 

Tags: Venture Capital, Alibaba, ICBC, Ant Financial, China Newsletter, Vanke, Sinopec, SAFE, Ofo, Evergrande, Mobike, Legend Capital, Qiming Ventures, China IPO, Mergers, Acquisitions, Baoneng Group, IDG China, PBOC, CRRC, SDIC, Private Equity, CDH Investments, CreditEase, BYD, CMC Capital, Shenzhen Metro, Paramount Pictures, IPOs, MoneyGram, PAG Asia Capital, HG Capital, Momo, Shanghai IPO, China M& A News, euronet, Viacom, Chevron South Africa, Pan Gongsheng, IBM Cloud China, Wanda Cloud, Fanli, Geek, Tanyuan Tech, Hypereal, Mychebao, Suzhou Ribo Life Science, Weying, Newrank, YCloset, Pan Lin Asset Management, Phoenix TV, Gary Cohn, HTC, Apple China, Rusal, Elec-Tech Co, Xianyu, Li Jianli, Shenzhen Kedali 

next>>