China DealBook
A Newsletter on Deal Making in China

Deals Data - Week 2, 2017

Deal Summary for the Week (Week 2, 2017)

  • Funding
  • M&A
  • JVs
Funding

Sector-wise funding for the Week

Company
Date Announced
Type/Round
Investors/Acquirer
Deal Value(millions)
Remarks
Link
Cloud Computing
EasyStack10-Jan-2017Series CCASH Capital$ 50Said to be the largest funding round ever seen in China's open cloud services industryChina cloud computing player EasyStack raises $50m
CRM Platform
Xiaoshouyi13-Jan-2017Series DTencent Holdings, (Lead),
Sequoia Capital,
Matrix Partners,
ZhenFund
$ 40RMB280 million Series D roundTencent leads $40m round for China CRM platform Xiaoshouyi
E-Commerce
Shenzhen Youkeshu Technology Co., Ltd09-Jan-2017Series CCITIC Goldstone Investment Management Co., Ltd,
Founder H Fund Co. Ltd
$ 56Youkeshu previously raised RMB100 million (US$14 million) in a series A round in 2014, and received RMB400 million (US$56 million) from a series B financing round in 2015CITIC Goldenstone Co-leads $56M Round in Shenzhen Youkeshu Technology
Facial Recognition
Shenxing Tech09-Jan-2017VentureKinzon Capital,
Matrix Partners China,
Zero2IPO Venture
$ 15 Shenxing Tech Raises Funds For Facial Recognition In China
Film Production
Leshi Pictures (LeEco)13-Jan-2017Private EquitySunac China Holdings$ 1521.05 billion yuan for 15 percent stakeLeEco gets fresh $2.18 billion investment from property developer Sunac
Healthcare
Cui Yutao Health Management Center Co., Ltd.13-Jan-2017Series CGGV capital,
HighLight Capital,
Wu Capital
$ 20US$10 million series B funding round from HighLight Capital and Wu Capital in January 2016GGV's RMB Fund Leads $20M Round In Chinese Pediatric Care Operator
Logistics
Lalamove10-Jan-2017Series BXianghe Capital, (Lead),
Blackhole Capital,
MindWorks Ventures,
Crystal Stream
$ 30HK-based StartupChina’s Xianghe Capital leads $30m Series B for Lalamove
Online Comics
Kuaikan Comic10-Jan-2017Series CTiantu Capital,
Sequoia Capital,
GX Capital,
Engage Capital
$ 36 Tiantu leads $36m round for China comic site
Online Information Services
Zhihu11-Jan-2017Series DCapital Today,
Tencent Holding Ltd.,
Sogou, Inc.,
Qiming Venture Partners,
Sinovation Ventures
$ 100Question-and-Answer knowledge sharing platform similar to QuoraCapital Today Joins $100M Series D Round In Q&A Platform Zhihu
Restaurant Reservation App
Meiweibuyongdeng09-Jan-2017Series CKoubei,
Zhongshi Capital
 Deal Value Not Disclosed; The transaction follows a RMB500 million (US$72 million) strategic investment from Meituan Dianping and Baidu Inc. in October 2015Alibaba's Koubei Invests In Restaurant Booking App Maker
Technology
Leshi Zhixin (LeEco)13-Jan-2017Private EquitySunac China Holdings$ 1,1507.95 billion yuan for a 33.5 percent stake in Leshi Zhixin, known for its smart Internet TVs.LeEco gets fresh $2.18 billion investment from property developer Sunac
Telecommunications
Comm Corp10-Jan-2017 CMC Capital Deal Value Not DisclosedChina: CMC Capital backs Shanghai-based At Comm Corp

M&A
JVs