China DealBook
A Newsletter on Deal Making in China

Deals Data - Week 1, 2017

Deal Summary for the Week (Week 1, 2017)

  • Funding
  • M&A
Funding

Sector-wise funding for the Week

Company

Date Announced

Type / Round

Investors / Acquirer

Deal Value(millions)

Link

Bike Sharing

Mobike

04-Jan-2017

Series D

Tencent Holdings,
Warburg Pincus

$ 215

Tencent, Warburg Lead $215M Series D Round In China's Mobike

Qibei Tech

05-Jan-2017

Series A

Florin Investment Group,
Hunyuan Investment

$ 14

Florin Investment Group Leads $14 million Series A Round In Qibei Tech

Biotech

Ascletis

03-Jan-2017

Series B

C-Bridge Capital (Lead)
Qianhai Equity Investment Fund
Goldman Sachs
Tasly Pharmaceutical

$ 100

C-Bridge Capital Leads $100M Round In Chinese Drug Start-Up Ascletis

Frontier Biotechnologies

04-Jan-2017

Series C

Shenzhen Capital,
Efung Capital,
Huaxin Century Investment Group (Lead)

$ 43

Shenzhen Capital Group Joins $43M Round In Frontier Biotechnologies

E-Commerce

Magento

05-Jan-2017

Private Equity

Hillhouse Capital

$ 250

Hillhouse To Invest $250M In Cloud E-Commerce Firm Magento

Enterprise Leasing

Edianzu

03-Jan-2017

Series A

Lakala (Legend Holdings),
Matrix Partners China
Shunwei Capital

$ 10

Lakala Funds Lead $10M Round In Office IT Leasing Firm Edianzu

Healthcare

New Century Healthcare

02-Jan-2017

H.K. IPO

(Announced)

$ 100

New Century Healthcare to stage a $100 million IPO on the Hong Kong exchange

Internet Finance

Nongfenqi

05-Jan-2017

Series B

Bertelsmann Asia Investments (Lead),
Zhen Fund,
Sinolink Securities,
Shunwei Capital,
Source Code Capital,
Future Cap,
Younghua Capital

$ 14

BAI Leads New Round In Agriculture Finance Start-Up Nongfenqi

Chedai

06-Jan-2017

Series B

You Jin Capital (Lead),
Addor Capital (Lead),
Matrix Partners China,
CreditEase,
360 Jinrong

$ 52

China auto financing platform Chedai gets $52m Series B

Logistics

e-Shang Redwood

04-Jan-2017

Private Equity

GF International Investment,
Huarong International,
Huarong Rongde,
SPDB International,
China Everbright Ltd.,
Everbright Securities,
CMBC International

$ 300

Chinese Funds Inject $300M In Warburg-Backed E-Shang Redwood

Medical Devices & Equipment

Anrei Medical (Hangzhou) Co., Ltd.

06-Jan-2017

Venture

C-Bridge Capital

$ 25

C-Bridge Invests $25M In Medical Equipment Maker Anrei

Online Gaming

G-bits

04-Jan-2017

China IPO

(Completed)

$ 138

Gaming Firm G-bit completes A-Share IPO in Shanghai exchange

Online Media

ThePaper.cn

01-Jan-2017

Strategic Investment

Shanghai Jiushi Corp,
Jinwin Investment,
Shanghai East Best & Lansheng International Trading Co Ltd,
Bailian Group,
INESA (Group) Co Ltd,
Jinjiang International Co Ltd.

$ 88

Six China state-owned firms invest $88m in ThePaper.cn

Online Travel (OTA)

Aipinji

04-Jan-2017

Series B

Meridian Capital China
Hangzhou Hongfan Tiansheng Capital

$ 17

Meridian Capital China Joins $17M Venture Round In Aipinji

Open Location Platform

HERE

02-Jan-2017

Strategic Investment

Tencent Holdings,
NavInfo,
GIC

GIC, Tecent, NavInfo to take mapping business Here into China

Ride Sharing

99 (Brazil)

05-Jan-2017

Series C

Didi Chuxing

$ 100

China's Didi, partners invest over $100 million in Brazil's 99 company

Search Engine

Sogou

03-Jan-2017

U.S. IPO

(Announced)

China’s Sogou Targets IPO at $5 Billion Valuation to Chase Baidu

Video Streaming

Chushou TV

03-Jan-2017

Venture

GGV Capital (Lead)
Shunwei Capital (Lead)
Qiming Venture Partners
Feidian Capital

$ 58

GGV, Shunwei lead $58M Round In Games Streaming Start-Up

Shanghai Bajiulin

04-Jan-2017

Series A

Trustbridge Partners (Lead)
Zheshang Venture capital,
Toutoushidao Capital,
Puhua Capital

$ 23

Trustbridge Partners Leads $23 million Series A Roun

M&A