Xiaoetong, which offers digital tools to coordinate brand marketing, online traffic, and sales channels, raises $120M Series D from Hillhouse Capital, more
Every day, 100k+ smart people read our newsletter. You can sign up here. Liya Su / DealStreetAsia : Tencent-backed XiaoETong bags $120m in a Series D round led by IDG Capital AJ Cortese / Tech in Asi...
Chinese lidar maker Hesai, which has customers like Bosch, Lyft, and Baidu, raises $300M Series D led by GL Ventures of private equity firm Hillhouse Capital
Rita Liao / TechCrunch :
China-based Zilliz, which builds open source software for processing unstructured data, raises $43M Series B led by Hillhouse Capital
Rita Liao / TechCrunch :
JD.com reports Q2 revenue of $28.5B, up 33.8% YoY, net revenue of $9.1B from merchandise sales; announces $830M+ investment into JD Health by Hillhouse Capital
Isabel Wang / Pandaily :
Coalition, which provides cybersecurity insurance, raises $40M Series B led by Ribbit Capital
Coalition, a cybersecurity insurance company, has raised $40 million in its latest round of funding. — Fintech investment giant Ribbit Capital led the investment with participation from Greenoaks Ca...
JD.com raises ~$2.5B by selling stake in its logistics business to investors including Hillhouse Capital and Tencent at $13.5B valuation, will retain 81% stake
China e-commerce leader JD.com … Alice Woodhouse / Financial Times : JD.com raises $2.5bn for logistics subsidiary Asia Times : JD Logistics completes new round of US$2.5 bln financing James Henderson...