Category: News

China VCs To Invest $500M In Israel in 2015

Chinese investors continue to show growing interest in Israeli high tech, with Chinese investors set to inject an estimated $500 million in Israeli venture capital in 2015, according to IVC Research Center. The center additionally predicted that Israeli funds will raise between $1.2 billion and $1.5 billion by the end of this year, and half of the funds that raise money by the end of...

Disenchanted Chinese Tech Companies Plot Escape From NY Listings

Chinese tech firms have fallen out of love with America, and it shows – a growing number of them are looking to drop their listings in New York and head back home. Many Chinese tech executives are betting on higher share valuations in China where stock markets have recently caught fire. They also hope to evade...

Chinese E-commerce Giant Leads $70M Round In Online Producer Retailer

Chinese e-commerce site and Alibaba rival JD.com is putting its money into fresh fruit and vegetables after it led a $70 million Series C round in FruitDay, a company that sells fresh produce across China. The investment in six-year-old FruitDay, which claims to be China’s largest online produce firm, also included participation from previous backers Susquehanna International Group...

Hong Kong Snubbed For IPO As Shenzhen Gets Focus Media

When e-commerce giant Alibaba Group Holding eventually decided to list in New York last year, some Hong Kong officials and bankers sought to defend the snubbed city’s long-standing reputation as one of the world’s leading financial centres. “Don’t worry. Others will still come to Hong Kong after Alibaba” was the main message heard at the time....

China Inc. Comes To America

Headlines on Chinese and U.S. relations are usually dominated by tensions over trade and security as China flexes its economic muscle on the world stage. Corporate takeovers in the U.S. by foreign companies can be controversial as locals fear losing their jobs. But this new report found that Chinese investment is saving jobs by offering new financing to troubled businesses.”

Why This Chinese Startup Bought Segway

Two companies have sealed a deal that’s raising eyebrows: Segway, the struggling American maker of disgraced self-balancing scooters, has been bought by Ninebot, the Chinese rival that Segway recently accused of copying its signature two-wheelers. Ninebot announced the curious acquisition for an undisclosed sum on Wednesday, which followed a combined $80 million investment from mega-rich Chinese...