Xianghe Capital, a principal investment firm founded by former executives at Baidu’s investment team, has closed its USD-denominated second fund at US$425 million and debut RMB-denominated fund at RMB1 billion (US$139.30 million), the company announced in a statement on Tuesday. The new funds will continue to back early and growth-stage companies in the TMT field […]

Ex-Baidu Investment Head-Led Xianghe Capital Closes Two Funds At $564M comes originally from China Money Network. All Rights Reserved.