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HONG KONG, Oct. 16, 2019 /PRNewswire/ — Crypto.com, the pioneering payments and cryptocurrency platform, announced today that…
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Permira, the global private equity firm, announces that it has held a final closing for its latest buy-out fund Permira VII (P7) on Wednesday, reaching its hard cap with total commitments of €11 billion (US$12 billion). P7 will follow Permira’s long-te……

InfiMind, a Chinese artificial intelligence (AI) start-up focusing on fashion and retail industries, has raised about RMB100 million (US$14.12 million) in a series A round of financing led by venture capital firm Sequoia Capital China. Chinese venture ……

Beijing-based online fresh grocery market Benlai Holding Group has raised US$200 million in a series D1 round of financing led by Shenzhen Mingde Holdings Development Co., Ltd., the largest shareholder of Chinese logistics giant SF Group, according to ……

The U.S. Department of Commerce said on Monday that it has added 28 Chinese organisation into its so-called Entity List, restricting its ability to do business with American firms. The move is announced just days before a trade negotiation that high-le……

Shanghai-based oncotherapy-focused firm Hrain biotechnology Co., Ltd. announces on Monday that it raises RMB200 million (US$28 million) in a series B funding round led by venture capital firm Shenzhen Capital Group (SCG). Biomedicine-focused venture ca……

UK-based chip designer Arm confirmed its long-term partnership with Huawei and its semiconductor subsidiary HiSilicon despite U.S. restrictions on Huawei, said Rene Haas, president of Arm’s IP products group on Wednesday at an event in Shenzhen, accord……

The Chinese authority has clamped down another domestic cryptocurrency project, shutting down the office of the popular and once well-funded “GXChain,” which counts Chinese bitcoin tycoon Li Xiaolai and early-stage investment firm ZhenFund among its sh……

Houbank, a Chinese online peer-to-peer (P2P) lending platform that counts Sequoia Capital China as a major shareholder, has been put on file for investigation and prosecution of alleged “illegal absorbing public deposits,” the municipal public security……

CDIB Capital, a private equity company primarily investing in cross-market businesses in the Asia Pacific, has hired Alex Ying, former managing director at The Carlyle Group and founder of China-focused Rivendell Partners, as the head of the company&#8……