Chinese short-video platform Kuaishou has raised its latest found of financing, to the tune of nearly $3 billion.
Chinese EV upstart Xpeng Motors announced on November 13 the signing of a Series C capital funding of $400 million from a group of strategic and institutional investors.
MissFresh, a fresh produce e-commerce platform, announced the completion of their Series D fundraising on September 6. The $450 million round is lead by Goldman Sachs Investment Partners (GSIP) and Tencent Holdings Ltd., followed by Tiger Global Management and four new investors.
This year, Sinovation Ventures will turn nine years old. At a recent press conference, I shared several stories of entrepreneurship over the past nine years. During this time, the world has changed dramatically. The venture capital (VC) industry has become increasingly competitive and the rules of the industry have also changed.