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China's giant firms like Dalian Wanda have invested in Le Sports, which raised 800 million yuan in May last year.
Le Sports Now Valued at 21.5 Billion Yuan After Completing Second Round of Funding

ByManny Salvacion | Mar 30, 2016 08:49 AM EDT

JD Finance, JD.com Inc.’s financial subsidiary, plans to raise 6.65 billion yuan ($1.01 billion) to develop its financial technology ecosystem.
JD Finance to Raise $1 Billion to Develop Financial Ecosystem

ByManny Salvacion | Jan 18, 2016 06:19 AM EST

Alibaba is trying to boost its image after being accused of selling counterfeit and low-quality products.
Alibaba Plans to Sell Stake in Chinese Tech Startup

ByAlvin Ybanez | Nov 24, 2015 09:22 PM EST

Facebook CEO Mark Zuckerberg is seen with President Barack Obama, who is speaking on the state of economy at a town hall style meeting organized at Facebook headquarters.
Facebook Unveils New Donation Tool To Help Nonprofits in Charity Fundraising

ByRavneet Bhalla | Nov 19, 2015 08:39 AM EST

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To acquire more tech assets, GSR Ventures is raising $5 billion.
China's GSR Ventures to Raise $5 Billion Fund, to Acquire Tech Assets Abroad

ByEL Borromeo | Jul 28, 2015 07:38 AM EDT

Didi Kuaidi remains the leading car-hailing firm in China.
Didi Kuaidi’s $2-Billion Fundraising Drive Beats Facebook's

ByManny Salvacion | Jul 10, 2015 07:50 AM EDT

As home rental services and other sectors in the
Beijing-based Home-Rental Site Xiaozhu.com Raises $60M

ByEL Borromeo | Jul 08, 2015 09:50 PM EDT

According to media reports, 52 executives have left their positions in leading state-owned financial institutions.
Fxiaoke Raises $100 Million from Most Recent Fundraiser

ByKaren Vergara | Jul 07, 2015 10:11 PM EDT

Didi Kuaidi Prepares to Extend Operations to the U.S.

ByManny Salvacion | Jul 03, 2015 07:25 AM EDT

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