April 25, 2018- RENRENCHE.COM, a leading Chinese trading platform for used cars, announced that it had completed a new round of financing in the amount of $300 million. The round was led by Goldman Sachs’SSG group, with participation from Tencent and Didi, two internet behemoths in China. CEC Capital served as the Exclusive Financial Advisor to RENRENCHE in this transaction.
March 1, 2018-Outbound ride-hailing and tour-guiding platform Hi Guides announced that the company has raised $50 million in its series C round. The round was led by Sequoia Capital, followed by previous investors MatrixPartners China and Concord Investme
February 26, 2018- Danke Gongyu, Chinese leading online apartment rental platform, has completed a $100 million in a Series B capital raise. The round was led by CMC and Banyan Capital, with participation by Youjin Investment Management, Vision Plus Cap
December 25, 2017- Suning Financial Services, a subsidiary of Suning Commerce Group(002024.SZ), announced today that it had entered into definitive agreements to raise a more than RMB5.3 billion. The round will be led by Suning Holdings, YF Capital, and GP Capital, with participation from CICC, China Everbright Investment, and SCGC, etc. for a total equity stake of 16.5% of the company.
Missfresh Inc., a mobile retailer of fresh food, announced today that it had completed a $100 million Series C financing led by the management fund under Lenovo Capital, the direct investment arm of Lenovo Group, and ZSVC. Its existing investors Tencent,
ofo, a leading bike-sharing company based in China, announced today that it has raised over $700 million in a Series E round of financing. The round was led by e-commerce giant Alibaba Group, Hony Capital and CITIC Private