CSUF Startup Incubator Helps Entrepreneurs Electric Plane Business Take Off fullerton.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fullerton.edu Daily Mail and Mail on Sunday newspapers.
China Digest: Property agency Julive nets $62m; Style3D closes $31m
March 11, 2021
Chinese online-to-offline (O2O) real estate agency Julive has raised 400 million yuan ($61.6 million) in a Series C+ round, while Style3D, which provides 3D digital modeling software for the apparel design industry, has secured 200 million yuan ($30.8 million) in a Series Pre-B round.
Tencent, Oceanpine lead $62m round in Julive
Chinese O2O real estate agency Julive announced on Thursday the completion of a Series C+ funding round at $62 million led by Tencent and growth equity investment firm Oceanpine Capital.
Sequoia Capital China; Source Code Capital, the Beijing-based investor behind TikTok owner ByteDance and food delivery giant Meituan; and global venture capital (VC) firm Eight Roads participated in the deal.
Chinese e-commerce platform Dmall said to plan $500m US IPO this year
February 18, 2021
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the matter.
Beijing-based Dmall is working with advisers and is aiming to list as soon as the second half of this year, the people said, asking not to be named because the matter is private. The firm could raise about $500 million, one of them said.
Separately, Wumart Group is weighing a potential IPO of its own in Hong Kong, the people said.
E-commerce platform Dmall is said to plan U S IPO this year paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.