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Chinese smart lock maker Kaadas nets nearly $100m in new funding


Chinese smart lock maker Kaadas nets nearly $100m in new funding
April 1, 2021
Shenzhen-headquartered smart lock manufacturer Kaadas on Wednesday said that it has raised approximately $100 million in a Series B round of funding led by investment firm Orchid Asia. 
Shenzhen Qianhai Huxing Asset Management and private equity firm Cowin Capital joined the round as new investors, Kaadas said in a statement. 
The company will invest the majority of the proceeds in product R&D, manufacturing and sales, brand marketing and talent recruitment. 
Kaadas, which was established in 2009, designs and produces smart door locks for the residential and commercial markets. It sells its products through e-commerce platforms such as Tmall and JD.com, brick-and-mortar retail stores, commission agents, and original equipment manufacturers. ....

Guo Jia , Qianhai Huxing Asset Management , Cowin Capital , Orchid Asia , கூவோ ஜியா , கோவின் மூலதனம் , ஆர்கிட் ஆசியா ,

Chinese gaming firm Quwan Network bags $100m from Matrix Partners China, Orchid


Chinese gaming firm Quwan Network bags $100m from Matrix Partners China, Orchid
Customers at an internet cafe play online games in Beijing. Photographer:Nelson Ching/ Bloomberg
February 2, 2021
Chinese social gaming and internet company Guangzhou Quwan Network Technology Co.,Ltd has announced the completion of a $100 million Series B round funding from Asia-focused investment firm Orchid Asia and existing investor Matrix Partners China, the latter investor announced on Monday.
Quwan had raised an undisclosed Series A round led by Matrix Partners China in April 2020.
The development comes as China’s esports industry is experiencing dramatic growth with total revenues in 2020 amounting to $1.1 billion, up 15.7% from 2019, according to games & esports market researcher Newzoo. ....

Programming Network , Guangzhou Quwan Network Technology Co Ltd , Orchid Asia , Matrix Partners China , Versus Programming Network , Prospect Avenue Capital , Southeast China , Heading Wang , ப்ரோக்ராமிஂக் வலைப்பின்னல் , ஆர்கிட் ஆசியா , அணி கூட்டாளர்கள் சீனா , எதிராக ப்ரோக்ராமிஂக் வலைப்பின்னல் , ப்ராஸ்பெக்ட் அவென்யூ மூலதனம் , தென்கிழக்கு சீனா , தலைப்பு வாங் ,

China's Orchid Asia leads funding in delivery platform Fantuan, edtech startup Ivydad


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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....

Jing Li , Daren Huang , Yale University , Media Research , Fivestar Holding , Orchid Asia , Fantuan Delivery , Vision Plus Capital , Celtic House Asia Partners , Focustar Capital , Star Capital , Sinovation Ventures , Crystal Stream Capital , ஜிங் லி , ரென் ஹுவாங் , யேல் பல்கலைக்கழகம் , மீடியா ஆராய்ச்சி , ஐந்து நட்சத்திரம் வைத்திருத்தல் , ஆர்கிட் ஆசியா , பார்வை ப்லஸ் மூலதனம் , செல்டிக் வீடு ஆசியா கூட்டாளர்கள் , நட்சத்திரம் மூலதனம் , படிக ஸ்ட்ரீம் மூலதனம் ,