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Tencent, Temasek-backed Chinese AI major MiningLamp raises $200m Series E+ round


Tencent, Temasek-backed Chinese AI major MiningLamp raises $200m Series E+ round
Photo by Shahadat Rahman on Unsplash
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MiningLamp Technology, a Chinese big data and artificial intelligence (AI) unicorn backed by Tencent and Temasek, announced on Friday the completion of $200 million in a Series E+ round of financing led by Russia-China Investment Fund (RCIF).
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Chinese AI Firm Mininglamp Raises US$200 Million Round


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Russian toy retailer Detsky Mir says Altus does not plan to bid for whole company


Anna Rzhevkina, Olga Popova
1 分钟阅读
Dec 10 (Reuters) - Detsky Mir said on Thursday Altus Capital, which launched a bid to buy a 29.9% stake in the Russian toy retailer last month, does not plan to buy the entire company.
Private equity firm Altus made its $464 million bid at the end of November at 160 roubles per share.
Detsky Mir said it had call with Altus representatives regarding the offer and Altus also said it did not have any agreements to acquire shares from third parties outside the scope of the offer.
Altus Capital was founded in 2014 by the partners of UFG Wealth Management as a separate firm. ....

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