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Dingdong Maicai files for IPO in the US By Zhang Jie | chinadaily.com.cn | Updated: 2021-06-09 13:11 Share An employee of online grocery platform Dingdong Maicai packs vegetables in Shanghai. [Photo/Xinhua] Chinas omnichannel grocery online retailer Dingdong Maicai has submitted its IPO prospectus to the United States Securities and Exchange Commission, with a stock code of "DDL", news portal Sina reported on Wednesday. According to the prospec...

51job Inc said on Tuesday it had received a revised takeover proposal valued at more than $5 billion from private equity firms DCP Services, Ocean Link Partners and the Chinese recruitment firm's co-founder and chief, Rick Yan.

In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending April 9. This week was punctuated by the Qingming Festival in China that closed businesses, but we still recorded 51 different investment deals closing in the past 5 days totaling an incredibly high US$3.4 billion. Investors such as DST Global, Tiger Global Management, General Atlantic, CMC Capital Partners, Capital Today, Sequoia Capital China, Ocean Link...

Hive Ventures invests in InfuseAI and 15 more deal updates from Greater China April 6, 2021 Taiwanese machine learning startup InfuseAI has secured a $4.3 million Series A round funding led by the iPhone manufacturer Wistron Corporation, per a company statement on Tuesday.  Taiwan-based, tech-driven global VC Hive Ventures partnering Taiwan Venture Capital Group and Silicon Valley Taiwan Investment also joined the current round. InfuseAI is gearing up to foray into the Japan market, followed b...

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Ocean Link, Sequoia Capital China offer to take HK-listed New Century Hotel private Photo: Paul Postema / Unsplash Premium A consortium led by buyout firms has offered to take Zhejiang New Century Hotel Management Co. private in a deal that would value the hotel chain operator at about HK$5.2 billion ($670 million). Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for...

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Investor enthusiasm for initial public offerings hit records in 2020, with the most listings in the U.S. since 1999. Euphoria about Airbnb’s debut as a public company in December may benefit other travel startups, such as Turo, Yanolja, Traveloka, Gett, Vacasa, Sonder, TripActions, Tujia, SiteMinder, and FlixMobility, which appear to be considering stock market debuts in...