Page 14 - Source Code Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Texas County commits $30 million to third China-focused venture fund Print The $35.7 billion Texas County & District Retirement System, Austin, committed $30 million to a China-focused venture capital fund, a transaction report showed. The allocation from the system's $6.8 billion private equity/venture capital portfolio is to IDG Breyer Capital Fund, which is co-managed by existing manager IDG Capital and new manager Breyer Capital. TCDTRS earlier committed $80 million to two IDG China-focused funds, transaction reports showed. In March, the system committed $40 million to two China-focuse...

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...

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Stori raises $32.5M in a Lightspeed-led Series B to build Mexico’s credit card for the masses While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant method of payment, with an estimated 86% of all payments being in the form of cash. But card usage is growing as more people are shopping online than ever before. According to one recent study, Mexico topped the list of the world’s fastest growing e-commerce markets. Meanwhile, only 37% of Mexicans ov...

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