Tempus Global will make a private offering of up to 70 million shares to raise up to RMB1.598 billion from five specified buyers.
Car touring startup Zijiacn announced it received a RMB5 million angel investment adding to the RMB2 million seed investment it received previously.
China Eastern is approved to commence inflight internet service on 21 of its wide-bodied aircraft, the largest-scale inflight internet service among Chinese carriers.
Shanghai-based apartment rental service QK365 announced it received a funding of RMB180 million (approx: US$29 million) in its Series B financing round.
Joyu Group has received a RMB500 million strategic investment from Jin Jiang International to help it establish the largest one-stop travel O2O group in China.
Juneyao Air share price quickly shot up 44.01% from the issue price of RMB11.18 to the maximum limit of RMB16.10 on the first day of trading.
CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.
One of China’s most popular microblogs Sina Weibo is investing US$142 million for an as yet undisclosed equity share in Didi-Kuaidi on May 27.
