Indonesian courier startup J&T Express has secured US$2.5 billion from Boyu Capital, Hillhouse Capital Group and Sequoia Capital China, Reuters has reported. Chinese internet and gaming powerhouse Tencent and VC firm SIG China also joined. The round brings the unicorn’s valuation to US$20...
Tencent Holdings
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Chinese esports player VSPN closes $60M Series B+ round to boost its international strategy
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Esports “total solutions provider” VSPN (Versus Programming Network) has closed a $60 million Series B+ funding round, joined by Prospect Avenue Capital (PAC), Guotai Junan International and Nan Fung Group. VSPN facilitates esports competitions in China, which is a massive industry and has...