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Category: News
Luxury brand Group Shopal completes Series B+ financing round of RMB 200 million
October 24, 2018 Shopal, a platform operating international luxury brands in China, has recently completed a Series B+ financing round of RMB 200 million led by fashion leader Youngor Group, with additional funds from Cathay Capital – which also invested in Shopal in October 2016. The Series B+ financing will support the continued rapid growth […]
Satellites Aid the Chase for Better Information on Oil Supplies
PARIS — In a wing of a massive former bank building here in the French capital, dozens of youthful women and men gather around computer screens. This collection of around 100 mathematicians, software engineers and petroleum analysts are bent on shaking up the opaque world of information on the world energy markets. […]
Announcing General Availability of Google Cloud Dataprep by Trifacta
Trifacta, the global leader in data preparation, today announced the general availability of Google Cloud Dataprep by Trifacta, an embedded version of the Trifacta data preparation technology within Google Cloud Platform. […]
Kayrros Secures $24M in Series B Funding to Expand Energy Market Penetration
New funding deepens the company’s crude oil market intelligence and expands its coverage across other energy markets that include petroleum products, natural gas, and power generation PARIS, 18 September 2018 – Kayrros, the leading advanced data analytics firm, today announced that it has raised €21 million ($24.4 million) in Series B funding led by Cathay Innovation […]
Kayrros Secures $24M in Series B Funding to Expand Energy Market Penetration
September 18, 2018 New funding deepens the company’s crude oil market intelligence and expands its coverage across other energy markets that include petroleum products, natural gas, and power generation PARIS, 18 September 2018 – Kayrros, the leading advanced data analytics firm, today announced that it has raised €21 million ($24.4 million) in Series B funding led […]
Website builder Strikingly raises $10M Series A+ to continue growth in China
Almost exactly one year after announcing its Series A, website building platform Strikingly said today that it has raised a $10 million Series A+. The new round was led by Cathay Capital, with participation from CAS Holding, the lead investor in Strikingly’s Series A. This brings Strikingly’s total funding so far to $17.5 million. […]
Cathay Innovation invests in website and mini-program editor SXL
Cathay Innovation today announces it led the series A+ funding round of website and mini-program editor SXL, with participation from Cash Capital. As the first Chinese start up incubated by Y Combinator, SXL has launched a simple, intuitive and easy-to-use website and mini-program editor as well as other web products and services. Following this round […]
Pinduoduo stock soars in debut as IPO fever rolls on
Chinese Internet names continued their IPO hot streak on Thursday, after shopping app Pinduoduo Inc. made its public debut. Shares of Pinduoduo PDD, +0.63% rose 40% in their first day of trading and were up another 4% premarket Friday. The company raised $1.6 billion through its initial public offering, during the second-busiest week for IPOs this year. […]
Official listing on Nasdaq of Cathay Innovation’s portfolio company Pinduoduo for a market value of USD 24b
On July 26, 2018, Pinduoduo rang the opening bell simultaneously in Shanghai and New York, and was officially listed on the Nasdaq stock exchange, with a share price of USD 19 and a market value of USD 24bn. For the first time in history, the Nasdaq sent the beating bell button to Shanghai to welcome […]