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The Hong Kong-based company raised US$1.3 billion as part of the first two tranches of its series F funding round led by Hillhouse Capital, the report said, citing local media outlet 36Kr. The logistics firm is also reportedly looking to raise another US$200 million to close out the round.
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MioTech announced that HSBC has invested in the company in an additional financing round to its Series B, further expanding the company’s stellar investor base which already includes ZhenFund, Horizons Ventures, Moody’s and TOM Group.
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TIG Advisors, the New York-based alpha-focused manager which makes growth equity investments in alternative asset management firms, has bought a minority stake in Hong Kong-based credit and distressed situations specialist Arkkan Capital.
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A spokeswoman for the company said that Ori Capital has already reached the first close of the fund, gaining US$112 million in support. The final completion is expected to be announced at the end of 2021, she added.
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Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.
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Hong Kong Stock Exchange-listed BC Technology Group, the parent company of regulated crypto platform OSL, has raised HKD697 million (approximately $90 million) in the form of a top-up share placement.
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December 22, 2020ShareShareShareShareShareNathan Road, 1992.Matthew BrookerIt rained for much of April 1992 in Hong Kong. Outside the shabby guesthouses of Nathan Road, the neon-lit artery that bisects Kowloon, the muggy spring air hung in a permanent haze.
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香港無線科技商會(HKWTIA) 公布「2020資訊科技初創企業獎」( 2020 ICT Startup Award ) 的獲獎結果，分別從云云眾多的參賽單位中甄選出最終三個獎項類別的金、銀、銅獎項﹑優異證書以及榮譽大獎。今年各參賽單位的作品質素優良，
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Around the world, 85% of companies agree that they have an urgent need for artificial intelligence while 90% say they have an AI strategy in place already, according to Humans of AI: Innovations and Hiring Trends in APAC, a report by recruitment consultancy company Michael Page.
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Today, Impossible Foods launched a new initiative to support Hong Kong’s restaurant industry that allows restaurants to resell their inventory of Impossible Burger directly to their customers.
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Hong Kong-based fintech Neat has raised US$4 million as a Series A extension round, according to a press statement released by the company today.
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阿里巴巴香港創業者基金正式啟動年度旗艦活動JUMPSTARTER 2021環球創業比賽。上一屆JUMPSTARTER衝出香港，締造佳績；今年JUMPSTARTER 2021未有因為疫情而放慢步伐，且再接再厲面向全球，以線上的方式打破地域的限制。JUMPSTARTER 2021將
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