2017-投资界电子周刊No0596-英文版_11页_1mb

报告摘要

PEdaily E-Magazine Issue No. 596 Summary

Core Content

The PEdaily E-Magazine Issue No. 596, published on September 27, 2013, is a weekly publication targeting PE/VC insiders, providing timely, accurate, and in-depth market reports. It covers a range of topics including investment and financing news, industry insights, data observations, personality profiles, and expert opinions. The magazine is hosted on pedaily.cn, which leverages over 10 years of research resources from the Zero2IPO Group to offer comprehensive data and analysis.

Main Points and Key Information

1. Fundraising Trends in August 2013

A total of 26 funds under Sino-foreign VC/PE firms raised capital in August 2013.
The newly added capital available for investment in China mainland was US$1.15B, a 63.7% decrease from the previous month and a 51.3% decrease from US$2.3B in the same period in 2012.
All funds raised in August were RMB funds, with 24 funds disclosing a total fundraising amount of US$1.15B, a 20.0% decrease from US$1.42B in July.

2. VC/PE Investment Highlights

Cardniu completed Round A+ financing of US$10M in August 2013, initiated by Sequoia Capital.
Sequoia Capital also invested in Feidee.com, with Cao Yi, Vice President of Sequoia Capital China, joining the company’s board.
Souche.com, an O2O transaction service provider in the second-hand car market, completed Series B fundraising of US$10M, led by Sequoia Capital. Co-investors included Morningside Ventures and Ferry Venture Capital.
The funds will be used to improve the business model, build brand and word-of-mouth, and achieve nationwide expansion.

3. IPO Plans and Strategic Investments

Montage Technology Group, a Chinese chip supplier, plans to go public on the NASDAQ Stock Market in the US, with a maximum fundraising of US$115M.
The company submitted its prospectus on April 8, 2013, and an S1 listing document to the SEC on September 23, 2013.
Deutsche Bank, Barclays Bank, and Stifel will act as underwriters for the IPO.

4. Strategic Investment by Renren Games

Renren Games completed a strategic investment in Flash Transfer in September 2013.
The investment is not large in scale, but it aims to help Flash Transfer expand its overseas market using Renren Games' overseas resources.

Forum and Contact Information

China Venture Capital & Private Equity Annual Forum 2013

The forum is an important event for PE/VC professionals.
Registration and media cooperation inquiries can be directed to:
- Cindy Dai (China): 8610 8458 0476-6107, cindydai@zero2ipo.com.cn
- Annie Gao (China): 8610 8458 0476-8726, anniegao@zero2ipo.com.cn
- Sally Song (China): 8610 8458 0476-8726, sallysong@zero2ipo.com.cn

Subscription Options

RSS Subscription: http://tag.pedaily.cn/rss/rss-s52.xml
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View More Weeklies: http://tag.pedaily.cn/weekly/

Feedback and Suggestions

Readers can provide feedback or suggestions by emailing pedaily@e-zero2ipo.com.cn.

Conclusion

This issue of PEdaily E-Magazine provides a comprehensive overview of the VC/PE landscape in China in September 2013, highlighting the decline in fundraising activity, key investment deals, and IPO plans. It serves as a valuable resource for investors, entrepreneurs, analysts, and legal professionals seeking to understand and engage with the Chinese PE/VC industry.