The online video streaming platform, which is majority owned by Baidu, has priced its shares in the middle of its range and will have a $14.5bn market cap.
Author: Robert Lavine
Corporates help sink $60m into Singlera
Jointown Pharmaceutical Group and Lilly Asia Ventures were among the investors in the genetic sequencing technology developer’s series A+ round.
Qeebike completes series A journey
Existing investor Legend Capital returned for an eight-figure series A round that will fund the electric bicycle sharing service’s expansion.
Mydream+ reveals $48m in funding
A Giant Interactive fund took part in the Ocean Link-led round, which increased the co-working space provider’s overall funding to about $70m.
Surface IPO targets $75m
Novartis, Eli Lilly and Amgen-backed cancer immunotherapy developer Surface Oncology has filed for a $75m offering on Nasdaq.
Aslan aligns itself with $86m IPO
Biopharmaceuticals developer Aslan Pharmaceuticals, which counts AMT, Accuron and Tianda as backers, has filed to raise up to $86.3m in an initial public offering.
Oscar gets $165m funding award
Alphabet subsidiaries Capital G and Verily Life Sciences took part in a round that took Oscar’s total funding to $935m, valuing it at $3.2bn.
Adagene adds $50m in series C round
The WuXi PharmaTech-backed cancer treatment developer has received $50m in a round featuring another corporate investor, New World TMT.
Cathay Smart Energy Fund gets Total commitment
Total Energy Ventures will invest approximately $48m in the new energy fund as one of its three anchor partners, on the way to a $239m close.
Pivotal Software paves path to public markets
The Dell EMC spinout has filed for a $100m initial public offering that will also enable General Electric, Ford and Microsoft to exit.
SoftBank mulls billion-dollar Manbang investment
Tencent and Baidu-backed trucking services platform Manbang Group is seeking between $500m and $1bn at a valuation of about $5bn.
Blade takes off with $38m series B
The short-range air transport service has completed a round backed by its new strategic partner, Airbus Helicopters.
Nebenan welcomes new investors for series A
Deutsche Tele Medien, NWZ and PD Ventures all participated in a $19.9m round for the social media platform that was led by Burda Principal Investments.
SoYoung performs new fundraising procedure
The Tencent-backed online cosmetic surgery marketplace has added an undisclosed nine-figure renminbi sum to the $60m it raised in January.