2017-投资界电子周刊No0599-英文版_11页_1mb

PEdaily E-Magazine Issue No. 599 Summary

Preface

• Overview: PEdaily E-Magazine is a weekly publication for professionals in the private equity (PE) and venture capital (VC) sectors. It was previously known as Zero2ipo e-Weekly, which was first published in 2006.
• Content Focus: The magazine covers weekly investment and financing news, important industry updates, data observations, personality profiles, and expert insights.
• Platform: Pedaily.cn is a professional platform that provides timely, accurate, and in-depth market reports, leveraging over 10 years of research resources from the Zero2IPO Group.
• Audience: The magazine is open to all stakeholders in the PE/VC industry, including investors, entrepreneurs, analysts, and lawyers, and invites them to share their perspectives and witness the growth of China’s PE/VC market.

Core Content

M&As Hit a New High in Q3

• Market Activity: In Q3 2013, China's M&A market completed 330 deals, marking a $32.5%$ year-on-year increase and a $63.4%$ quarter-on-quarter increase.
• Deal Value: The total disclosed value of M&A deals reached $18.05B, a $164.1%$ year-on-year increase and a $98.7%$ quarter-on-quarter increase.
• Deal Breakdown:
  • Domestic M&As: 302 deals with a total value of $9.17B.
  • Outbound M&As: 20 deals with a total value of $8.38B.
  • Inbound M&As: 8 deals with a total value of $498.94M.

Hot News Highlights

1. Roseonly Completes Series B Financing

   • Roseonly, a high-end flower e-business operator, secured about $10M in Series B financing from Tencent.
   • The company is recognized as the "No.1 brand of China’s high-end flower providers" due to its unique business model.

2. It's Rumored Alibaba Buys Mogujie with $200M

   • According to a verified Sina Weibo user, Alibaba is expected to acquire Mogujie, a social shopping service provider, for $200M.
   • This is a notable rumor in the PE/VC industry, indicating potential major investment activity.

3. Tiantu Capital Invests RMB100M in Comagic

   • Tiantu Capital’s consumer special fund IV invested RMB100M in Comagic, a children's cosmic furniture provider.
   • Zhu Yonghua, Vice President of Tiantu Capital, joined the Comagic board as a representative of investors.
   • This was Zhu Yonghua’s second investment in recent months.

4. It's Rumored that Baidu Buys Renren

   • There are rumors that Baidu will acquire Renren, but Renren’s profitable business line, Renren Game, is not included in the acquisition.
   • Renren has been declining since its IPO in May 2011, with continuous share price drops and financial losses attributed to slow ad revenue growth and heavy spending on group buying and mobile initiatives.

5. Sungy Mobile Submits IPO Prospectus

   • Sungy Mobile Limited, parent company of 3g.cn, submitted its IPO prospectus to the SEC on October 23, 2013.
   • Founded in March 2004, the company has 160 million registered users, a daily PV of 1.2 billion, and over 25 million active users per day.

Subscription Information

• RSS Subscription: http://tag.pedaily.cn/rss/rss-s52.xml
• Email Weekly Subscription: http://tag.pedaily.cn/email/subscription.aspx
• View More Weeklies: http://tag.pedaily.cn/weekly/
• Feedback Email: pedaily@e-zero2ipo.com.cn

Conclusion

• The magazine highlights the dynamic state of China's M&A and IPO markets in Q3 2013, with significant growth in both deal volume and value.
• It also features several key investment news items, including major rumored acquisitions and new funding rounds, providing valuable insights into the evolving landscape of the PE/VC industry.