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JD teams up with Sequoia China to raise $5.8b for state-owned Starquest Capital

China’s JD.com is teaming up with Sequoia China to raise up to RMB40 billion (US$5.81 billion) for a state-owned fund that invests in China’s long-term and strategic tech areas.

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  • China Literature saw its share price drop 17% after announcing its intention to buy the TV and film entertainment company.

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    China Literature to acquire production house New Classics Media for $2.25b

    1 min read

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