Qihoo 360, China’s largest internet security company, delisted from the New York Stock Exchange in June 2016 and announced a backdoor listing deal on November 6, 2017, with Shanghai-listed lift maker SJEC.
Google has invested about $77 million (RMB 500 million) into the Chinese game streaming platform Chushou TV. In January 2018, the company completed its series C round of $38 million (RMB 400 million) from AlphaX Partners, GGV Capital, Shunwei Capital, Qiming Venture Partners.
The "2018 Global Youth Entrepreneur Conference" co-organized by Bufan Business & Fanzhuo Capital was held in Beijing on November 14, where the list of outstanding investors under the age of 40 years old in 2018 was released.
360 Enterprise Security Group, the portfolio of Alphax Partners, announced that it had completed the pre-B round financing with the amount of RMB 1.25 billion. After that investment, its valuation reached RMB 18.75 billion.
AlphaX Partners is celebrating the first initial price offering (IPO) of a firm it invested in -- just two years since its founding. TuanChe Limited, a leading omni-channel automotive marketplace, has announced the pricing of its IPO of 2,600,000 American depositary shares (ADSs) at US$7.80 per ADS, on the Nasdaq Capital Market.
ALPHAX PARTNERS has launched the first dollar & RMB fund in 2018，which is the investor of many top performing enterprises，such as 360, Gaosi Education, 360 Enterprise Security, Tuniu.com, Tuanche.