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Announced

Completed

Alibaba Group led a $464m series B funding round in Banma Information Technology.

Synopsis

Alibaba Group, a Chinese multinational technology company, led a $464m series B funding round in Banma Information Technology, an internet car total solutions provider, with participation from SAIC Motor, CMG-SDIC Capital Management and Yunfeng Capital.

Principals

Banma Information Technology

target

Banma Information Technology

Yunfeng Capital

bidder

Yunfeng Capital

Show Details & Financials

Market Context

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Yu Feng

Yu Feng

InvestorChairman at YUNFENG CAPITAL
Deal Bio
Total Deals
7/
Total Value
£6,160M
Daniel Zhang

Daniel Zhang

ManagerChairman and CEO at ALIBABA GROUP HOLDING LIMITED
Deal Bio
Total Deals
55/
Total Value
£39,924M
Chen Hong

Chen Hong

ManagerChairman at SAIC MOTOR CORPORATION LIMITED
Deal Bio
Total Deals
7/
Total Value
£3,802M
Alex Shi

Alex Shi

ManagerFounder and CEO at BANMA INFORMATION TECHNOLOGY
Deal Bio
Total Deals
1/
Total Value
£413M

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