True Capital

“Neolix, a Chinese robo-van maker, raised $400m in Series E funding. Boyu Capital led, joined by Alibaba, Monolith Management, Granite Asia Capital, Vertex and insiders Stone Venture and Trustar Capital.”

“Alibaba sold its gaming division Lingxi Games for over $2 billion”

“Retail-focused investor True Capital is backing a new company buying UK general merchandise group Argos for £120 million ($161 million) off Sainsbury's, which had bought the retailer for £1.4 billion a decade ago.”

“Retail-focused investor True Capital is backing a new company buying UK general merchandise group Argos for £120 million ($161 million) off Sainsbury's, which had bought the retailer for £1.4 billion a decade ago.”