Startups

Qingteng Cloud Security’s Series B Snares USD32 Million

Qingteng Cloud Security’s Series B Snares USD32 Million

Qingteng Cloud Security, a Chinese security service startup, has completed its Series B financing, raising CNY200 million (USD32 million) and…

Feb 26, 2018
Tang Shihua
China’s E-Renter Danke Apartment Nabs USD100 Million in Round B

China’s E-Renter Danke Apartment Nabs USD100 Million in Round B

Danke Apartment has raised USD100 million in round B financing which it will use to expand its business, construct apartments,…

Feb 26, 2018
Tang Shihua
Terry Gou Test Drives Xpeng Motors’ G3, Its First Mass-Market Electric Car

Terry Gou Test Drives Xpeng Motors’ G3, Its First Mass-Market Electric Car

Terry Gou, chairman of Taiwanese electronics titan Hon Hai Precision Industry Co. (Foxconn), visited the offices of new-energy vehicle startup…

Feb 26, 2018
Dou Shicong
Electric Car-Sharer Mango to Share Nets Tens of Millions in Pre-A Round

Electric Car-Sharer Mango to Share Nets Tens of Millions in Pre-A Round

Mango to Share, a new energy vehicle (NEV) electric car-sharing brand, recently announced the completion of its pre-A round financing,…

Feb 23, 2018
Tang Shihua
AcFun Resumes Running After 11-Day Hiatus

AcFun Resumes Running After 11-Day Hiatus

China’s popular video website AcFun restarted operations yesterday after its website and app shut down for 11 days, but it…

Feb 13, 2018
Dou Shicong
Staffless Convenience Chain 17 Shandian Gets A-Round Funding

Staffless Convenience Chain 17 Shandian Gets A-Round Funding

Staffless convenience store brand 17 Shandian has secured A-round financing from Liangjiang Venture Capital and will use the proceeds to…

Feb 13, 2018
Tang Shihua
Kr-Vision Closes Pre-A Funding to Enhance Its Talking Eyeglasses

Kr-Vision Closes Pre-A Funding to Enhance Its Talking Eyeglasses

Hangzhou Kr-Vision Technology Co. has closed its pre-A funding to the tune of millions of dollars as it looks to bring in talent and develop the second generation of its talking eyeglasses.

Feb 13, 2018
Tang Shihua
Over 25% of China’s Bike-Sharers Exited Market in 2017, Transport Ministry Says

Over 25% of China’s Bike-Sharers Exited Market in 2017, Transport Ministry Says

More than one-quarter of China’s bike-sharing firms went bankrupt or ceased operations last year as the previously rapid-growing sector reached…

Feb 12, 2018
Zhang Ke
Tencent Aims to Tap Mobile Gaming With Investment in Network Accelerator

Tencent Aims to Tap Mobile Gaming With Investment in Network Accelerator

Chinese internet behemoth Tencent Holding Ltd. will invest CNY5 million (USD795,900) through its O2O entrepreneurship platform in a unit…

Feb 8, 2018
Dou Shicong
GEC Academy Nets Tens of Millions in Pre-Series-A

GEC Academy Nets Tens of Millions in Pre-Series-A

The online project-based education developer GEC Academy, whose business is to introduce top teachers from the US into China, has…

Feb 8, 2018
Tang Shihua
Shanghai EOI Tech Completes Multimillion Dollar Fundraising to Promote Sherlock AIOps

Shanghai EOI Tech Completes Multimillion Dollar Fundraising to Promote Sherlock AIOps

Big Data-based IT operating service supplier Shanghai EOI Tech Co. completed a multimillion-dollar pre-A round of financing. It will use…

Feb 8, 2018
Tang Shihua
Firm Behind Ivybaby Closes C+ Funding to Expand in Child Healthcare

Firm Behind Ivybaby Closes C+ Funding to Expand in Child Healthcare

Dr. Cuiyutao Healthcare Co., which operates Chinese childcare application Ivybaby, has bagged tens of millions of dollars in its C+…

Feb 6, 2018
Tang Shihua

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