Unicorns

Kingsoft Cloud Closes USD720 Million D-Round After Last-Minute Booster

Kingsoft Cloud Closes USD720 Million D-Round After Last-Minute Booster

Chinese online service provider Kingsoft Cloud Network Technology Co. has secured USD720 million in its D-round funding after a last-minute USD200-million injection.

Jan 30, 2018
Tang Shihua
Didi Chuxing Sets Up AI Labs to Develop Intelligent Transportation

Didi Chuxing Sets Up AI Labs to Develop Intelligent Transportation

China’s ride-hailing giant Didi Chuxing has opened an artificial intelligence lab in Beijing in a move to step up research…

Jan 27, 2018
Dou Shicong
Kuaishou Bags USD1 Billion Funding Round to Expand Video Empire Overseas

Kuaishou Bags USD1 Billion Funding Round to Expand Video Empire Overseas

Short video platform Kuaishou is on the brink of closing a USD1 billion funding deal to make waves abroad with backing from internet titan Tencent Holdings Ltd.

Jan 26, 2018
Dou Shicong
Ofo Rides Into Its 250th City: South Korea’s Busan

Ofo Rides Into Its 250th City: South Korea’s Busan

One of China’s top bike sharers Beijing Bikelock Technology Co (Ofo) is trialing its services in South Korea’s second largest city Busan.

Jan 26, 2018
Tang Shihua
Didi’s Own Bike Hire Brand Hits the Streets in Challenge to Didi-Backed Ofo

Didi’s Own Bike Hire Brand Hits the Streets in Challenge to Didi-Backed Ofo

Didi Chuxing, China’s top car-hailing service provider, debuted its much-anticipated bike-sharing brand in the southwestern city of Chengdu today,…

Jan 25, 2018
Xu Wei
Insiders Worry About Mobike’s Tech Issues After Users Report Widespread Bugs

Insiders Worry About Mobike’s Tech Issues After Users Report Widespread Bugs

Bike-sharing industry insiders are worried about issues with Beijing Mobike Technology Co.’s tech after users reported widespread problems with services, Securities Daily reported today.

Jan 22, 2018
Xu Wei
Shenzhen Authorities Oppose Didi’s Bluegogo Relaunch Due to Outstanding Deposits

Shenzhen Authorities Oppose Didi’s Bluegogo Relaunch Due to Outstanding Deposits

Authorities in Shenzhen in China’s southern Guangdong province have voiced opposition to the recent deployment of Bluegogo shared-bikes on China’s…

Jan 22, 2018
Dou Shicong
Didi Chuxing’s Shared E-Bikes Debut in Hangzhou

Didi Chuxing’s Shared E-Bikes Debut in Hangzhou

Not satisfied by the leading status in the online car-hailing market, Chinese sharing travel giant Beijing Xiaoju Keji Co., doing…

Jan 18, 2018
Tang Shihua
Tencent Backs Apartment Rental Platform Operator Ziroom in USD622 Million Round

Tencent Backs Apartment Rental Platform Operator Ziroom in USD622 Million Round

Ziroom, a Chinese apartment rental platform operator, pooled CNY4 billion (USD621.5 million) in A-round financing in a tranche led by Tencent Holdings Ltd., Sequoia Capital and Warburg Pincus.

Jan 17, 2018
Dou Shicong
Live Streaming Platform Douyu TV Confirms Plans to List But Doesn’t Reveal Where

Live Streaming Platform Douyu TV Confirms Plans to List But Doesn’t Reveal Where

Chinese online streaming platform Douyu TV has confirmed plans to go public but did not disclose its destination market. Speculation suggests it could list in Hong Kong this year.

Jan 15, 2018
Dou Shicong
GoPro Founder Would Be 'Thrilled' to Sell to Right Buyer

GoPro Founder Would Be 'Thrilled' to Sell to Right Buyer

Troubled action camera maker GoPro Inc. would be “thrilled" to sell to the right buyer to improve operations, Chief Executive and founder Nick Woodman said at CES 2018.

Jan 13, 2018
Qian Tongxin
News Aggregator Toutiao Denies Rumors It Spied on Users Via Cellphones

News Aggregator Toutiao Denies Rumors It Spied on Users Via Cellphones

Beijing Bytedance Technology Co.’s news aggregation app Toutiao has denied rumors that it spied on users through their cellphones…

Jan 12, 2018
Dou Shicong

Pages