Unicorns

Meituan Dache’s Shanghai Market Share Reaches One-Third in First Week of Operation, CEO Says

Meituan Dache’s Shanghai Market Share Reaches One-Third in First Week of Operation, CEO Says

Meituan Dache, the newest player in China’s ride-hailing sector, has accrued one-third of total market share in Shanghai since launching…

Mar 26, 2018
Jiang Xuan & Zhao Chenting
Ant Financial Services’ USD75 Billion Value Tops Sci-Tech Ministry’s Unicorn List

Ant Financial Services’ USD75 Billion Value Tops Sci-Tech Ministry’s Unicorn List

China’s science and technology ministry held a press conference in Beijing today to officially issue its 2017 China Unicorn Enterprise…

Mar 24, 2018
Xu Wei
China Has 164 Unicorns, Sci-Tech Ministry Reports

China Has 164 Unicorns, Sci-Tech Ministry Reports

China Has 164 Unicorns, Sci-Tech Ministry Reports. v

Mar 24, 2018
Tang Shihua
Suning Plans to Cultivate Over 20 FMCG Unicorns in Next Three Years

Suning Plans to Cultivate Over 20 FMCG Unicorns in Next Three Years

E-commerce colossus Suning.Com Co. announced its decision today to establish a fast-moving consumer goods (FMCG) business division and plans to…

Mar 21, 2018
Dou Shicong
Ofo Officially Rolls Out Bicycles in Kazakhstan

Ofo Officially Rolls Out Bicycles in Kazakhstan

Chinese bike-sharing giant Beijing Bikelock Technology Co., better known as Ofo, continues its global push with the official rollout of operations in Kazakhstan.

Mar 21, 2018
Xu Wei
Ride-Hailing Leader Didi Invests in Yestock Car Rental to Meet Increasing Demand

Ride-Hailing Leader Didi Invests in Yestock Car Rental to Meet Increasing Demand

China’s leading ride-hailing firm Didi Chuxing has become a major shareholder in Shenzhen Yestock Car Rental Co. through share subscription,…

Mar 19, 2018
Xu Wei
OPPO and SenseTime Jointly Build an AR Developer Platform

OPPO and SenseTime Jointly Build an AR Developer Platform

Chinese handset maker Guangdong OPPO Mobile Telecommunications Corp will collaborate with artificial intelligence startup SenseTime Group Ltd. to set up an…

Mar 19, 2018
Dou Shicong
Bilibili Raises IPO Target to Between USD441 Million and USD525 Million

Bilibili Raises IPO Target to Between USD441 Million and USD525 Million

Bilibili Raises IPO Target to Between USD441 Million and USD525 Million

Mar 19, 2018
Dou Shicong
Didi to Raise USD1.6 Billion to Drive Launch of Takeout Business

Didi to Raise USD1.6 Billion to Drive Launch of Takeout Business

The operator of leading Chinese ride-hailing platform, Didi Chuxing, aims to raise CNY10 billion (USD 1.6 billion) through the issuance…

Mar 19, 2018
Dou Shicong
Mobike to Pedal Into St. Petersburg Amid Global Expansion

Mobike to Pedal Into St. Petersburg Amid Global Expansion

The government of St. Petersburg, Russia, is currently in talks with Beijing Mobike Technology Co. to discuss bringing the bike-sharing unicorn to the port city.

Mar 16, 2018
Xu Wei
Ofo Primed for Even More Funding Following Recent USD866 Million Round, Founder Says

Ofo Primed for Even More Funding Following Recent USD866 Million Round, Founder Says

Chinese bike-sharing giant Beijing Bikelock Technology Co., better known as Ofo, is preparing for even more funding soon following a…

Mar 15, 2018
Tang Shihua
China’s Internet Giant Sina Establishes Weibo eSports Club to Commercialize Fast-Developing Industry

China’s Internet Giant Sina Establishes Weibo eSports Club to Commercialize Fast-Developing Industry

China’s internet heavyweight Sina Corporation will setup an eSports club as part of its popular microblogging service Weibo in a…

Mar 15, 2018
Dou Shicong

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