Unicorns

Iflytek Sets Up USD154 Million Fund to Support AI Development

Iflytek Sets Up USD154 Million Fund to Support AI Development

Iflytek Co. [SHE:002230], China’s leading intelligent language company, is offering up CNY1.02 billion (USD154.3 million) to improve developer teams for…

Oct 25, 2017
Dou Shicong
Ofo Enters Israel, Rolls Out Its Services at Bar-Ilan University

Ofo Enters Israel, Rolls Out Its Services at Bar-Ilan University

Bicycle-sharing firm Beijing Bikelock Technology Co. (Ofo) has entered Israel, introducing its green short-trip commuting service to the Bar-Ilan University in Tel Aviv.

Oct 24, 2017
Zhang Xia
Bike-Sharer Mobike Adds Shouqi Limousine & Chauffeur Car-Hailing Service to Mobile App

Bike-Sharer Mobike Adds Shouqi Limousine & Chauffeur Car-Hailing Service to Mobile App

Chinese bike-sharing operator Beijing Mobike Technology Co. has integrated state-backed Shouqi Limousine & Chauffeur Beijing Ltd.’s car-hailing services into its…

Oct 23, 2017
Qiu Zhili
China’s Bike-Sharing Ofo Rides Into the Czech Capital

China’s Bike-Sharing Ofo Rides Into the Czech Capital

China’s bike-sharing Ofo began operating in Prague, the capital of the Czech Republic yesterday, and immediately won the hearts of locals, the official Xinhua News Agency reported.

Oct 17, 2017
Tang Shihua
Tongdun Technology Becomes Unicorn Startup After Bagging USD72.8 Million in C-Round Funding

Tongdun Technology Becomes Unicorn Startup After Bagging USD72.8 Million in C-Round Funding

Tongdun Technology Co., a risk management and data analysis and application company, has secured USD72.8 million in C-round financing to enhance its integrated services and product innovation.

Oct 10, 2017
Zhang Xia
KuangChi Science, Huayu Group Embark on Strategic Aerospace Equipment Partnership

KuangChi Science, Huayu Group Embark on Strategic Aerospace Equipment Partnership

KuangChi Science Ltd. [HK:0439], a subsidiary of Shenzhen, Guangdong province-based metamaterial producer KuangChi Group, has entered into a strategic partnership…

Oct 1, 2017
Dou Shicong
Mobike to Expand UK Presence to Newcastle With Initial Batch of 1,000 Bikes

Mobike to Expand UK Presence to Newcastle With Initial Batch of 1,000 Bikes

Beijing Mobike Technology Co., which operates bike-sharing giant Mobike, will expand its operations in the UK to the northeastern city…

Sep 26, 2017
Zhang Xia
Four Chinese Groups Rank Among World’s Top 10 Unicorns, CB Insights Says

Four Chinese Groups Rank Among World’s Top 10 Unicorns, CB Insights Says

Xiaomi Inc., Lu.com (Shanghai Lujiazui International Financial Asset Exchange Co.’s lending site), Didi Chuxing and China Internet Plus Holding are…

Sep 26, 2017
Tang Shihua
Australian Military Ends Suspension of DJI Drones After Completing Risk Assessment

Australian Military Ends Suspension of DJI Drones After Completing Risk Assessment

The Australian Department of Defense has lifted its suspension on the use of unmanned aerial vehicles produced by China’s Da-Jiang…

Sep 25, 2017
Zhang Xia
Washington, DC Welcomes Mobike

Washington, DC Welcomes Mobike

Beijing Mobike Technology Co. said today that it has entered Washington, DC to expand its presence to the North American…

Sep 20, 2017
Liao Shumin
Iflytek Signs Strategic Cooperation Agreements With Guangzhou Pharmaceutical, Local Government

Iflytek Signs Strategic Cooperation Agreements With Guangzhou Pharmaceutical, Local Government

The Guangdong government has reached a strategic cooperation with speech recognition technology firm Iflytek Co. [SHE:002230] to jointly promote the construction of intelligent Guangdong.

Sep 19, 2017
Dou Shicong
Meituan-Dianping Forces Meal Delivery Drivers to Take Traffic Safety Exam Every Two Months

Meituan-Dianping Forces Meal Delivery Drivers to Take Traffic Safety Exam Every Two Months

Due to rising concerns about frequent traffic accidents, Meituan-Dianping, the world’s largest meal delivery platform, has introduced three new sections…

Sep 19, 2017
Tang Shihua

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