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Investment

Motor Maker Buys Into German Firm, Brings NEV Hydrogen Fueling to China

Motor Maker Buys Into German Firm, Brings NEV Hydrogen Fueling to China

Geely-Backed EV Ride-Hailing Firm Closes USD150 Million A-Round

Jan 17, 2018
Doyu Shicong
Top Ofo Shareholder Didi Snubs Alibaba’s Money, Nurtures Own Bike-Sharing Ambition

Top Ofo Shareholder Didi Snubs Alibaba’s Money, Nurtures Own Bike-Sharing Ambition

Didi Chuxing Technology Co., the largest shareholder in bike-sharing colossus Beijing Bikelock Technology Co. (Ofo), has rejected a proposal for…

Jan 17, 2018
Tang Shihua
Fosun Gets Into Staffless Retail With Lead Funding for Convenience Store BingoBox

Fosun Gets Into Staffless Retail With Lead Funding for Convenience Store BingoBox

Chinese conglomerate Fosun International Ltd. has made a move into the automated retail sector with a lead investment of USD80…

Jan 17, 2018
Tang Shihua
Investors Show Confidence in Self-Driving as Pony.ai Raises USD112 Mln in New Funding

Investors Show Confidence in Self-Driving as Pony.ai Raises USD112 Mln in New Funding

Pony.ai, an autonomous driving technology company, secured USD112 million in Series A funding yesterday.

Jan 16, 2018
Liao Shuming
Trusfort Raises Over USD18 Million in Its B2 Round

Trusfort Raises Over USD18 Million in Its B2 Round

Identity authentication service provider Beijing Trusfort Technology Co. closed its B2 round financing in December. YF Capital led the investor…

Jan 15, 2018
Xu Wei
China Lowers Threshold, State Shareholding Ratio in Civil Aviation Companies, Airports

China Lowers Threshold, State Shareholding Ratio in Civil Aviation Companies, Airports

The revised regulations on domestic investment in civil aviation Industry will come into effect on Jan 19.

Jan 15, 2018
Chen Shanshan
CRBC Wins USD340 Million Bid to Build Croatian Bridge

CRBC Wins USD340 Million Bid to Build Croatian Bridge

China Road & Bridge Corp. has won its almost HRK2.1-billion (USD338-million) bid to build a bridge crossing the Adriatic Sea.

Jan 15, 2018
Xu Wei
Visual China Teams Up With Sogou, Weibo Partner to Reach Larger Audience

Visual China Teams Up With Sogou, Weibo Partner to Reach Larger Audience

Visual China Culture Development Co. struck content deals with two leading Chinese internet firms today.

Jan 12, 2018
Dou Shicong
Online Sports Hub Hupu Scores USD95 Million Injection to Take On New IPs

Online Sports Hub Hupu Scores USD95 Million Injection to Take On New IPs

Chinese online sports portal Hupu has closed CNY618 million (USD95 million) in funding as it looks to research intellectual property and make more investments.

Jan 12, 2018
Tang Shihua
Third-Party Electronic Signature Platform Tsign Obtains Largest Investment in Sector

Third-Party Electronic Signature Platform Tsign Obtains Largest Investment in Sector

China’s largest third-party electronic signature platform Tsign.com secured CNY150 million (USD23 million) in series-B1 funding, it said yesterday. The financing…

Jan 11, 2018
Ying Yi
Chinese, French Firms to Build Intelligent Pension Community in Sichuan

Chinese, French Firms to Build Intelligent Pension Community in Sichuan

China United Network Communications Ltd., better known as China Unicom, one of the three major telecom operators in China, is…

Jan 11, 2018
Dou Shicong
Shaanxi J&R Optimum Energy Unit Wins USD170 Million Battery Order

Shaanxi J&R Optimum Energy Unit Wins USD170 Million Battery Order

Shenzhen-based OptimumNano Energy Co., a wholly-owned unit of Shaanxi J&R Optimum Energy Co. [SHE:300116], recently inked a sales contract with…

Jan 10, 2018
Liao Shumin

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