Investment

Medical Treatment AI Company Deepwise Technology Secures New Funds Via A+ Round of Financing

Medical Treatment AI Company Deepwise Technology Secures New Funds Via A+ Round of Financing

The medical treatment artificial intelligence (AI) company Deepwise Technology Co. completed its A+ round of financing, bringing the total A-round…

Nov 14, 2017
Zhang Xia
Musical.ly's Pre-C-Round Investors to Leave Company Following Toutiao’s USD1 Billion Takeover, Co-Founder Says

Musical.ly's Pre-C-Round Investors to Leave Company Following Toutiao’s USD1 Billion Takeover, Co-Founder Says

Following Chinese news aggregation giant Toutiao’s USD1 billion (CNY6.64 billion) acquisition of video social network app Musical.ly, all investors involved…

Nov 13, 2017
Qian Tongxin
Vehicle Inspection Platform Autobole Bags USD10 Million in B-Round Financing

Vehicle Inspection Platform Autobole Bags USD10 Million in B-Round Financing

Vehicle inspection service provider Autobole, operated by Shanghai Youyu Auto Technology Co. obtains USD10.6 million (CNY70 million) B-round financing led…

Nov 13, 2017
Zhang Xia
Smart Vending Machine Provider Gump Come Secures Billions in B-Round Financing

Smart Vending Machine Provider Gump Come Secures Billions in B-Round Financing

Guangzhou Gump Come Company Ltd. that conducts research, manufacture and operation of smart vending machines with artificial intelligence (AI) innovation,…

Nov 13, 2017
Zhang Xia
Maoyan Movie Confirms USD150 Million Funding From Tencent

Maoyan Movie Confirms USD150 Million Funding From Tencent

Beijing Maoyan Culture Media Co. has obtained CNY1 billion (USD150 million) in funding from Chinese internet giant Tencent Holdings Ltd.…

Nov 13, 2017
Zhang Xia
Chengdu Invests USD1.8 Billion to Build Sci-Fi Town, Looks to Become Cultural Hub in Western China

Chengdu Invests USD1.8 Billion to Build Sci-Fi Town, Looks to Become Cultural Hub in Western China

Sichuan Science and Technology Association will invest CNY12 billion (USD1.8 billion) in collaboration with strategic partners to set up a…

Nov 13, 2017
Zhang Xia
Fosun Pharmaceutical Subsidiary Plans to Buy 60% of Shenzhen Hengsheng Hospital’s Equity

Fosun Pharmaceutical Subsidiary Plans to Buy 60% of Shenzhen Hengsheng Hospital’s Equity

Shanghai Fosun Pharmaceutical (Group) Co. [SHA:600196; HK:2196] said yesterday that its holding subsidiary plans to acquire 60 percent of Shenzhen…

Nov 13, 2017
Zhang Xia
Beijing Sanlian Hope to Buy 80% Stake in Swiss Engineering Firm Polymetrix

Beijing Sanlian Hope to Buy 80% Stake in Swiss Engineering Firm Polymetrix

Fiber engineering company Beijing Sanlian Hope Shin-Gosen Technical Service Co. [SHE:300384] plans to use its subsidiary Sanlian Material Science Sarl…

Nov 13, 2017
Tang Shihua
Chinese AI Firm Malong Bags USD33 Million in B-Round, Plans to Enhance Goods Recognition Platform

Chinese AI Firm Malong Bags USD33 Million in B-Round, Plans to Enhance Goods Recognition Platform

Artificial intelligence firm Malong Technologies has obtained CNY220 million (USD33.13 million) in B-round funding from SoftBank China Capital, online media outlet 36Kr reported today.

Nov 10, 2017
Zhang Xia
Fosun Sells Its UK Property in London to Return to Domestic Investment

Fosun Sells Its UK Property in London to Return to Domestic Investment

Fosun International Ltd. [HKG:0656], also known as Fosun Group, successfully resold Lloyds Chambers Tower in the City of London, the…

Nov 10, 2017
Liao Shumin
Toutiao Pushes Short Video Business Globalization With USD1 Billion Musical.ly Takeover

Toutiao Pushes Short Video Business Globalization With USD1 Billion Musical.ly Takeover

Chinese news aggregator Toutiao run by Beijing ByteDance Technology Co. has acquired video social network app ‘Musical.ly’ for nearly USD1…

Nov 10, 2017
Zhang Xia
Awareness of Soft Power Competition Among Chinese Firms Investing Abroad Has Been on the Rise, Report Says

Awareness of Soft Power Competition Among Chinese Firms Investing Abroad Has Been on the Rise, Report Says

Awareness of soft power competition among Chinese enterprises investing abroad has been on the rise, China News Service reported, citing…

Nov 10, 2017
Xu Wei

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