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Startups

AcFun Resumes Running After 11-Day Hiatus

AcFun Resumes Running After 11-Day Hiatus

China’s popular video website AcFun restarted operations yesterday after its website and app shut down for 11 days, but it…

Feb 13, 2018
Dou Shicong
Staffless Convenience Chain 17 Shandian Gets A-Round Funding

Staffless Convenience Chain 17 Shandian Gets A-Round Funding

Staffless convenience store brand 17 Shandian has secured A-round financing from Liangjiang Venture Capital and will use the proceeds to…

Feb 13, 2018
Tang Shihua
Kr-Vision Closes Pre-A Funding to Enhance Its Talking Eyeglasses

Kr-Vision Closes Pre-A Funding to Enhance Its Talking Eyeglasses

Hangzhou Kr-Vision Technology Co. has closed its pre-A funding to the tune of millions of dollars as it looks to bring in talent and develop the second generation of its talking eyeglasses.

Feb 13, 2018
Tang Shihua
Over 25% of China’s Bike-Sharers Exited Market in 2017, Transport Ministry Says

Over 25% of China’s Bike-Sharers Exited Market in 2017, Transport Ministry Says

More than one-quarter of China’s bike-sharing firms went bankrupt or ceased operations last year as the previously rapid-growing sector reached…

Feb 12, 2018
Zhang Ke
Tencent Aims to Tap Mobile Gaming With Investment in Network Accelerator

Tencent Aims to Tap Mobile Gaming With Investment in Network Accelerator

Chinese internet behemoth Tencent Holding Ltd. will invest CNY5 million (USD795,900) through its O2O entrepreneurship platform in a unit…

Feb 8, 2018
Dou Shicong
GEC Academy Nets Tens of Millions in Pre-Series-A

GEC Academy Nets Tens of Millions in Pre-Series-A

The online project-based education developer GEC Academy, whose business is to introduce top teachers from the US into China, has…

Feb 8, 2018
Tang Shihua
Shanghai EOI Tech Completes Multimillion Dollar Fundraising to Promote Sherlock AIOps

Shanghai EOI Tech Completes Multimillion Dollar Fundraising to Promote Sherlock AIOps

Big Data-based IT operating service supplier Shanghai EOI Tech Co. completed a multimillion-dollar pre-A round of financing. It will use…

Feb 8, 2018
Tang Shihua
Firm Behind Ivybaby Closes C+ Funding to Expand in Child Healthcare

Firm Behind Ivybaby Closes C+ Funding to Expand in Child Healthcare

Dr. Cuiyutao Healthcare Co., which operates Chinese childcare application Ivybaby, has bagged tens of millions of dollars in its C+…

Feb 6, 2018
Tang Shihua
Smart Home Solutions Provider BroadLink Closes USD55 Million Series-D

Smart Home Solutions Provider BroadLink Closes USD55 Million Series-D

Hangzhou BroadLink Electronic Technology Co., a smart home solutions provider, announced the completion of its Series-D financing of CNY343 million…

Feb 6, 2018
Tang Shihua
DeepBlue Closes USD16 Million A-Round to Bolster Retail AI

DeepBlue Closes USD16 Million A-Round to Bolster Retail AI

Artificial intelligence service provider DeepBlue Technology Shanghai Co. has closed its CNY100-million (USD16 million) A-round funding as it looks to…

Feb 5, 2018
Tang Shihua
Shenzhen General Lottery Technology Supplies Software for Nigerian Lottery

Shenzhen General Lottery Technology Supplies Software for Nigerian Lottery

Shenzhen General Lottery Technology Co. (SGLT) will provide software development and operating maintenance to another lottery company so that it can in turn supply such services in Nigeria.

Feb 3, 2018
Tang Shihua
Jike Claims Infringement Against Lizhi

Jike Claims Infringement Against Lizhi

Jike, an app run by Shanghai Ruoyou Network Technology Co., Ltd. accused Internet giant Tencent Holdings Ltd.’s new app Lizhi of infringement, whereupon Tencent withdrew it.

Feb 2, 2018
Dou Shicong

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