Alibaba Co-founder Lucy Peng Steps Down from Ant Financial
Ant Financial Services Group announced today that Lucy Peng will be stepping down from her role as Executive Chairman of Ant Financial to focus on her new role....
Category: Startups
Showing 12 of 864 posts in this category
DiDi’s English Version for Expats Serves 2 Million Users in China
China’s ride-hailing behemoth Didi Chuxing announced on September 24 that its English language interface in China, DiDi English, has served more than 2 million users across 430 cities in China since its launch in 2017.
9/24/20192 min read
AI Server Provider Enginetech Completes Round-B Financing
AI server provider Enginetech announced on Monday that it has completed round-B financing totaling 100 million yuan ($14.92 million), with investors including SenseTime, Hanking Capital, Qigang Investment, and other institutions.
5/10/20222 min read
$70 Million Series B+ Round for Chinese Rental Platform Danke Apartment
Tiger Global Management has recently led Chinese long-term apartment leasing firm, Danke Apartment in a US$70 million series B+ funding round. This financing ro...
6/7/20182 min read
Xiaomi Invests in Automotive Acoustic Solutions Supplier
Recently, Shanghai-based automotive acoustic solutions supplier ZAFEN completed a round A+ financing led by Beijing Xiaomi Zhizao Equity Investment Fund Partnership, an industrial investment fund under Xiaomi.
3/15/20233 min read
Another Bike Sharing Company Bites the Dust. Founder: I Am Not Optimistic About Bike-Sharing
After Wukong Bikes’ bankruptcy just 8 days ago – June 8th 2017 – yet another bike-sharing company has gone bust. On June 21st, 3Vbike announced that it is goin...
Studio 51 Receives Nearly RMB 100 Million Led by Xiaomi
Studio 51, an intelligent technology company jointly driven by AI, game engine, and visual effect technology, received almost 100 million yuan ($15 million) in a financing round that was led by Xiaomi.
9/6/20212 min read
Cocos Bags $50M Round-B Financing With Investment From GGV Capital
Cocos, a digital interactive content development platform, has completed a B round of financing totaling $50 million, with investors including GGV Capital, CCB Trust and Agora.
4/11/20222 min read
ByteDance Invests in Cryo-EM and AI Biotech Startup Shuimu BioSciences
Beijing-based tech giant and TikTok owner ByteDance has recently ventured into the life sciences sector. Last October, the firm invested in biotech startup Shuimu BioSciences.
7/18/20222 min read
Chinese Autonomous Driving Firm Hong Jing Drive Receives $15M in Financing
Hong Jing Drive, an autonomous driving solutions provider based in China, announced on Monday that it had completed financing of over 100 million yuan ($15.77 million), featuring exclusive investment from Prosperity7.
2/22/20222 min read
iSpace Completes Rocket Launch, Adding Momentum to China's Emerging Private Space Sector
On Sept. 5, at 1 p.m. local time, China's commercial rocket startup iSpace launched a sub-orbital rocket into space from the Jiuquan Satellite Launch Center in ...
9/6/20182 min read
SaaS Company Jinghai Technology Funded by Matrix Partners and Sequoia China
Jinghai Technology, a SaaS solution provider in China, announced on Wednesday that it had completed an angel round financing worth tens of millions of yuan, led by Matrix Partners and Sequoia Capital China.
4/6/20222 min read