XPENG announced the start of its B round financing of 2.2 billion yuan in Hong Kong on January 29. The financing was led by Alibaba, Foxconn and IDG. XPENG will raise more than 5 billion yuan from the capital market.
CategoryStartups
The founder of VIPKID, Mi Wenjuan has a mixed disposition that fuses the elite with the underworld.
Luo Yonghao released shocking news at the IF 2018 Geekpark Innovation Conference: he plans to hold a product release ceremony in the Bird's Nest Stadium in Beijing on May 15. More than 10,000 people were invited to see the launch of a revolutionary product that will change the next eight to ten years.
Two major bike-sharing companies, Mobike and ofo, have announced plans to share their big data.
Douyu held its 2017 Awarding Ceremony in Shanghai yesterday. Chief operating officer Cheng Chao confirmed Douyu is preparing for an IPO in an interview.
OnePlus CEO Peter Lau said OnePlus is ready to negotiate with US operators this year on mobile phone sales.
PitchBook, a global data research institution based in the Silicon Valley, names its Unicorn Class of 2017. In 2017, 57 start-ups were valued at more than $1 billion, and their total value was as high as $116 billion. Eighteen Chinese enterprises were on the list, and 10 were among the top 20.
Bilibili is rumored to be going public in the US in the first quarter of 2018, valued at $3 billion to $3.5 billion. Bilibili declined to comment.
XPeng Motor released its first mass-produced model, the G3, at CES on January 9. The G3 is scheduled to go on sale in the spring of 2018, at which time the company will announce specific configurations and prices.
The OnePlus 5T sandstone white limited edition launched today. The OnePlus 5T sandstone white edition combines the smooth tactile feel of the Baby Skin white and the ground texture of sandstone black. It uses a white metal color, which is rare in the handset market.
Ucommune announced it has fully acquired Hontai in what is the largest acquisition the office sharing industry. Ucommune is valued at nearly 9 billion yuan.
Mobike held the opening ceremony for its car sharing business in Guian District, Guizhou province on December 29.
Missfresh partner Xiao-hui Xu announced at the Third A20 New Agricultural Festival on December 24 that Missfresh would complete a new round of financing next week. The capital obtained will be used for unmanned convenience sales.
2017 has seen the rise and fall of numerous new technologies and business models, stunning and mediocre products, and the rise and collapse of tech giants. At the end of the year, Tencent launched into the Top 10 companies in technology industry.
OnePlus and Disney released their cross-border product, a Star Wars branded version of the OnePlus 5T, in Mumbai, India on December 21. The phone, an 8 GB RAM and 128 GB ROM version, is priced 38,999 rupees (about 4,020 yuan).