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MRStage, a Chinese online virtual activity services provider, has recently completed round-A financing worth around 100 million yuan ($13.7 million) from Chinese tech giant Alibaba, which also became its shareholder on October 26.
The number of mobile monthly active users decreased from 50.2 million in the same period last year to 45.3 million, and the average number of paying users also decreased from 4.5 million to 3.4 million.
Semi Tech announced on Wednesday that it has recently completed A++ and B rounds of financing with a total amount of 540 million yuan ($80.6 million).
On October 31st, the trial of Lin Qi, the founder of YOOZOO Interactive, who was poisoned to death, began.
Mooma AI Technology, a Shanghai-based industrial robotics startup, announced Thursday the completion of a pre-A round of financing worth tens of millions of yuan, following exclusive investment from Vitalbridge.
Keyfunc, which provides enterprises with a digital performance planning and analysis platform, announced on Thursday that it has completed A-round financing totaling nearly 100 million yuan ($15.8 million).
Vegetable protein beverage brand oatoat has completed a Pre-A round of financing worth tens of millions of yuan, exclusively invested by IMO Ventures, according to 36Kr.
This week: Shanghai pledges support for NFT trading platforms, Animoca Brands raises another $75 million amid crypto market crash, Tencent shuts down NFT platform to comply with government rules, and more.
Chinese online video platform iQIYI announced on March 4 that the company has entered into subscription agreements with Baidu and a consortium of financial investors.
Autonomous driving technology company WeRide has recently obtained more than $400 million in a new round of financing, and its valuation after the investment totals $4.4 billion.
Recently, NETA Auto, a Chinese new energy vehicle company, completed a D3 round of financing worth several hundred million yuan, led by Dayone Capital.
Qingtian Truck Technology, an automated driving truck company, recently announced the completion of an angel round financing worth nearly $10 million.