
China Renaissance CEO Bao Fan Officially Stepped Down
Bao Fan, the CEO of China Renaissance, has stepped down from his position after a year of cooperating with an ongoing investigation and being out of the public eye.
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Bao Fan, the CEO of China Renaissance, has stepped down from his position after a year of cooperating with an ongoing investigation and being out of the public eye.
Hyperview, an autonomous driving startup in China, announced on November 28 that it had completed the B round of financing worth several hundred million yuan.
Deemos, a digital character technology company, has recently completed a pre-A round of financing, led by the Sequoia China Seed Fund and Miracle Plus.
Xiaohongshu, a Chinese lifestyle sharing platform, recently completed a new round of financing worth $500 million, led by Temasek and Tencent.
Tang En Technology, a commercial-use cleaning robot company, has recently completed tens of millions of yuan in an angel round and pre-A round of financing, with Country Garden Venture Capital serving as lead investor.
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million).
Biofabrication firm MicroCyto has announced its completion of angel investment totaling nearly 100 million yuan ($15.0 million). The leading investor was Matrix Partners.
Super Camel, an intelligent freight services platform, announced it has obtained nearly $10 million in pre-A round financing. The lead investor was BlueRun Ventures and the co-investor was Chuxin Capital.
Hongsong, an online interest community for middle-aged and elderly Chinese people, announced that it had recently obtained financing worth 100 million yuan.
Cross-border fashion e-commerce company SHEIN is now the most downloaded application in the United States, surpassing other powerhouses like TikTok, Instagram, Twitter, and even Amazon.
Clounix, an enterprise network service provider, announced on Wednesday that it had completed two rounds of financing totaling nearly 400 million yuan ($62.54 million) in just a few months.
Missfresh secures $27 million in new financing, with stock price surging over 100%.