SaaS Archives - Pandaily

SaaS Service Provider Mogulinker Secures C1 Round of Financing

Mogulinker, an AIoT SaaS service provider based on the industrial Internet, announced on September 2 that it had completed the C1 round of financing worth more than 100 million yuan ($14.5 million).

EasyYa Bags Round-B Financing Worth Several Hundred Million Yuan

EasyYa, a Chinese cross-border supply chain management services platform, announced on August 1 that it has completed a round B of financing worth several hundred million yuan.

DHgate Boosts Cross-Border Social Commerce With Rebranded SaaS Tool MyyShop

China's leading cross-border e-commerce company, DHgate, which operates a centralized marketplace, has announced the repositioning of MyyShop as a one-stop social commerce software-as-a-service (SaaS platform) in June.

IDG Capital Invests in Digital Information Management Platform Developer FlowUs

FlowUs, a one-stop digital information management SaaS software, announced on Tuesday that the company has obtained three consecutive rounds of financing worth tens of millions.

Megaview Secures Nearly $10M in Pre-A Financing, Glory Ventures the Lead Investor

Chinese AI SaaS provider Megaview has completed a pre-A round of financing. The lead investor was Glory Ventures, with additional participation from existing shareholder GGV Capital.

Inssent Bags Tens of Millions of Yuan in Series A+ Round of Financing From Poly Capital

Inssent, a Beijing-based SaaS provider, has completed a series A+ round of financing garnering tens of millions of yuan, led by Poly Capital and an industrial fund.

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.

PubLink Funded by Sequoia China and Tiger Global

The provider of digital transformation solutions, PubLink, announced on Wednesday that it had secured funding through A1 and A2 rounds of financing, with a total amount of 100 million yuan ($15.7 million).

China VC Weekly: Xiaomi’s Investment Spree

In last week’s VC news, Xiaomi completed at least two considerable investments in AI and robotic tech, smart projector upstart JMGO bagged $157 million in its latest funding round and more.

SaaS Firm ELS Technology Secures Over 100M Yuan in C2 Financing

Shenzhen ELS Technology Co., Ltd., a SaaS network platform based in China, announced on Thursday it has raised more than 100 million yuan ($15.8 million) in a C2 round of financing.

Plum Ventures Invests in Smart Retail Firm Jingpin Hi-Tech

Jingpin Hi-Tech, a smart retail firm specializing in Software as a Service (SaaS) systems, has recently completed an A round of financing worth tens of millions of yuan, featuring exclusive investment from Plum Ventures.

Cainiao Global Partners With Shoplazza to Launch Customized Logistics Services

Cainiao Global, a logistics company backed by Chinese tech giant Alibaba, reached a cooperation agreement on Wednesday with commerce platform Shoplazza.

Alibaba Reduces Stakes in SaaS Firm Keruyun

Alibaba-owned Keruyun, a SaaS (Software as a Service) platform for the catering, retail and beauty industries, will begin to operate independently and Alibaba will reduce its holdings in the firm.

Hecom Receives $35M in Investment From Sequoia China and Weilai Qichuang

Hecom (Beijing) Technology Co., Ltd. recently announced it has secured 225 million yuan ($35.4 million) from Sequoia China and Weilai Qichuang.

Financial SaaS Service Platform Beta Data Secures B+ Round Financing

On Thursday, Beta Data, a SaaS service platform for financial institutions, announced the completion of a round B+ of financing.

E-Commerce SaaS Platform Shoplazza Completes C1 Financing of $150 Million

Shoplazza, a global e-commerce online store SaaS platform, announced the closing of its $150 million Series C1 financing.

China Youzan Carries Out Mass Layoffs, VP Leaves

SaaS service provider China Youzan has launched its first round of layoffs this month. The first employees to be cut are product and technology R&D staff.

Supply Chain SaaS Provider LinkMore Completes $30 Million A+ Round of Financing

LinkMore, a clothing supply chain SaaS (Software as a Service) provider, on Tuesday completed an A+ round of strategic financing worth $30 million.

Manjitech Secures Nearly 100 Million Yuan in A-Round Financing, Yunqi Partners a Leading Investor

Shanghai Manjitech Information Technology Co., Ltd., a SaaS provider for medical education and training, completed A-round financing totaling nearly 100 million yuan ($15.68 million).

Douyin E-Commerce’s Leading Supply Chain SaaS Provider Redu Xingxuan Closes A+ Financing of $15.69 Million

Redu Xingxuan, a leading SaaS provider for Douyin e-commerce, announced on Thursday its recent completion of an A+ round of financing totaling one hundred million yuan ($15.69 million).

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