SaaS Archives - Page 2 of 2

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).

Kingsoft Office Releases New Platform, CEO Claims No Intention of Competing With DingTalk and WeCom

Kingsoft Office, a leading software and internet services company based in China, released the Kingsoft Digital Office Platform on Thursday, as well as three brand-new products.

Tungee Completes $47.14 Million in Round B+ Financing, Led by Cathay Capital Private Equity

Tungee, one of the leading companies in the fields of intelligent sales SaaS in China, announced the completion of a B+ round of financing valued at 300 million yuan ($47.14 million).

Cross-border E-commerce SaaS Service Provider Lingxing Secures $44 Million Round C Financing, Source Code Capital Joins in

Lingxing, a cross-border e-commerce SaaS service provider, announced on Wednesday that it had completed a round C financing worth RMB 280 million ($44 million) led by Xianghe Capital.

China Youzan Achieves Q1-Q3 Revenue of $184 Million, Operating Losses of $119 Million

According to a financial report released by Chinese software as a service (SaaS) provider China Youzan on Wednesday, the company has achieved revenue of 1.176 billion yuan ($184 million) in the first three quarters of this year.

Video PaaS Firm Feihu365 Technology Wins B+ Round of Financing Worth Over $15.6 Million, Led by Shunwei Capital

Feihu365 Technology announced that it had completed a new round of financing, in which it garnered over 100 million yuan ($15.6 million) in investment led by Shunwei Capital and followed by previous shareholders.

Enterprise Training SaaS Firm CoolVision Technology Wins Several Hundred Million Yuan in B-Round Financin

The round was led by Source Code Capital and Cathay Capital Private Equity, followed by Qiming Venture Partners, Yunqi Partners and Toutoushidao Capital.

Moka Completes C-Round of Financing Worth $100 Million With Tiger Global as Lead Investor

On Tuesday, HR software as a service (SaaS) provider Moka announced that it has completed its C Round of financing, in which it garnered $100 million.

China VC Weekly: Didi Rival Raises Stakes, Big Injections from Xiaomi and ByteDance

In last week’s VC news, direct-to-consumer e-commerce platform Cider bags $130 million for brand building, Xiaomi backs AI company Studio 51, Didi rival Caocao rakes in a massive $589 million round, and more.

Youzan Technology Submits Updated Prospectus to Hong Kong Stock Exchange

Chinese SaaS service provider Youzan Technology Inc. submitted an updated application to the Hong Kong Stock Exchange this Monday, with GF Capital (Hong Kong) Limited as its sole sponsor.

China VC Weekly: Autonomous driving, SaaS and ZWC’s New Fund

In last week’s China VC news, autonomous driving technology startup HoloMatic completed its Series B1 round of financing, SaaS vendor G+ bagged 180 million yuan for further business expansion, while prominent VC ZWC Partners closed a new $774 million US-dollar fund.

China VC Weekly: MissFresh Raises New Funds, NIO Capital Invests in PaaS and More

Chinese grocery e-commerce platform MissFresh announced Thursday a new $495-million funding round led by a fund under state-backed China International Capital Corporation.

Alibaba Local Services Company Acquires Software Provider Keruyun

Alibaba Local Services Company officially announced its acquisition of Keruyun, a SaaS company providing software and hardware for local lifestyle services such as catering and retail.

Office 365 has grown 400 percent after 4 Years in China

In 2014, Microsoft announced the opening of its Office 365 cloud service in China with the help of local partners. Office 365 became the only international cloud productivity platform in China, as well as the first cross-platform and cross-device productivity tool in China. Prior to this, Microsoft’s Azure cloud service had also entered the Chinese […]

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