MiraclePlus Welcomes Investment from Sequoia, Former JD.com CEO After Y Combinator Exit MiraclePlus RMB Fund I, L.P., recently completed a new round of funding, with Sequoia and former JD.com CEO Richard Liu among its investors.
Y Combinator Suddenly Shuts Down Chinese Subsidiary YC China The prominent American startup accelerator Y Combinator has abruptly folded its plans to open a Chinese subbranch YC China.
Former Baidu COO Lu Qi to Head Y Combinator in China Lu Qi, AI expert and former Chief Operating Officer of Baidu Inc., was named founder and Chief Executive Officer of Y Combinator China, signaling the Silicon Valley incubator’s ambition to expand its global operations.
