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As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Beijing-based Qingsong Meican Technology, operator of enterprise-focused online catering website Meican.com, announced today the completion of RMB 9-digit Series D+ funding from Sunshine Insurance Group. Read More
US internet giant Google has reportedly led a RMB 500 mln round of funding in Chinese online and mobile gamecasting platform Chushou TV, according to media reports. Read More
Shanghai-based cloud storage and computer technology developer Qiniu Information Technology recently announced completion of RMB 1 bln in Series E funding led by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Yunfeng Capital, the private equity company co-founded by Alibaba Group chairman Jack Ma. Read More
Beijing-based Qingsong Meican Technology, operator of enterprise-focused online food ordering website Meican.com, has announced it has completed an undisclosed amount of Series D funding from Goldman Sachs Investment Partners, the venture capital and growth investment fund run by Goldman Sachs Group. Read More
Shanghai-based e-commerce software and services provider ShopEx Network Technology recently secured RMB 700 mln in Series D funding led by Joy Capital. Read More
Shanghai-based mobile and browser game developer and publisher Shinezone Network recently announced completion of RMB 400 mln Series B funding from China Fortune Securities, Bank of Ningbo, Shanshan Venture Capital, Jiuyou Fund, Nord Engine Asset Management Group, and Hi-Tech Venture Capital Group (HTVC). Read More
Beijing-based Renke Interactive Network Technology, developer of mobile CRM and sales support software Xiaoshou Yi, recently announced completion of RMB 280 mln Series D funding led by Chinese internet and mobile services firm Tencent (0700.HK), and with participation from Sequoia Capital, Matrix Partners China, and ZhenFund. Read More
Beijing-based Zhizhe Tianxia Technology, operator of Q&A site Zhihu.com, has announced the completion of USD 100 mln Series D funding from Capital Today, and existing Zhihu shareholders including Tencent (0700.HK), Sohu's (Nasdaq: SOHU) online search subsidiary Sogou, SAIF Partners, Qiming Information Technology, and Innovation Works. Read More