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Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019
CAICT, 7/08/20
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
Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019
CAICT, 4/09/20
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
JD.com Upgrades and Rebrands JD Finance to JD Digits
JD.com, 11/20/18
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
O2O Education Planning and Consultation Service Nice Zhuanye Wins RMB 50 Mln Series A
iYiou, 8/15/18
Beijing-based Heqi Juli Education Technology (HQ Education Group), operator of O2O education service platform Nicezhuanye.com (literally "Nice Major"), recently announced completion of RMB 50 mln in Series A funding from Shunwei Capital Partners and Zero2IPO Lanxum Internet Education Fund. Read More
Ant Financial Leads Series D Funding of 3D Motion Sensing Firm Orbbec
36Kr.com, 5/21/18
Shenzhen-based 3D motion sensing products developer and manufacturer Orbbec Technology recently announced completion of USD 200 mln in Series D funding led by Alibaba Group's (NYSE: BABA) financial services affiliate Ant Financial, with participation by prior-round investors SAIF Partners, Green Pine Capital Partners, Sirius Capital, and R-Z Capital. Read More
LBS Robot Developer Uditech Secures RMB 8-digit Series B
36Kr.com, 4/27/18
Shenzhen-based location-based services robot developer Youdi Technology (Uditech) recently announced completion of RMB 8-digit Series B funding led by Yuanyu Runxin Equity Investment Management and Legend Capital. Read More
Baidu Leads Investment in IoT Solutions Provider Sensoro
iYiou, 4/09/18
Beijing-based Internet of Things sensor maker Sensoro recently announced completion of new funding led by Baidu Ventures and Northern Light Venture Capital with participation by Germany's Robert Bosch Venture Capital (RBVC) and Hundun Capital. Read More
Online Wedding Service Platform MarryMemo Secures USD 65 Mln Series C
36Kr.com, 3/19/18
Hangzhou-based Suncloud, operator of online and mobile one-stop wedding services platform Hunli Ji ("MarryMemo"), recently announced completion of USD 65 mln in Series C funding led by Orchid Asia Group Management with participation by Matrix Partners China and Fosun RZ Capital. Read More
Tencent Acquires Enlight Media's 28% Stake in TV and Film Producer New Classics Media
Enlight Media, 3/12/18
Beijing-based TV and film investment, production, and distribution company Enlight Media (300251.SZ) recently announced that it has signed a share transfer agreement with Linzhi Tencent Technology, a subsidiary of Chinese internet conglomerate Tencent (0700.HK), to transfer its entire 27.64% stake in Beijing-based New Classics Media to Tencent for a total consideration of RMB 3.317 bln. Read More
VR Home Interior Design Platform Kujiale Completes USD 100 Mln Series D
Jiemian, 3/09/18
Hangzhou-based Qunhe Information Technology, operator of O2O home decoration platform Kujiale, recently announced completion of USD 100 mln in Series D funding led by Shunwei Capital Partners with participation by Pavilion Capital, managed by Singaporean investment company Temasek Holdings, and prior-round investors including IDG Capital Partners, Granite Global Ventures, Yunqi Partners, Hearst Capital, and US-based Linear Venture Corporation. Read More
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