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China Telecom Outpaces China Mobile to Reach 20.5% 5G Penetration in October 2020

Marbridge Consulting, 11/20/20

The listed arms of China's three main telecom operators have announced their subscriber totals for the month of October 2020, including a combined net gain of roughly 0.83 mln mobile subscribers in China, boosting their combined mobile subscriber base to nearly 1.606 bln. Read More

China Telecom Outpaces China Mobile to Reach 18.5% 5G Penetration in Sep 2020

Marbridge Consulting, 10/22/20

The listed arms of China's three main telecom operators have announced their subscriber totals for the month of September 2020, including a combined net gain of roughly 2.45 mln mobile subscribers in China, boosting their combined mobile subscriber base to nearly 1.605 bln. Read More

Mobile Education Platform Zuoyebang Wins USD 750 Mln Series E

Zuoyebang, 6/30/20

Chinese K-12 online education platform Zuoyebang has announced via its official WeChat account the completion of a USD 750 mln Series E round of financing, led by FountainVest Partners and Tiger Global, with participation from new and existing shareholders Qatar Investment Authority, Sequoia Capital China Fund, Softbank Vision Fund 1, Tiantu Capital, and Xianghe Capital. Read More

Golden Bull Posts H1 2019 Net Loss of USD 6.5 Mln

Golden Bull, 1/30/20

Golden Bull (Nasdaq: DNJR), which formerly operated an online peer-to-peer (P2P) lending platform in China that provided borrowers access to short-term loans, today announced its financial results for the six months ended June 30, 2019. Read More

CRM SaaS Provider Udesk Secures RMB 300 Mln Series C

Udesk, 9/27/18

Beijing-based customer relationship management (CRM) Software as a Service (SaaS) provider Wofeng Shidai Data Technology (Udesk) recently announced the completion of RMB 300 mln in Series C funding led by Tiger Global Management, with participation from DCM Ventures and Legend Capital. Read More

Online Financial and Tax Services Platform Huisuanzhang Completes Series C

iYiou, 9/26/18

Beijing-based Gongjin Technology, operator of mobile and PC bookkeeping service platform Huisuanzhang, recently announced the completion of Series C funding led by Gaocheng Capital with participation from existing investor Android device maker Xiaomi (1810.HK). Read More

Online Corporate Training Service Provider Yunxuetang Completes Series C

PE Daily, 9/25/18

Jiangsu-based online corporate training service provider Yunxuetang Network Technology recently completed Series C funding led by Yunfeng Capital with participation from previous investor SIG China Investment. Read More

HCI Solutions Firm InfoQuick SinoVoice Wins RMB 9-digit Strategic Investment

PE Daily, 9/25/18

Beijing-based human-computer interactive (HCI) technology firm InfoQuick SinoVoice recently completed a new RMB 9-digit round of funding led by Shenzhen Capital Group with participation from Septwolves Jieneng Huanbao Industry Venture Capital. Read More

Ant Financial Leads Series A3 Funding of Men's Online Customized Outfitter Champzee

36Kr.com, 9/25/18

Hangzhou-based Chuiyi Network Technology, operator of subscription men's apparel service "Champzee," recently completed Series A3 funding led by Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), with participation from China Broadband Capital's Chenshan Fund. Read More

Doctor-facing Imaging Information App Yingling Lands RMB 30 Mln Series A

Lieyunwang, 9/21/18

Beijing-based Yinglink Technology, operator of doctor-facing medical imaging information and knowledge-sharing app Yingling, recently revealed the completion of RMB 30 mln in Series A funding in H1 2018, led by Volcanics Venture and with participation from Northern Light Venture Capital. Read More