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Sina Announces Receipt of Preliminary Non-Binding "Going Private" Proposal

Sina, 7/06/20

Chinese online media company Sina (Nasdaq: SINA) today announced the receipt of a preliminary non-binding proposal letter, dated July 6, 2020, from New Wave MMXV Limited ("New Wave"), proposing to acquire all the outstanding ordinary shares of the company not already owned by New Wave for USD 41 per share in cash in a going private transaction (the "Proposed Transaction"). Read More

Sina's News App Launches AI-based Real-time Recommendation Engine

Sina Tech, 9/14/17

Chinese internet company Sina (Nasdaq: SINA) recently introduced a new "instant recommendation" (Jishi Tui) function within its news app that uses artificial intelligence technology to identify a user's interests at a given moment and recommend relevant news, image, and video content. Read More

B2C Pharmaceutical E-tailer 'Jianke' Raises USD 50 Mln Series A+

Vcbeat.net, 5/15/17

Guangdong-based Jianke Pharmaceutical, operator of B2C pharmaceutical e-tailer Jianke.com, has completed USD 50 mln in Series A+ funding, announced Jianke CEO Xie Fangmin. Read More

Smart LED Display Platform for Vehicles 'Lunubao' Wins RMB 30 Mln Pre-A

PEdaily, 5/05/17

Chongqing-based Checheying Network Technology, operator of smart LED display platform for vehicles Lunubao, recently announced the completion of RMB 30 mln in pre-Series A funding from Chongqing Co-harvest Equity Investment Fund Management and Dongfeng Xiaokang Industry Fund. Read More

Online Lifestyle Media and Education Platform 'Read at Ten' Wins RMB 60 Mln Series A

Ctsbw.com, 1/04/17

Xiamen-based Shidian Cultural Communication, operator of online and mobile lifestyle media and education platform "Read at Ten," has completed RMB 60 mln Series A funding led by Qingke Lingxie Investment Management, and with participation from Weiying Capital and SAIF Partners. Read More