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Q3 2020 Investment in Chinese Internet Startups Down 9% QoQ
CAICT, 10/16/20
As China's domestic economy maintained its gradual recovery, capital markets for Chinese internet startups also remained relatively stable in Q3 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 6.22 bln, down 8.9% QoQ and 39.0% YoY, according to Chinese government data. Read More
Q2 2020 Investment in Chinese Internet Startups Up 37% QoQ
CAICT, 7/11/20
Driven by the continued recovery of China's economy and looser liquidity, capital markets for Chinese internet startups rebounded strongly in Q2 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 6.52 bln, up 37.0% QoQ but down 18.4% YoY, according to Chinese government data. Read More
Q1 2020 Investment in Chinese Internet Startups Down 28% QoQ
CAICT, 4/09/20
As the COVID-19 pandemic battered both domestic and overseas economies, capital markets for Chinese internet startups tightened dramatically in Q1 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 5.09 bln, down 28.1% QoQ and 36.3% YoY, according to Chinese government data. Read More
Q4 2019 Investment in Chinese Internet Startups Down 32% QoQ, 52% YoY
CAICT, 1/10/20
Against a backdrop of increased domestic and international economic pressure, capital markets for Chinese internet startups saw a major tightening in Q4 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 6.84 bln, down 32.3% QoQ and 51.5% YoY, according to Chinese government data. Read More
Q3 2019 Investment in Chinese Internet Startups Up 15% QoQ, Down 38% YoY
CAICT, 10/14/19
Capital markets for Chinese internet startups began to warm again in Q3 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 9.63 bln, up 15.1% QoQ, but down 38.3% YoY, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Q2 2019 Investment in Chinese Internet Startups Down 71% YoY to USD 8.1 Bln
CAICT, 7/19/19
Capital markets for Chinese internet startups tightened further in Q2 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 8.1 bln, up 3.8% QoQ, but down 70.8% YoY, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Q&A Site Zhihu's User Base Exceeds 200 Mln
Sina Tech, 9/20/18
Chinese online and mobile Q&A community Zhihu.com, operated by Beijing-based Zhizhe Tianxia Technology, exceeded 200 mln registered users at the end of August, revealed CEO Zhou Yuan at the 2018 China Cybersecurity Expo under way in Chengdu from September 17-21. Read More
Professional SNS App Maimai Completes USD 200 Mln Series D
36Kr.com, 8/21/18
Professional SNS app Maimai, operated by Beijing-based Taoyou Tianxia Technology Development, has completed USD 200 mln in Series D funding led by DST Global and with participation from previous investors IDG Capital Partners, Morningside Ventures, and DCM Ventures. Read More
Physicians' SNS App Medlinker Secures RMB 1 Bln Series D
Sina Tech, 7/31/18
Chengdu-based Yiyun Technology, operator of doctors' mobile social networking app Medlinker, recently announced completion of RMB 1 bln in Series D funding in June led by China Capital Zhongcai Fund Management with participation by Sequoia Capital China, Zhongdian Health Fund, and China Renaissance New Economy Fund. Read More
Suning Yigou App Launches Short Video Content E-commerce Platform
P5w.net, 7/27/18
Hou Enlong, president at Chinese consumer electronics and home appliance retailer Suning.com (002024.SZ), recently announced that the company is launching a new short video content e-commerce platform called Touhao Maijia. Read More
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