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Niu Technologies Posts Q1 2019 Profit of RMB 12 Mln

Niu Technologies, 5/13/19

Chinese smart urban mobility solutions firm Niu Technologies (Nasdaq: NIU) today announced its financial results for the first quarter 2019. Read More

MIIT: China's Total Number of Large-scale Software Enterprises Reaches 37,776 in 2018

MIIT, 2/01/19

As of the end of 2018, mainland China had 37,776 large-scale software enterprises, reports China's Ministry of Industry and Information Technology (MIIT). Read More

CaaS Cloud Service Provider DaoCloud Obtains RMB 9-digit Series B

iYiou, 9/19/18

Shanghai-based cloud computing services provider DaoCloud Network Technology recently announced completion of RMB 9-digit Series B funding led by Tianfu Tech and Yuanyi Capital with participation by Sky9 Capital, Aeternam Stella Financial Holdings, F&H Fund Management, Huatai Securities (601688.SH), Puhua Capital, and Convergence Capital. Read More

Alibaba's UCWeb to Invest RMB 500 Mln to Support Original Content Creation

TechWeb, 9/13/18

Alibaba Group's (NYSE: BABA) UCWeb subsidiary, operator of mobile browser UC Browser, recently announced a "U Creator Plan" to encourage the production of premium original content. Read More

JD Logistics, ABB Ally on Logistics Smart Manufacturing and Robot Product Supply Chain

iKanchai.com, 9/12/18

Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) self-operated logistics business, JD Logistics, and robot technology and solutions provider ABB recently signed a strategic partnership agreement to cooperate on logistics industry smart manufacturing and robot product supply chain services. Read More

Zhang Yimou's VR Entertainment Firm Sky Limit Secures RMB 9-digit Pre-A

DoNews, 6/21/18

Beijing-based entertainment company Danghong Qitian International Culture Development (Sky Limit Entertainment) recently announced completion of RMB 9-digit pre-Series A funding led by Shenzhen-based OCT Culture Group with participation by Mango Culture and Innovation Private Equity Fund. Read More

Source Code Capital Invests in Real Estate SaaS Provider Eall

Heishaobing, 6/21/18

Tianjin-based real estate SaaS provider Yiao Online Technology (Eall) recently won funding from Source Code Capital. Read More

AI Architectural Design SaaS Firm Xkool Raises RMB 8-digit Pre-A

36Kr.com, 6/20/18

Shenzhen-based AI architecture-focused SaaS developer Xiaoku Technology (XKool) recently announced completion of RMB 8-digit pre-Series A funding in May 2018 from Oriental Fortune Capital and Shenzhen-based Zhongnan Heduo Venture Capital. Read More

Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong

36Kr.com, 6/15/18

Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More

Baidu, Shenzhen Expressway Partner on Smart Highway Design and Operations

Sina Tech, 6/01/18

Chinese internet conglomerate Baidu (Nasdaq: BIDU) and toll highway construction, operation, and management firm Shenzhen Expressway (600548.SH) recently formed a partnership agreement centered on smart transportation, smart environmental protection, and information service upgrades. Read More