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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
Tencent to Boost Equity Voting Interest in Consortium That Controls Supercell
Tencent, 9/23/19
Chinese internet and mobile services firm Tencent (0700.HK) announced today that it intends to increase its equity voting interest - from 50% to 51.2% - in the consortium that currently indirectly holds an 82.2% interest in Finnish mobile games developer Supercell. Read More
Baidu Posts Q1 2019 Net Loss of RMB 327 Mln
Baidu, 5/16/19
Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More
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
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
Co-working Space MyDreamPlus Raises USD 120 Mln Series C Funding
iFeng, 8/13/18
Co-working space brand Mydream Plus (Mydream+) recently announced completion of USD 120 mln Series C funding led by Hillhouse Capital Management and General Atlantic with participation by prior-round investors Joy Capital, Ocean Link, M31 Capital, and China Renaissance K2 Ventures (K2VC). Read More
Ant Financial, CDH, Koubei Invest USD 200 Mln in Group Catering Service Provider Xiyun
36Kr.com, 5/08/18
Beijing-based group catering service provider Xiyun Enterprise Management has won USD 200 mln in Series A funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), CDH Investment, and Alibaba-affiliated local life service platform Koubei. Read More
Ant Financial Joins RMB 810 Mln Investment in Shared Bike Operator Youon Low Carbon
Youon Public Bicycle System, 9/19/17
Changzhou-based public bicycle sharing service operator Youon Public Bicycle System (603776.SH) recently announced that its wholly-owned dockless bicycle sharing subsidiary Jiangsu-based Youon Low Carbon Technology plans to add eight new investors including Ant Financial subsidiary Yunxin Venture Capital, Shenzhen Capital Group, and Lingji Enterprise Management Center. Read More
Leshi Internet Founder Pledges Stake to Cover Debts
Leshi Internet, 4/27/17
Jia Yueting, the founder of Leshi Internet Information and Technology (300104.SZ), will pledge nearly his entire stake in the Chinese online video content and smart device firm to cover debt obligations, according to Leshi Internet's Q1 2017 financial report announced today. Read More
Alibaba to Invest RMB 1 Bln in Open Platform for Film Creators
Tencent Tech, 4/18/17
Alibaba Group's (NYSE: BABA) online video site operator Youku Tudou recently announced that the company, Alibaba Literature, and Alibaba Pictures Group (1060.HK) will jointly invest RMB 1.0 bln on "Project HAO," which aims to provide online movie content creators with an open platform, open IPs, and open resources. Read More
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