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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
Chinese smart urban mobility solutions firm Niu Technologies (Nasdaq: NIU) today announced its financial results for the first quarter 2019. Read More
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
Guangzhou-based Xiuke Information Technology, operator of O2O smartphone maintenance platform Jiasudu ("Accelerate"), recently announced the completion of RMB 8-digit Series A funding from Hong Kong-based cross-border e-commerce company Galaxy eSolutions. Read More
Beijing-based Bitcoin mining hardware maker Bitmain Technologies is reportedly in the process of raising USD 1 bln in new funding and funds are expected to be in place by the end of July, according to IT media outlet TouchWeb. Read More
Wise Talent Information Technology (6100.HK), the Cayman Islands-based parent company of online recruitment site Liepin.com, has begun trading on the main board of the Hong Kong Stock Exchange with an initial offering of 88 mln shares at an IPO price of HKD 33 per share. Read More
Suzhou-based voice recognition technology provider Sibichi Information Technology (AISpeech) recently announced completion of a new RMB 500 mln round of funding led by Suzhou-based Oriza Holdings and China Minsheng Investment with participation by Shenzhen Capital Group, Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), and Taiwanese chipmaker MediaTek (MTK). Read More
Wuhan-based low-power wide area network (LPWAN) solution provider Huilian Wuxian Technology (EasyLinkin) has completed RMB 230 mln in Series B+ funding led by China Growth Capital with participation by Qianhai Xingwang Investment Management and Zongzhou Finance. Read More
Sichuan-based Uoko Investment Management, operator of online housing rental platform Uoko.com, recently announced completion of Series C1 funding from Shenzhen Capital Group, Greentown Service Group (2869.HK), Shenzhen-based Galaxy Real Estate Development, Legend Capital, Matrix Partners China, and SIG Asia Investment. Read More
Nanjing-based Bahao Kongjian Network Technology, operator of short-term housing rental platform Bahao Kongjian, has announced it is preparing for an angel round of funding and is seeking to raise RMB 5 mln. Read More