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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

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

Galaxy eSolutions Invests in O2O Smartphone Maintenance Platform 'Accelerate'

Cyzone, 7/17/18

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

Rumor: Bitcoin Mining Chip Maker Bitmain Lands USD 1 Bln Funding

Sina Tech, 7/16/18

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

Online Executive Recruitment Platform Liepin IPOs in Hong Kong

Tencent Tech, 6/28/18

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

Voice Recognition Firm Sibichi Completes RMB 500 Mln Series D

36Kr.com, 6/26/18

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

Low Power WAN Solution Provider EasyLinkin Raises RMB 230 Mln Series B+

36Kr.com, 6/07/18

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

Online Long-term Housing Rental Service Uoko Lands RMB 1 Bln Series C

36Kr.com, 5/10/18

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

College Student Short-term Housing Rental App Bahao Kongjian Seeks Angel Funding

Lieyunwang, 5/09/18

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