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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
Online Financial and Tax Services Platform Huisuanzhang Completes Series C
iYiou, 9/26/18
Beijing-based Gongjin Technology, operator of mobile and PC bookkeeping service platform Huisuanzhang, recently announced the completion of Series C funding led by Gaocheng Capital with participation from existing investor Android device maker Xiaomi (1810.HK). Read More
Cross-border E-commerce Payment Platform PingPong Wins RMB 9-digit Series C
iYiou.com, 9/18/18
Hangzhou-based third-party cross-border payment company Pingpeng Intelligent Technology ("PingPong") recently announced that it has secured RMB 9-digit Series C funding from Sinowisdom Asset Management and other investors. Read More
Shenzhen Tax Bureau, Tencent Ally on Blockchain-based Tax Management
Sina Tech, 5/24/18
The Shenzhen branch of China's State Administration of Taxation and Chinese internet conglomerate Tencent (0700.HK) recently announced that they will work together to promote tax-related technology applications, including exploring ways of using blockchain technologies for tax management to prevent fraud in invoice transfer processes. Read More
Online Real Estate Big Data Service Yunfang Data Reveals Series A Funding Details
PE Daily, 5/08/18
Beijing-based Yunfang Data Technology, operator of online real estate big data services platform Yunfang Data, recently said that it completed RMB 20 mln in Series A funding in late 2016 from Shenzhen-based Fortune Venture Capital. Read More
AI-based Tax and Financial Services Platform Onlyou Lands RMB 300 Mln Series A
Lieyunwang, 12/09/17
Shenzhen-based Shangji Enterprise Service, operator of online tax and financial services platform Onlyou.com, has won RMB 300 mln in Series A funding from AVIC Trust, Xiamen Changrong Capital, Shengnong Capital, and Pan-China (Xiamen) Consulting. Read More
Beijing Office of China's Tax Bureau Taps Alibaba for Smart Tax Administration Services
21st Century Business Herald, 11/28/17
The Beijing Municipal Office of China's State Administration of Taxation (BMOSAT) and Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) cloud computing arm Alibaba Cloud have signed a strategic partnership agreement to promote cloud computing, big data, and AI technology for applications in the sphere of tax administration. Read More
Used Car Sales Platform Uxin Expands into New Car Trading
iFeng Tech, 10/31/17
Beijing-based Youxinpai Auction (Uxin), operator of B2C used car trading platform Uxin Used Car, recently announced a new trading service for new car transactions, called Uxin Xinche Yichenggou. Read More
Tencent Buys Stake in Online Business Registration Platform Kuaifawu
iHeima, 2/20/17
Beijing-based Kuaiyouhao Information Technology, operator of online business registration service platform Kuaifawu.com, recently announced that Chinese internet and mobile services firm Tencent (0700.HK) will purchase an equity stake in Kuaiyouhao at its existing valuation, and Kuaifawu will use these funds exclusively for ad placements within Tencent's business ecosystem, including ads on social advertising system Guangdiantong and mobile messaging platform WeChat. Read More
Big Data Solutions Provider Mininglamp Raises RMB 200 Mln Series B
iHeima, 8/10/16
Beijing-based big data analysis solutions provider Mininglamp Software System recently announced that it completed RMB 200 mln Series B funding this month, led by Sequoia Capital China with participation by Share Capital, network security solutions provider Surfilter Network Technology (300311.SZ), and Heaven-Sent Capital Management Group (833044.NEEQ). Read More
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