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SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO

CareVoice, 7/07/20

Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. 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

Bytedance to Establish R&D Center and AI Research Institute in Nanjing

Sina Tech, 9/10/18

Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, recently announced that it will establish a research center in Nanjing. Read More

Online English Test Tutoring Platform Kaochong Wins USD 55 Mln Series D

36Kr.com, 9/05/18

Beijing-based Xuanke Technology, operator of online and mobile live English test prep course search platform Kaochong.com, recently announced completion of USD 55 mln in Series D funding led by Hillhouse Capital Management with participation by Chinese internet conglomerate Tencent (0700.HK) and Matrix Partners China. Read More

O2O Education Planning and Consultation Service Nice Zhuanye Wins RMB 50 Mln Series A

iYiou, 8/15/18

Beijing-based Heqi Juli Education Technology (HQ Education Group), operator of O2O education service platform Nicezhuanye.com (literally "Nice Major"), recently announced completion of RMB 50 mln in Series A funding from Shunwei Capital Partners and Zero2IPO Lanxum Internet Education Fund. Read More

Alibaba, Ant Financial Partner with Government to Build Jiangxi's Digital Economy

Xinhuanet, 6/21/18

Chinese internet conglomerate Alibaba Group (NYSE: BABA) and its financial services affiliate Ant Financial recently signed a strategic partnership agreement with Jiangxi province, under which the parties will collaborate on several smart industry projects in Jiangxi to promote development of the digital economy. Read More

Smart Vending Machine Brand Coffee 0.8 Wins RMB 100 Mln Series B

Lieyunwang, 6/07/18

Beijing-based Lingdian Kongjian Technology, operator of smart coffee vending machine brand Coffee 0.8, completed nearly RMB 100 mln in Series B funding from Kaola Fund in early 2018, according to a recent interview with founder and CEO Wang Shunli. Read More

Tencent Forms HK Finance Academy and Guangdong-HK-Macau Fintech Lab

iFeng Tech, 6/06/18

Chinese internet conglomerate Tencent (0700.HK) announced the formation of the Tencent Financial Academy (Hong Kong) and Guangdong-Hong Kong-Macau Greater Bay Area Fintech Lab at a forum cohosted by Tencent and the HK Science and Technology Park. 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