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As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
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
Beijing-based TV and film investment, production, and distribution company Enlight Media (300251.SZ) recently announced that it has signed a share transfer agreement with Linzhi Tencent Technology, a subsidiary of Chinese internet conglomerate Tencent (0700.HK), to transfer its entire 27.64% stake in Beijing-based New Classics Media to Tencent for a total consideration of RMB 3.317 bln. Read More
Shanghai-based Yiguo E-Commerce, operator of online fruit retailer Yiguo.com, recently announced completion of Series C+ funding. Read More
Beijing-based Zhongming Shiji Technology, operator of online childcare-focused vertical portal, e-commerce, and community platform Babytree, completed RMB 3 bln in new funding last month and has subsequently dismantled its variable interest entity (VIE) structure in order to list on China's A-shares or the Hong Kong Growth Enterprise Market, revealed Babytree chief operating officer Wei Xiaowei. Read More
Shanghai-based business travel service platform operator Travelzen recently announced completion of RMB 600 mln Series C funding from investors including Jiangsu-based Addor Capital, United Capital, Jinpu Innovation Consumption, and Everbright Fortune. Read More
Xie Fangmin, CEO of Guangdong-based Jianke Pharmaceutical, recently revealed that the Jianke.com online pharmacy operator has completed USD 100 mln Series A funding from investment firm Crescent Point and will focus on mobile medicine in 2016. Read More
Chongqing-based "Witkey" crowdsourcing platform operator Zhubajie has secured RMB 2.6 bln Series C funding, with RMB 1.6 bln coming from Cybernaut Investment and RMB 1 bln from Chongqing New North Zone Government Investment Fund. Read More
According to a source close to the matter, Chinese internet firm Tencent (0700.HK) and online ratings and group buy site Dianping, among several other investors, have made a RMB 9-digit investment into Shanghai-based wireless network solutions provider WiWide. Read More