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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
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
Beijing-based office co-working space provider Ucommune Venture Investment (Ucommune) recently announced completion of RMB 300 mln strategic funding from RK Investment and Asset Management Group ("RK Properties") and Shanghai-based Prosperity Holdings. Read More
Shenzhen-based advanced flexible display, flexible sensor, and smart device maker Royole Technology and Fujian-based Yingke Innovation Asset Management (Yingke PE) recently signed a strategic investment and partnership agreement, under which Yingke PE will be the sole investor in Royole's Series E funding round. Read More
Suzhou-based Bona Xundong Software, operator of cloud service brand BoCloud, recently completed nearly RMB 100 mln in Series B+ funding from JD Cloud, Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) cloud service platform for developers and merchants, and JD.com's online financing and retail investment platform JD Finance. Read More
Shenzhen-based Lanren Online Technology, operator online and mobile audiobook platform Lanren Tingshu (literally "Lazy People Audiobooks"), has announced the completion of RMB 200 mln in Series C funding jointly led by Time Publishing and Media (600551.SH), Shenzhen Qianhai Tianhe Culture Industry Fund Management and Fuhui Capital. Read More
Beijing-based voice recognition technology provider Yunzhisheng Information Technology (Unisound) recently announced completion of USD 100 mln in Series C funding led by Zhongdian Health Fund with participation by internet services and security software provider 360 Security Technology (Qihoo 360) (601360.SH), Shenzhen-based Qianhai Wutong M&A Fund Management, and Hanfor Capital Management. 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
Hainan-based Lexin Network Technology, operator of online gaming SNS app Laoyuegou, recently announced completion of RMB 200 mln in Series C funding from Tiantu Capital. Read More