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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 B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
Ningbo-based Jingbei E-commerce, operator of cross-border e-commerce platform Seabuy.com, recently announced that it has secured RMB 100 mln in Series A funding led by online shopping rebate platform Taofen8.com with participation from Santuo Investment Management and the Ningbo Municipal Government Angel Guidance Fund. Read More
Beijing-based light industrial robot developer Rokae Technology recently announced that it has won RMB 160 mln in Series B financing led by Shunwei Venture Capital at a product launch press conference. Read More
Beijing-based Missfresh E-Commerce, operator of fresh food ordering app Missfresh, recently announced completion of USD 450 mln in new funding led by Goldman Sachs Investment Partners, Chinese internet conglomerate Tencent (0700.HK), Jeneration Capital, and Davis Selected Advisers with participation by Poly (Hengqin) Capital Management, Glade Brook Capital, and China Renaissance New Economy Fund, as well as prior-round investors Tiger Global and Sofina. Read More
Beijing-based Bohui Tiandi Technology, operator of karaoke system software brand Thunderstone Technology, has announced the completion of nearly RMB 200 mln in Series B funding led by China Minsheng Investment Group, with participation by the company's founder, Morningside Ventures and Beijing Yuemi Technology. Read More
Beijing-based oncology-focused clinical data analysis systems developer LinkDoc Technology recently announced completion of RMB 1 bln in Series D funding in H1 2018. Read More
Xiamen-based Runming Network Technology, operator of smart parking solution brand Carlinkin, recently announced completion of RMB 8-digit Series A funding led by Star Venture Capital with participation by Yingxin Guofu Investment Management and Shanghai-based Edge Ventures. Read More
Shanghai-based Wanjian Information Technology, operator of online and mobile housing rental services platform Baletu.com, has announced the completion of RMB 300 mln in new funding led by Tiantu Capital, with participation by Series B lead investor DCM Ventures and other previous investors. Read More