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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
PC and mobile online game developer and operator Giant Network Group (002558.SZ) and its wholly owned subsidiary Giant Investment (HK) will participate in Series C+ funding for Bennet Holding, operator of housing rental platform Mogo Room. Read More
Cloud-based communications solutions provider Shenzhen Yunzhixun Network Technology recently announced the completion of RMB 300 mln in Series B funding led by Mangrove Capital. Read More
Chengdu-based Xinchao Media Group, developer of O2O life services app Xinchao Xiaoqu and operator of an LED ad network, has completed RMB 1 bln in funding from four RMB-denominated publicly listed companies, according to an announcement from founder Zhang Xuxue. Read More
Beijing-based integrated voice and communications platform operator Speedtong Information Technology recently announced completion of USD 70 mln Series C funding led by Sequoia Capital with participation from Series B investor Trust Bridge Partners and new international strategic investors. Read More
Alibaba Health Information Technology (AliHealth) (0241.HK), the health services subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), plans to rebuild its third-party drug tracking platform, which was originally intended to mitigate the problem of counterfeit medications, announced AliHealth VP Wang Peiyu. Read More
According to an industry insider, Chinese internet and mobile services firm Tencent (0700.HK) is planning to release "enterprise accounts" to software developers and enterprises on the company's WeChat mobile messaging platform. Read More
Zhang Jiangang, VP in charge of Chinese third-party payment processor Alipay's O2O (online to offline) business unit, has revealed details of Alipay's "future hospital" project, headed by Alipay's "Alipay Wallet" mobile app team and currently in the planning stages. Read More
Chinese e-commerce conglomerate Alibaba Group and Chinese home appliance maker Midea have signed a partnership agreement through which the two sides will jointly construct an internet-of-things (IOT) open platform based on Alibaba's AliCloud cloud service, allowing users to communicate with and remotely control their home appliances. Read More
Chinese internet company Tencent (0700.HK) announced today that the company will open WeChat Pay ("Weixin Zhifu") mobile payment API access to verified service account operators on the public accounts platform of the company's WeChat mobile messaging app. Read More