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Autonomous Driving Startup WeRide Sets Nasdaq IPO Pricing at USD 15.50

WeRide, 10/25/24

Guangzhou-based autonomous driving start-up WeRide (Nasdaq: WRD) today announced the pricing of its initial public offering of 7,742,400 American depositary shares ("ADSs") at a price to the public of USD 15.50 per ADS. Read More

Alibaba's Cainiao to Roll Out 5-Day Delivery Service Globally

Alibaba Group, 6/28/23

Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), pledged today to deliver cross-border parcels within five working days, which it said would be 30% faster than the industry standard. Read More

Online Medical Imaging Cloud Platform Rimag Lands RMB 130 Mln Series B+

iYiou, 9/18/18

Shenzhen-based Yimai Tangguang Medical Technology, operator of online medical image cloud platform Rimag, has completed RMB 130 mln in Series B+ funding led by CICC Capital with participation from Xiaofeng Investment, according to a recent interview with Rimag vice president Zhou Xiaoyan. Read More

Cross-border E-commerce Payment Platform PingPong Wins RMB 9-digit Series C

iYiou.com, 9/18/18

Hangzhou-based third-party cross-border payment company Pingpeng Intelligent Technology ("PingPong") recently announced that it has secured RMB 9-digit Series C funding from Sinowisdom Asset Management and other investors. Read More

Tencent, Carlyle, Sequoia Lead USD 450 Mln Series E in O2O Car Maintenance Firm Tuhu

Tencent Tech, 9/15/18

Shanghai-based Lantu Information Technology, operator of online and mobile B2C car maintenance service and e-commerce platform Tuhu Yangche, recently announced the completion of approximately USD 450 mln in new funding jointly led by Chinese internet conglomerate Tencent (0700.HK), Carlyle Group, and Sequoia Capital. Read More

STEAM Education Solutions Provider Makeblock Wins RMB 300 Mln Series C

36Kr.com, 8/30/18

Shenzhen-based Maker Works Technology, developer of STEAM (Science, Technology, Engineering, Arts, and Math) education solutions provider Makeblock, has announced the completion of RMB 300 mln in Series C funding led by CICC Alpha Investment Fund Management, with participation by Yuexiu Industry Investment Management, GX Capital and Lang Ma Feng VC. Read More

Computer Vision and AI Technology Firm SenseTime Wins USD 410 Mln Series B

Tencent Tech, 7/11/17

Beijing-based computer vision and AI technology developer SenseTime Technology Development recently announced completion of USD 410 mln in Series B funding. Read More

Cloud Service Provider UCloud Raises RMB 960 Mln Series D

NetEase Tech, 3/29/17

Shanghai-based cloud service provider UCloud Information Technology has won RMB 960 mln in Series D funding from Oriza Holdings and CICC Alpha Investment Fund Management. Read More

Spring Rain Completes USD 50 Mln Series C Funding

Sina Tech, 8/19/14

Beijing-based Spring Rain Software ("Chunyu Tianxia"), developer of mobile healthcare app Spring Rain Palm Doctor ("Chunyu Zhangshang Yisheng"), announced today the completion of Series C funding totaling USD 50 mln from China International Capital Corporation Limited (CICC), Rushan Investment Management, and Pavilion Capital. Read More

Rumor: Software Developer SkyTech to IPO in HK

Tencent Tech, 6/18/13

Nanjing-based export services software developer SkyTech, a subsidiary of UK-based SinoSoft Technology, plans to raise USD 60 mln in a Hong Kong IPO, an industry source reported on June 17. Read More