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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

NetEase Youdao Secures Strategic Funding at USD 1.1 Bln Valuation

Beijing Business Today, 4/17/18

Online search engine and mobile internet application service provider NetEase Youdao Computer System, a subsidiary of Chinese internet company NetEase (Nasdaq: NTES), recently announced the completion of its first strategic funding led by Muhua Jinxin Investment Management with participation from Legend Capital at a post-money valuation of USD 1.1 bln. Read More

Chinese Authorities Order Android App Stores to Suspend Downloads of Top News Apps

Beijing Daily, 4/09/18

Chinese authorities have ordered domestic app stores to suspend download services for four news apps - Today's Headlines (Bytedance), Phoenix News (Phoenix New Media), NetEase News, and Tiantian Kuaibao (Tencent) - by 3pm today, according to feedback from several app store vendors. Read More

Yunfeng Invests RMB 120 Mln in IT Management Visualization Solutions Firm Uinnova

PE Daily, 2/06/18

Beijing-based IT management visualization solutions provider Uinnova Technology recently said that it completed RMB 120 mln in Series B funding from Yunfeng Capital at the end of 2017. Read More

Co-working and Business Consulting Service Kr Space Raises RMB 600 Mln Pre-B Funding

Kr Space, 1/11/18

Beijing-based Kr Space Information Technology, operator of co-working space and business consulting services platform Kr Space, recently announced completion of RMB 600 mln in pre-Series B funding. Read More

Giant, Yunfeng to Join Series C Investment in Housing Rental Platform Mogo Room

Giant Network Group, 12/30/17

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

Rumor: Online News Platform Yidian Zixun Secures USD 100 Mln Series E

TechWeb, 10/18/17

Beijing-based Particle Information Technology, operator of mobile news app Yidian Zixun and subsidiary of Phoenix New Media (NYSE: FENG), has reportedly completed USD 100 mln in Series E funding at a USD 1.0 bln valuation, with a government-led fund among the investors. Read More

Koubei, Alipay Unveil Smart Restaurant Touchscreen Tabletop

Sina Tech, 10/10/17

Online and mobile local life services platform Koubei, operated by Alibaba Group (NYSE: BABA) subsidiary Koukou Xiangchuan Network Technology, recently launched a new "Smart Restaurant of the Future" concept product. Read More

Intra-city Express Delivery App 'Mr. Wind' Completes USD 8-digit Series C

36Kr.com, 8/31/17

Hangzhou-based Gezixiang Network, operator of mobile intra-city express delivery app Feng Xiansheng (literally "Mr Wind"), has completed USD 8-digit Series C funding from Daosheng Capital and Jolly Information Technology, operator of B2C e-commerce apparel site Jollychic.com. Read More

Online Video Sites Bilibili, AcFun Remove Foreign Film and TV Show Content

Tencent Tech, 7/12/17

Online video sites Bilibili and AcFun have reportedly removed numerous foreign TV shows and movies from their platforms, according to reports from video site users. Read More