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Update: Petroleum B2B E-commerce Site 51zhaoyou Wins USD 150 Mln Series C

36Kr.com, 8/01/18

Shanghai-based Zhaoyou Information Technology, operator of petroleum B2B e-commerce site 51zhaoyou.com, has completed USD 150 mln in Series C1 and Series C2 funding. Read More

Goldman Leads USD 127 Mln Series D Funding of Fitness Instruction App 'Keep'

36Kr.com, 7/10/18

Beijing-based Calorie Technology, operator of mobile healthcare and fitness app Keep, recently completed USD 127 mln in Series D funding led by Goldman Sachs with participation from Chinese internet conglomerate Tencent (0700.HK), Granite Global Ventures, Morningside Ventures, and Bertelsmann Asia Investments (BAI). Read More

Alibaba Leads USD 300 Mln Round in Overseas Travel and Shopping SNS App 'Little Red Book'

The Beijing News, 5/31/18

Xingyin Information Technology, operator of overseas travel and shopping SNS app Xiaohongshu.com (Little Red Book), recently made an internal announcement that the company has completed USD 300 mln in new funding led by Chinese internet conglomerate Alibaba Group (NYSE: BABA) with participation by GSR Ventures, Tencent Investment, Granite Global Ventures, Genesis Capital (Yuansheng Capital), Tiantu Capital, ZhenFund, and K11 Art Foundation founder Adrian Cheng, according to a source at the company speaking with online media outlet The Beijing News. Read More

SoftBank Leads USD 1.9 Bln Funding of Truck-hailing Firm Manbang

Sina Tech, 4/24/18

Chinese truck-hailing company Manbang Group announced today the completion of the first round of funding since its creation through a merger of trucking logistics service companies Huochebang and Yunmanman. Read More

Apparel Cross-border M-commerce App 'Look' Wins USD 22 Mln Series A

36Kr.com, 3/20/18

Beijing-based Yanzhi Youwu Technology, developer of apparel cross-border m-commerce app Look, has completed USD 22 mln in Series A funding, jointly led by Granite Global Ventures and Fengshion Capital, with participation from Ceyuan Ventures, Buttonwood Capital Management, and Zhengcheng Capital. Read More

VR Home Interior Design Platform Kujiale Completes USD 100 Mln Series D

Jiemian, 3/09/18

Hangzhou-based Qunhe Information Technology, operator of O2O home decoration platform Kujiale, recently announced completion of USD 100 mln in Series D funding led by Shunwei Capital Partners with participation by Pavilion Capital, managed by Singaporean investment company Temasek Holdings, and prior-round investors including IDG Capital Partners, Granite Global Ventures, Yunqi Partners, Hearst Capital, and US-based Linear Venture Corporation. Read More

Children's Reading App 'Koala Reading' Raises USD 8-digit Series A

36Kr.com, 12/05/17

Beijing-based Xiangyue Education Technology, developer of mobile children's reading app Koala Reading, recently announced the completion of USD 8-digit Series A funding from Qiming Venture Partners and Granite Global Ventures. Read More

English-language Education App 'Speak Fluent English' Wins USD 100 Mln Series C

The Beijing News, 7/26/17

Shanghai-based Liulishuo Information Technology, operator of mobile spoken English learning app Yingyu Liulishuo (literally "Speak Fluent English"), announced today the completion of nearly USD 100 mln in Series C funding, jointly led by China Media Capital (CMC) and Wu Capital. Read More

Baidu's Mobile Homework App Zuoyebang Raises USD 60 Mln Series B

NetEase, 9/23/16

Beijing-based Xiaochuan Chuhai Education Technology, operator of mobile homework app Zuoyebang (Homework Helper), has completed USD 60 mln Series B funding, jointly led by Granite Global Ventures and Xianghe Capital (a VC firm founded by former Baidu executives), and with participation from Sequoia Capital and Legend Capital. Read More

Movie Ticket Booking Platform Weiying Times Wins RMB 1.5 Bln Series C

iYiou, 11/17/15

Beijing-based mobile and online movie ticket booking platform operator Weiying Times announced today that it has secured RMB 1.5 bln in Series C funding led by Wenzi Huaxia Movies Culture Fund, with co-investments from CITICS Prosperity Fund Management, Granite Global Ventures, Noah Private Wealth Management, Gopher Asset Management, internet and mobile services firm Tencent (0700.HK), and entertainment conglomerate Dalian Wanda Group. Read More