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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

Used Car Trading Site Souche Secures USD 578 Mln Series F

36Kr.com, 9/03/18

The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform Souche.com, recently sent an internal email revealing that the company has completed USD 578 mln in new funding led by Primavera Capital Group and Morningside Ventures with participation by Chinese internet conglomerate Alibaba (NYSE: BABA), Beijing-based Dreamfly Capital Management, Lingfeng Capital, Shenzhen-based Palading Equity Investment, ClearVue Partners, Russia-China Investment Fund, Sunshine Insurance Group, and CreditEase. Read More

Smartisan's Messaging App 'Bullet Messaging' Wins RMB 150 Mln Series A

Tencent Tech, 8/28/18

Beijing-based smartphone developer Chuizi Technology (Smartisan)'s messaging app, Zidan Duanxin (literally "Bullet Messaging"), operated by Kuairu Technology, has completed RMB 150 mln in first round funding within seven days of its launch, according to Smartisan CEO Luo Yonghao on his Weibo microblogging account. Read More

JD.com Invests RMB 100 Mln in PaaS Provider BoCloud

IDCquan, 6/26/18

Suzhou-based Bona Xundong Software, operator of cloud service brand BoCloud, recently completed nearly RMB 100 mln in Series B+ funding from JD Cloud, Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) cloud service platform for developers and merchants, and JD.com's online financing and retail investment platform JD Finance. Read More

Voice Recognition Firm Sibichi Completes RMB 500 Mln Series D

36Kr.com, 6/26/18

Suzhou-based voice recognition technology provider Sibichi Information Technology (AISpeech) recently announced completion of a new RMB 500 mln round of funding led by Suzhou-based Oriza Holdings and China Minsheng Investment with participation by Shenzhen Capital Group, Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), and Taiwanese chipmaker MediaTek (MTK). Read More

Distributed Computing Platform Developer BeagleData Lands RMB 100 Mln Series D

The Beijing News, 6/13/18

Beijing-based distributed computing platform developer Tianyun Rongchuang Data Technology (BeagleData) recently announced the completion of RMB 100 mln in new funding in H1 2018, jointly led by Ally Capital and Meridian Capital. 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

Online Housing Rental Service Baletu Secures RMB 300 Mln Series C

36Kr.com, 5/10/18

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

Ant Financial Joins USD 350 Mln Round in Dockless Bike Share Service Hellobike

Tencent Tech, 12/04/17

Changzhou-based Youon Low Carbon Technology, operator of bike sharing app Hellobike, recently announced completion of USD 350 mln in Series D1 funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), Beijing-based electric car maker and new energy travel solutions provider WM Motor Technology, Chengwei Capital, and Tianjin-based bicycle maker Fushida Bicycle (Battle). Read More

Rumor: Online Radio Platform Qingting FM Wins RMB 1 Bln Series E Funding

Sansheng, 9/22/17

Shanghai-based Microphone Culture Media, operator of online and mobile radio platform Qingting FM, has reportedly completed more than RMB 1 bln in new funding, according to online news media outlet Sansheng. Read More