Searching for "Innovation Works"
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Alibaba Group's (NYSE: BABA) Alibaba Digital Media and Entertainment Group has announced that its subsidiary online video site Tudou will be completely transformed into a short-video platform, and will be led by He Xiaopeng, president of Alibaba Digital Media and Entertainment Group's mobile business division. Read More
Shanghai-based mobile and browser game developer and publisher Shinezone Network recently announced completion of RMB 400 mln Series B funding from China Fortune Securities, Bank of Ningbo, Shanshan Venture Capital, Jiuyou Fund, Nord Engine Asset Management Group, and Hi-Tech Venture Capital Group (HTVC). Read More
Shanghai-based animation production firm Huijie Culture Communication (Haoliners Animation) recently announced completion of RMB 9-digit funding from Chinese internet and mobile services firm Tencent (0700.HK) and Wutongshu Investment. Read More
Beijing-based Zhizhe Tianxia Technology, operator of Q&A site Zhihu.com, has announced the completion of USD 100 mln Series D funding from Capital Today, and existing Zhihu shareholders including Tencent (0700.HK), Sohu's (Nasdaq: SOHU) online search subsidiary Sogou, SAIF Partners, Qiming Information Technology, and Innovation Works. Read More
Beijing-based Moji Fengyun Technology, developer of mobile weather app Moji Weather, has submitted a prospectus for listing on the Shenzhen Stock Exchange's ChiNext growth enterprise board, where Moji plans to sell up to 25% of its total equity. Read More
Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) is reportedly in talks to buy Beijing-based Zhuoyi Xunchang Technology, operator of Android mobile app store Wandoujia, for USD 200 mln, according to a person familiar with the matter. Read More
Beijing-based Zhizhe Tianxia Technology, operator of online Q&A community Zhihu.com, has reportedly completed Series C funding of approximately USD 50 mln, giving the company a post-transaction valuation of between USD 300-400 mln, according to sources familiar with the matter. Read More
Beijing-based Dami Technology, operator of one-on-one English education website for children Vipkid, announced recently that it has completed USD 20 mln Series B funding led by Northern Light Venture Capital (NLVC), with participation by Chinese venture capital firms Matrix Partners China, Innovation Works, and Sequoia Capital. Read More
Chang Cheng, a senior executive at online-only retailer ShenQi (also previously referred to as Fancy Maker), a subsidiary of Chinese consumer electronics manufacturer Lenovo (0992.HK), has revealed on his personal Weibo microblogging account that "there is no better investment than the acquisition of Mobile Android app store Wandoujia by the Lenovo App Store." Read More
Beijing Shijie Hexin Network Technology, operator of mobile SNS app Blink ("Kuai Kan"), recently completed USD 20 mln Series A funding from Chinese internet firm Tencent (0700.HK), Sequoia Capital, Innovation Works, and ZhenFund. Read More