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Xiaomi Forms Independent Handset Camera Department

NetEase Tech, 5/14/18

Lei Jun, founder of Chinese Android device maker Xiaomi, recently sent an internal companywide email stating that as user performance requirements for mobile phone cameras continue to increase, Xiaomi will set up an independent camera department within its handset business division, to help raise Xiaomi's handset camera quality to world-class levels. Read More

Personal Hygiene Bathroom Appliance Maker Soocare Raises RMB 100 Mln Series B

36Kr.com, 3/06/18

Shenzhen-based smart toothbrush maker Sukeshi Technology (Soocare) recently completed nearly RMB 100 mln in Series B funding led by Cathay Capital with participation from Shunwei Capital Partners, the VC firm founded by Android device maker Xiaomi's CEO Lei Jun. Read More

Self-driving Car Startup Momenta Secures USD 46 Mln Series B

Sina Tech, 7/20/17

Beijing-based self-driving automobile solutions provider Chusudu Technology (Momenta) recently received USD 46 mln in Series B funding led by NIO Capital, with participation from automobile conglomerate Daimler Group, Shunwei Capital, Sinovation Ventures, and Unity Ventures. Read More

Baidu, Xiaomi, Qihoo 360 Invest in Anti-Fraud Solutions Provider Nextdata

Lieyunwang, 3/02/17

Beijing-based anti-fraud solutions provider Shumei Times Technology (Nextdata) recently announced completion of USD 10 mln in Series A funding from Shunwei Capital Partners, Crystal Stream, internet company Baidu's (Nasdaq: BIDU) VC arm Baidu Ventures, and internet services and security software provider Qihoo 360. Read More

Plaza Dancing Instruction Platform 'Sweet Bean Square Dance' Lands Series B

iYiou, 10/13/16

Beijing-based Mengzhichuang Digital Technology, operator of online and mobile plaza dancing video instruction platform Tangdou Guangchangwu (literally "Sweet Bean Square Dance"), raised USD 15 mln Series B funding in September led by Shunwei Capital, the venture capital firm co-founded by Chinese Android device maker Xiaomi's CEO Lei Jun, and with participation from Legend Capital, Engage Capital, and Redpoint Ventures, revealed Tangdou Cuangchangwu found Zhang Yuan. Read More

Lakala to Backdoor List on Shanghai Exchange via 'Tibet Tourism' Shell

Tencent Tech, 2/05/16

Tibet Tourism (600749.SH) has announced a plan to wholly-acquire Beijing-based e-payment service provider Lakala through issuance of stock and cash payments to the 46 individuals and companies who currently hold equity. Read More

Mobile Vehicle Financing Service 'Shenma Financial' Wins USD 8-digit Series A

36Kr.com, 11/03/15

Shanghai-based mobile vehicle financing platform operator Shenma Online Financial Information Service ("Shenma Financial") recently received RMB 8-digit Series A funding led by Frees Fund, with participation from Shunwei Capital, the venture capital firm co-founded by Chinese Android device maker Xiaomi's CEO Lei Jun. Read More

Xiaomi Releases New MIUI 7 Smartphone Operating System

Sina Tech, 8/13/15

Beijing-based Android device maker Xiaomi recently announced its all-new MIUI 7 mobile operating system, which is now available as an upgrade for all Xiaomi mobile phones, including the Xiaomi 2/2S/3/4, Xiaomi Note, Redmi, and Redmi Note series. Read More

Former DST China Partner Shou Zi Chew Joins Xiaomi as CFO

Sina Tech, 7/01/15

Lei Jun, chairman and CEO of Xiaomi Technology, announced via his personal microblog that Shou Zi Chew (Zhou Shouzi), former partner for Russian-based investment group Digital Sky Technologies (DST) in China, has joined Xiaomi as CFO. Read More

Xiaomi Invested RMB 1.8 Bln in its Content Business Since November 2014

DoNews, 6/10/15

Lei Jun, Chairman and CEO of Xiaomi Technology, revealed in a recent press conference that the Chinese Android device maker has invested RMB 1.8 bln in the content business industry chain since November 2014. Read More