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Baidu Posts Q1 2019 Net Loss of RMB 327 Mln
Baidu, 5/16/19
Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More
JD.com Invests RMB 618 Mln for 5% Stake in Industrial Automation Firm CSG
CSG Smart Science, 7/13/18
Shanghai-based industrial automation firm CSG Smart Science and Technology (300222.SZ) recently announced that Huang Mingsong, the company's controlling shareholder and actual controlling party, signed a share transfer agreement with Suqian Jingdong Xinsheng Enterprise Management, an affiliate of Chinese B2C e-commerce platform JD.com (Nasdaq: JD), on July 12, 2018. 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
NLVC, Foxconn Lead RMB 140 Mln Investment in Smart Lock Maker Youdian
iFeng Tech, 5/29/18
Shenzhen-based Youdian Technology, which makes smart locks for home appliance and Internet of Things products, has announced the completion of RMB 140 mln in Series A funding, led by Northern Light Venture Capital (NLVC), with participation by Foxconn and other investors. Read More
Sinovation Venture's New AI Solutions Firm Wins RMB 100 Mln Angel Funding
NetEase Tech, 5/22/18
Chinese technology-focused venture capital firm Sinovation Ventures recently announced that it has formed a new AI solutions firm called Chuangxin Qizhi Technology, which will focus on applying AI technologies in new retail, manufacturing, and insurance industry scenarios under a "technology products + industry scenarios" dual-driver model. Read More
AI Interactive Systems Developer Trio.ai Completes RMB 110 Mln Series B
PE Daily, 5/15/18
Ma Yuchi, founder of Beijing-based artificial intelligence interactive systems developer Tricorn Technology (Trio.ai), recently announced that the company has completed RMB 110 mln in Series B funding from investors including Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), Beijing-based Hanfor Capital Management, China Minsheng Investment, and Guangju Technology Ventures (Xiamen Torch Group). Read More
Smart Companion Robot Maker Xiaoyuer Raises Series C from Baidu, Foxconn
Tencent Tech, 4/03/18
Beijing-based Xiaoyuer Technology, developer of smart companion robot product AI Nemo, recently announced completion of Series C funding led by Chinese internet conglomerate Baidu (Nasdaq: BIDU) with participation by Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW). Read More
Didi Chuxing, Chinese Government Sign Credit Information-sharing Agreement
China News, 3/07/18
China’s National Development and Reform Commission (NDRC) and Chinese taxi booking and car hire service app Didi Chuxing recently signed a credit information sharing agreement and launched a credit-based incentives program for Didi Chuxing travelers. Read More
Smartphone, PC ODM Huaqin Telecom Wins RMB 870 Mln Series A
PE Daily, 12/28/17
Shanghai-based mobile phone developer and manufacturer Huaqin Telecom Technology has announced completion of RMB 870 mln in Series A funding led by Intel Capital and Hua Capital with participation by Beijing-based Qingkong Jinxin Capital Management, Summitview Capital, Walden International, Northern Light Venture Capital (NLVC), and Zhilu Capital. Read More
Power Bank Maker Xiaodian Taps Foxconn, BYD for Power Bank Production
Tencent Tech, 7/18/17
Beijing-based Yidianyuan Network Technology, operator of smart power bank brand Xiaodian, recently announced a strategic partnership with Taiwanese electronics manufacturer Foxconn and battery and handset component manufacturer BYD Company (1211.HK) focusing on power bank production. Read More
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