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Online Wedding Service Platform MarryMemo Secures USD 65 Mln Series C

36Kr.com, 3/19/18

Hangzhou-based Suncloud, operator of online and mobile one-stop wedding services platform Hunli Ji ("MarryMemo"), recently announced completion of USD 65 mln in Series C funding led by Orchid Asia Group Management with participation by Matrix Partners China and Fosun RZ Capital. Read More

Former Baidu Research Director's AI Startup Aibee Lands RMB 165 Mln Angel Round

Sina Tech, 1/16/18

Beijing-based Aibee Intelligent Technology, the AI industry solutions firm founded by Lin Yuanqing, former director at Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Baidu Research Institute, recently announced completion of RMB 165 mln in angel funding led by Fosun Kinzon Capital with participation by VCs and individual investors including ZhenFund, China Growth Capital, China Renaissance K2 Ventures (K2VC), Lenovo Capital and Incubator Group, Sequoia Capital, Yonghua Capital and Horizon Robotics. Read More

Alibaba Cloud Launches Government-facing Regional Economic Analysis Platform

Sina Tech, 12/07/17

Alibaba Cloud, the cloud computing arm of Alibaba Group (NYSE: BABA), has announced the launch of a "regional economy brain" to help governments fully analyze the operating circumstances of enterprises. Read More

Cloud Service Provider UCloud Raises RMB 960 Mln Series D

NetEase Tech, 3/29/17

Shanghai-based cloud service provider UCloud Information Technology has won RMB 960 mln in Series D funding from Oriza Holdings and CICC Alpha Investment Fund Management. Read More

Online Lifestyle Media and Education Platform 'Read at Ten' Wins RMB 60 Mln Series A

Ctsbw.com, 1/04/17

Xiamen-based Shidian Cultural Communication, operator of online and mobile lifestyle media and education platform "Read at Ten," has completed RMB 60 mln Series A funding led by Qingke Lingxie Investment Management, and with participation from Weiying Capital and SAIF Partners. Read More

Blood Pressure Monitor Maker 'Kangkang' Secures RMB 8-digit Series A+

Iyiou, 9/07/16

Beijing-based smart blood pressure monitor maker Kangkang Shengshi Information Technology recently completed RMB 8-digit Series A+ funding from undisclosed parties, revealed company chairman Zeng Mingfa. Read More

Ping An's Mobile Healthcare Subsidiary Secures USD 500 Mln Funding

Iyiou, 5/19/16

Shanghai-based Ping An Health Cloud, operator of mobile healthcare app Ping An Haoyisheng (Ping An Good Doctor), has announced the completion of USD 500 mln funding, giving the company a valuation of USD 3 bln. Read More

Qihoo CEO Pledges 10% Stake to Encourage Staff Entrepreneurship

iFeng Tech, 1/27/16

Zhou Hongyi, CEO of Chinese internet services and security software provider Qihoo 360, (NYSE: QIHU) recently announced at an annual company meeting that he will use a 10% stake in the company that he currently controls to recruit and reward future company partners, including technical leaders and core management personnel, to encourage entrepreneurship among Qihoo 360's employees. Read More

Pharmacy E-tailer 7Lekang Completes USD 9-digit Series B

Iyiou, 11/05/15

Guangzhou-based Qilekang Pharmaceutical Chain, operator of online B2C pharmacy platform 7Lekang, recently announced that it completed USD 9-digit Series B funding in October from undisclosed investors. Read More

LeTV to Invest HKD 6 Bln in Hong Kong TV Market over Next 3 Years

iFeng, 6/02/15

Chinese online video and internet TV content provider LeTV (Leshi) (300104.SZ) has announced that the company plans to invest HKD 6 bln on content production and copyright licensing in Hong Kong over the next three years. Read More