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Beijing-based IT management visualization solutions provider Uinnova Technology recently said that it completed RMB 120 mln in Series B funding from Yunfeng Capital at the end of 2017. Read More
PC and mobile online game developer and operator Giant Network Group (002558.SZ) and its wholly owned subsidiary Giant Investment (HK) will participate in Series C+ funding for Bennet Holding, operator of housing rental platform Mogo Room. Read More
Alibaba Sports, a subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently confirmed that it has begun soliciting Series A funding, and that it is looking to sell a 15% equity stake to raise RMB 1.235 bln at an RMB 7 bln valuation. Read More
Beijing-based medical equipment developer China Resources Wandong Medical Equipment (6000055.SH) has announced a plan to raise RMB 880 mln in funding through a private offering of an additional 24.96 mln shares to 7 designated investors. Read More
Google launched its DoubleClick Ad Exchange advertising exchange platform in China today, enabling real-time transactions between ad networks, ad agents, and online ad publishers. Read More
An industry source claims that Hangzhou-based e-commerce company Alibaba has reached an agreement with Beijing-based internet firm Sohu (Nasdaq: SOHU) to establish a subsidiary for joint development of Sohu's Sogou search engine. Read More