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Tencent Leads USD 820 Mln Series C Funding of Humanoid Robot Maker UBTech
DoNews, 5/03/18
Shenzhen-based smart home robot developer UBTech Robotics recently announced completion of USD 820 mln in Series C funding and said that it is now valued at approximately USD 5 bln. Read More
Tencent Leads Pre-IPO Funding of News and Video Aggregation App 'Fun Headlines'
PE Daily, 3/15/18
Jifen Culture Communication, the Shanghai-based developer of mobile news and video aggregation app "Qutoutiao" (literally "Fun Headlines"), recently completed a pre-IPO funding round of over USD 100 mln led by Chinese internet conglomerate Tencent (0700.HK) at a valuation of between USD 1.3 and 1.5 bln. Read More
Mobile Car-focused Life Services Platform Chelun.com Wins RMB 100 Mln Series C+
Huanqiu, 12/02/16
Shanghai-based Yidian Shikong Network, operator of automobile-focused life services platform Chelun.com, recently announced completion of RMB 100 mln Series C+ funding from investors including Hanfor Capital Management. Read More
Mobile Chauffeur App E Daijia Reaches Profitability in June
Lieyunwang, 7/21/16
Beijing-based Yixin Yixing Automotive Technical Development Services, operator of mobile chauffeur service app E Daijia, has announced that the platform reached profitability in June, but did not reveal how much profit the company made. Read More
Rumor: MIIT to Forbid Non-telcos from Providing Free Enterprise Voice Calling
Sina Tech, 6/22/16
China's Ministry of Industry and Information Technology (MIIT) will reportedly forbid parties who are not licensed telecom operators from offering free enterprise voice calling services, according to a source close to the matter. Read More
Mobile Chauffeur App E Daijia Lands USD 100 Mln Series D
Lieyunwang.com, 5/06/15
Beijing-based Yixin Yixing Automotive Technical Development Service, operator of mobile chauffeur service app E Daijia, has landed USD 100 mln Series D financing valuing the company at USD 800 mln. Read More
Xiaomi to Introduce Mobile Callback Dialing App
Sohu, 11/28/14
Beijing-based Android device maker Xiaomi will soon unveil a free calling service, LiveTalk ("Xiaomi Changliao"), according to an industry source. Read More
Rumor: China Mobile, Alibaba Partner on Fetion Operation
Tencent Tech, 10/24/14
According to an industry source, China Mobile (NYSE: CHL; 0941.HK) and Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) are planning to establish a joint venture entity responsible for operation of China Mobile's Fetion mobile messaging platform. Read More
YiChat Mobile IM User Base Exceeds 30 Mln
Securities Times, 10/30/13
Mobile instant messaging application YiChat ("Yixin"), jointly developed by China Telecom (NYSE: CHA; 0728.HK) and Netease (Nasdaq: NTES), has reached a user base of 30 mln in the two months following the app's release, according to YiChat operating company Zhejiang Yixin Technology. Read More
Alibaba Announces Free Mobile Data for Alibaba Apps
36Kr, 10/30/13
Chinese e-commerce conglomerate Alibaba Group today launched a free mobile data plan for users of the company's mobile apps. Read More
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