Searching for "crowdfunding"
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Chinese microblogging platform Weibo (Nasdaq: WB), a subsidiary of Sina (Nasdaq: SINA), recently announced that in order to ensure the accuracy and reliability of hot search term and trending topic rankings, it will strengthen enforcement of its rules against manipulating search results and discussion topic rankings and will penalize the direct beneficiaries of such practices. Read More
Nanjing-based Banghang Investment Management, operator of mobile rent installment platform 58 Fangdai, recently announced completion of RMB 300 mln in Series E funding led by Mingdao Jinkong. Read More
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) online financing and retail investment platform JD Finance recently set up its first venture capital fund for early-stage investments in the consumption domain, called Qianshu Fund. Read More
Nanjing-based Banghang Investment Management, operator of mobile rent installment payment platform 58 Fangdai, has completed RMB 8-digit Series D+ funding led by Chinese conglomerate Shuangliang Group. Read More
The State Council, China's cabinet, has issued remedial regulations specifically targeting internet financial risk that must be implemented before the end of March 2017. Read More
Hangzhou-based Buyi Network Technology, operator of online and mobile rewards-based crowdfunding platform Kai Start, has announced its completion of RMB 100 mln Series B funding led by PC and mobile online game developer and operator Kunlun Technology (300418.SZ), and with participation from Daosen Capital and Qingcong Capital. Read More
China recently initiated remediation work to address problems in the online finance industry, and during this period all Chinese provinces will temporarily suspend registration services for enterprises containing finance-related words in their names or business scope descriptions, according to online media outlet Caixin, citing multiple sources close to the matter. Read More
Online financing and retail investment platform JD Finance, a subsidiary of Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD), is reportedly preparing a RMB 5 bln Series A funding round with a target domestic IPO in 2017. Read More
China's Central Bank and Association of China Internet Financial Industry have jointly developed a preliminary system for the monitoring of online finance statistics, according to an announcement by Sheng Songcheng, department head of survey and statistics at the People's Bank of China. Read More
Shenzhen-based smart product developer Xiaopu Future Technology has announced the release of a cloud healthy toilet solution. Read More