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STEAM Education Solutions Provider Makeblock Wins RMB 300 Mln Series C

36Kr.com, 8/30/18

Shenzhen-based Maker Works Technology, developer of STEAM (Science, Technology, Engineering, Arts, and Math) education solutions provider Makeblock, has announced the completion of RMB 300 mln in Series C funding led by CICC Alpha Investment Fund Management, with participation by Yuexiu Industry Investment Management, GX Capital and Lang Ma Feng VC. Read More

iFlytek, Chinese Government to Jointly Build AI-based Translation Platforms

China.com, 6/20/18

Chinese voice recognition software firm iFlytek (002230.SZ) and the China Foreign Languages Publishing Administration have signed a strategic cooperation agreement to jointly promote the application of AI technologies in the field of translation by cooperating in various areas including the sharing of resources, technology and capital. 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

Children's Reading App 'Koala Reading' Raises USD 8-digit Series A

36Kr.com, 12/05/17

Beijing-based Xiangyue Education Technology, developer of mobile children's reading app Koala Reading, recently announced the completion of USD 8-digit Series A funding from Qiming Venture Partners and Granite Global Ventures. Read More

Hangzhou Launches Sesame Credit-based Online Smart Housing Rental Platform

ChinaNews, 9/29/17

The city of Hangzhou has begun trial operation of a housing rental monitoring and services platform that combines the management system of the "Hangzhou Second-hand Housing Trading Oversight Services Platform" and an evaluation system covering multiple dimensions at multiple stages from before, during, and after rental. Read More

Weibo, Kuyun to Launch Real-time Video Program Evaluation System

Sohu.com, 7/17/17

Beijing-based television value-added service provider Kuyun Interactive Technology has announced a partnership with Chinese microblogging platform Weibo (Nasdaq: WB) to release a social, interactive, and real-time video program evaluation system called "Weibo Shishi Bang." Read More

China Promulgates Rules for Evaluation of Online Literature Organizations

SAPPRFT, 6/27/17

China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) recently announced new rules for evaluating the social benefits produced by organizations offering online literature publication services. Read More

Alibaba Group Launches Enterprise Credit Rating Search Platform

Tech.huanqiu.com, 2/15/17

Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) has launched an enterprise credit rating and business information search platform Cheng Xin. Users who register on the platform can look up the credit rating and related information of a business by entering its name or that of its legal representative. Read More

China Announces New Requirements for Online News and Information Websites

CAC, 8/17/16

The Cyberspace Administration of China held a meeting yesterday in Beijing to discuss websites' responsibilities for managing the security of online information, and subsequently announced several new requirements for websites that provide online news and information services. Read More

JD Finance Launches Online Cash Lending Service 'Jintiao'

TechWeb, 3/27/16

JD Finance, the online financing and retail investment platform operated by Chinese B2C e-commerce platform JD.com (Nasdaq: JD), recently launched its first online cash lending product, "Jintiao." Read More