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As China's domestic economy maintained its gradual recovery, capital markets for Chinese internet startups also remained relatively stable in Q3 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 6.22 bln, down 8.9% QoQ and 39.0% YoY, according to Chinese government data. Read More
Driven by the continued recovery of China's economy and looser liquidity, capital markets for Chinese internet startups rebounded strongly in Q2 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 6.52 bln, up 37.0% QoQ but down 18.4% YoY, according to Chinese government data. Read More
As the COVID-19 pandemic battered both domestic and overseas economies, capital markets for Chinese internet startups tightened dramatically in Q1 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 5.09 bln, down 28.1% QoQ and 36.3% YoY, according to Chinese government data. Read More
JD Health, the healthcare subsidiary of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD), officially launched the iOS version of its mobile app today. Read More
Against a backdrop of increased domestic and international economic pressure, capital markets for Chinese internet startups saw a major tightening in Q4 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 6.84 bln, down 32.3% QoQ and 51.5% YoY, according to Chinese government data. Read More
Capital markets for Chinese internet startups began to warm again in Q3 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 9.63 bln, up 15.1% QoQ, but down 38.3% YoY, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Capital markets for Chinese internet startups tightened further in Q2 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 8.1 bln, up 3.8% QoQ, but down 70.8% YoY, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Suzhou-based smart customer service system developer Yinengtong Information Technology (Kavenir) recently completed RMB 8-digit Series A funding. Read More
Shanghai-based smart animal husbandry technology company Ruixu Electronic Technology ("Smart AHC") recently won RMB 8-digit Series A funding from Kuandai Huizhi Investment Management and Dalu Capital. Read More
Hangzhou-based Chuiyi Network Technology, operator of subscription men's apparel service "Champzee," recently completed Series A3 funding led by Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), with participation from China Broadband Capital's Chenshan Fund. Read More