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Chinese wearable device manufacturer Huami Corporation (NYSE: HMI), an affiliate of Android device maker Xiaomi (1810.HK), today announced it is changing its name internationally to Zepp Health Corp and the ticker symbol of its American depositary shares listed on the NYSE to "ZEPP" to better reflect its deepening commitment to connecting health with technology, expansion of its current product portfolio, and its growth in serving the industrial healthcare technology market. Read More
Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. 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 data security management solutions provider Meichuang Technology recently announced the completion of new RMB 9-digit funding led by China Elite Capital with participation from Puhua Capital, Oriental Fortune Capital, and Leo DM. Read More
The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform Souche.com, recently sent an internal email revealing that the company has completed USD 578 mln in new funding led by Primavera Capital Group and Morningside Ventures with participation by Chinese internet conglomerate Alibaba (NYSE: BABA), Beijing-based Dreamfly Capital Management, Lingfeng Capital, Shenzhen-based Palading Equity Investment, ClearVue Partners, Russia-China Investment Fund, Sunshine Insurance Group, and CreditEase. Read More
Hangzhou-based cloud security services provider Cloudscreen Technology recently announced completion of RMB 20 mln in angel funding led by Northern Light Venture Capital (NLVC) Cloudscreen is a network security firm specializing in enterprise data security and has developed a variety of technologies covered by US and Chinese patents in the cloud security, network security, and data security domains. Read More
China's Ministry of Industry and Information Technology (MIIT) recently announced new three-year (2018-2020) implementation guidelines aimed at helping enterprises to adopt cloud-based business services. Read More
Cainiao Network Technology, the smart logistics company co-established by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and several other firms, recently said that its delivery staff star-rating system has been adopted by five major Chinese express delivery firms including YTO Express (600233.SH), ZTO Express (NYSE: ZTO), Shentong Express, Best Express (NYSE: BSTI), and Tian Tian Express. Read More
China Pacific Life Insurance, a subsidiary of China Pacific Insurance Group (2601.HK) (601601.SH), recently invested approximately RMB 1.6 bln in Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), according to information released by the Insurance Association of China. Read More
Hangzhou-based Chongcheng Technology, operator of mobile pet health insurance platform Pet City, announced today that it has won RMB 7-digit strategic funding from Hangzhou-based pet product technology developer Shunchong. Read More