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Professional SNS app Maimai, operated by Beijing-based Taoyou Tianxia Technology Development, has completed USD 200 mln in Series D funding led by DST Global and with participation from previous investors IDG Capital Partners, Morningside Ventures, and DCM Ventures. Read More
Chengdu-based Xinchao Media Group, developer of O2O life services app Xinchao Xiaoqu and operator of an LED ad network, has won a RMB 2 bln investment from Chengdu High-Tech Park Industry Guiding Fund. Read More
Beijing-based IT management visualization solutions provider Uinnova Technology recently said that it completed RMB 120 mln in Series B funding from Yunfeng Capital at the end of 2017. Read More
PC and mobile online game developer and operator Giant Network Group (002558.SZ) and its wholly owned subsidiary Giant Investment (HK) will participate in Series C+ funding for Bennet Holding, operator of housing rental platform Mogo Room. Read More
Beijing-based Kuaishuashua Information Technology, operator of power bank rental service Aneak, recently announced completion of more than RMB 500 mln in Series A funding from investors including Will Hunting Capital, Shenzhen-based vehicle-mounted video screen network operator Longfan Media, senior managers at Focus Media Group (002027.SZ), and government industry development funds. Read More
Chengdu-based Xinchao Media Group, developer of O2O life services app Xinchao Xiaoqu and operator of an LED ad network, has completed RMB 1 bln in funding from four RMB-denominated publicly listed companies, according to an announcement from founder Zhang Xuxue. Read More
Chongqing-based Checheying Network Technology, operator of smart LED display platform for vehicles Lunubao, recently announced the completion of RMB 30 mln in pre-Series A funding from Chongqing Co-harvest Equity Investment Fund Management and Dongfeng Xiaokang Industry Fund. Read More
Alibaba Sports, a subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently confirmed that it has begun soliciting Series A funding, and that it is looking to sell a 15% equity stake to raise RMB 1.235 bln at an RMB 7 bln valuation. Read More
Chinese sports and e-sports event organizer Hero Sports Management, a subsidiary of Hero Interactive Technology (430127.NEEQ), has completed a RMB 640 mln funding round from Chinese digital media group Focus Media Holding (002027.SZ), DMG Cultural Industrial Fund and Yongtong Fund, among others. Read More
Shenzhen-based Liuchi Technology, operator of mobile shuttle bus service app Dada Bus, recently announced that it has completed nearly RMB 200 mln in Series B funding from investors including Northern Light Venture Capital (NLVC) and Beijing-based Jingqiao Capital. Read More