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Animal Husbandry Smart Management Solutions Firm Ruixu Wins RMB 8-digit Series A
36Kr.com, 9/26/18
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
Tmall, Jingu and Kangzhong Jointly Form Auto Aftermarket Service Firm
Sina Tech, 8/23/18
Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall recently announced that its automotive division will form an aftermarket joint venture with Zhejiang-based wheel and tire manufacturer Jingu's (002488.SZ) subsidiary car care platform Qiche Chaoren ("Car Superman") and Jiangsu-based Kangzhong Industry Investment's auto parts B2B e-commerce platform Carzone. Read More
Offline Stores to Adopt JD Daojia's Self-service Cashier System
Pintu, 7/19/18
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) O2O local life services app JD Daojia recently announced that its self-service checkout system "Qingsong Gou" (literally "Easy Buy") will be supported by more than 100 partnering retailers including Lvdi Jing Xuan, Fuban, and Xianfeng Shuiguo, covering more than 2,000 offline stores in 30 cities including Beijing, Shanghai, Shenzhen, Shijiazhuang, Yangzhou, Fujian, and Ningbo. Read More
Enterprise Cloud Service Provider Huayun Raises RMB 1 Bln in Pre-IPO Funding
PC Online, 6/11/18
Wuxi-based enterprise cloud service provider Huayun Group (formerly Huayun Data Technology Services) has completed RMB 1.0 bln in pre-IPO funding, according to an announcement from chairman and CEO Xu Guangbin. Read More
Tencent Forms HK Finance Academy and Guangdong-HK-Macau Fintech Lab
iFeng Tech, 6/06/18
Chinese internet conglomerate Tencent (0700.HK) announced the formation of the Tencent Financial Academy (Hong Kong) and Guangdong-Hong Kong-Macau Greater Bay Area Fintech Lab at a forum cohosted by Tencent and the HK Science and Technology Park. Read More
Sinovation Venture's New AI Solutions Firm Wins RMB 100 Mln Angel Funding
NetEase Tech, 5/22/18
Chinese technology-focused venture capital firm Sinovation Ventures recently announced that it has formed a new AI solutions firm called Chuangxin Qizhi Technology, which will focus on applying AI technologies in new retail, manufacturing, and insurance industry scenarios under a "technology products + industry scenarios" dual-driver model. Read More
Online Housing Rental Service Baletu Secures RMB 300 Mln Series C
36Kr.com, 5/10/18
Shanghai-based Wanjian Information Technology, operator of online and mobile housing rental services platform Baletu.com, has announced the completion of RMB 300 mln in new funding led by Tiantu Capital, with participation by Series B lead investor DCM Ventures and other previous investors. Read More
Alipay Pilots Government-certified Digital ID Card in Three Cities
Techweb, 4/17/18
"Online functional proof of citizen identity" certified by the trust identity verification platform of the first research institute of China's Ministry of Public Security has appeared for the first time in Chinese third-party payment processor Alipay with Quzhou, Hangzhou, and Fuzhou selected as the trial locations. Read More
China's SART Orders Closure of Bytedance's Joke Sharing Platform
TechWeb, 4/11/18
China's National Radio and Television Administration (NRTA) has announced that while overseeing the rectification work of online and mobile news platform Today's Headlines, it has discovered obvious problems of vulgar and misguided content on affiliate brand Neihan Duanzi's mobile app and related official account on Tencent's (0700.HK) WeChat mobile messaging app. Read More
Today's Headlines Invests in 3D-to-2D Cartoon Producer Shengying Animation
Investide, 3/06/18
Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, recently invested in Beijing-based cartoon and animation firm Shengying Animation Technology, according to business registration papers filed by Bytedance Technology subsidiary Shanxing Technology. Read More
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