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Rumor: Bitcoin Mining Chip Maker Bitmain Lands USD 1 Bln Funding

Sina Tech, 7/16/18

Beijing-based Bitcoin mining hardware maker Bitmain Technologies is reportedly in the process of raising USD 1 bln in new funding and funds are expected to be in place by the end of July, according to IT media outlet TouchWeb. Read More

Mobile Bike Sharing App Ofo Raises USD 450 Mln Series D

Sina Tech, 3/01/17

Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, said today that it has completed USD 450 mln Series D funding, equivalent to RMB 3.1 bln. Read More

Rumor: Used Car Auction Website 'Uxin' Raises USD 400 Mln Series D

Ebrun, 1/22/16

Beijing-based used car electronic auction service provider Youxin Internet Information Technology (Uxin) recently completed more than USD 400 mln Series D funding, with Series B investors Tiger Global and Warburg Pincus contributing USD 200 mln of this sum, and Taikang Life Insurance also participating, according to a source at an investment firm close to the matter. Read More