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China's Mobile Data Consumption Up 107% YoY in Jan-Jun 2019

MIIT, 7/24/19

China's mobile data consumption during the first six months of 2019 increased over 107% YoY, according to newly released statistics from the country's Ministry of Industry and Information Technology (MIIT). Read More

Fighting Robot Developer GJS Raises RMB 100 Mln Series B

36Kr.com, 9/20/18

Shenzhen-based fighting robot developer Gongjiangshe Technology recently announced completion of RMB 100 mln in Series B funding led by Guangkong Zhongying Capital with participation by Whales Capital Holdings and prior-round investor Shanghai-based Volcanics Venture. Read More

Zhang Yimou's VR Entertainment Firm Sky Limit Secures RMB 9-digit Pre-A

DoNews, 6/21/18

Beijing-based entertainment company Danghong Qitian International Culture Development (Sky Limit Entertainment) recently announced completion of RMB 9-digit pre-Series A funding led by Shenzhen-based OCT Culture Group with participation by Mango Culture and Innovation Private Equity Fund. 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

Semantic Interaction Solutions Provider Qiwu Completes RMB 50 Mln Series A

36Kr.com, 6/06/18

Shenzhen-based Renma Interactive Technology, operator of semantic interaction solutions brand Qiwu, recently announced completion of RMB 50 mln in Series A funding led by Shanghai-based Beiyue Industry with participation by an investment fund managed by Lihe Zaiwu Venture Capital (Leaguer VC), game developer Boyaa Interactive (0434.HK), Youmi Mobile Technology (834156.NEEQ), Zhongtong Capital, and individual investors Dai Zhikang and Xu Shandan. Read More

Alibaba Wholly Acquires CPU IP Core Chip Maker C-SKY Microsystems

Lanjing TMT, 4/20/18

Chinese internet conglomerate Alibaba Group (NYSE: BABA) announced today the full acquisition of mainland China's only embedded CPU IP Core company C-SKY Microsystems at an undisclosed price. Read More

Panda Breeding Center, China Mobile's Migu Ally on Panda-themed IP Operations

People's Posts and Telecommunications News, 3/29/18

Chengdu Giant Panda Breeding Research Base and telecom operator China Mobile's (NYSE: CHL; 0941.HK) new media subsidiary Migu Culture Technology recently announced plans to cooperate on panda-themed intellectual property operations. Read More

WeChat Applet-based Game "Tiao Yi Tiao" Begins Soliciting Brand Advertisers

Tencent, 3/15/18

Chinese internet company Tencent's (0700.HK) WeChat applet-based game "Tiao Yi Tiao" (literally "Jump Jump") recently announced that it is officially recruiting merchant advertising partners. 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

Alibaba Leads Investment in U.S. AI Chip Designer Kneron

36kr.com, 11/15/17

U.S.-based artificial intelligence chip designer Kneron recently completed Series A funding of over USD 10 mln led by Alibaba Entrepreneurs Fund with participation from Taiwanese display device manufacturer Himax Technologies, CDIB Capital, chipmaker Qualcomm, Beijing-based mobile intelligent terminal operating system, products and technology provider Thunder Software Technology (300496.SH), Sequoia Capital, and Chuangye Bang Angel Fund. Read More