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Q&A Site Zhihu Completes USD 100 Mln Series D

Sina Tech, 1/12/17

Beijing-based Zhizhe Tianxia Technology, operator of Q&A site Zhihu.com, has announced the completion of USD 100 mln Series D funding from Capital Today, and existing Zhihu shareholders including Tencent (0700.HK), Sohu's (Nasdaq: SOHU) online search subsidiary Sogou, SAIF Partners, Qiming Information Technology, and Innovation Works. Read More

Wandoujia Secures USD 120 Mln Funding from Softbank

iFeng Tech, 1/13/14

Cui Jin, co-founder of mobile Android app store Wandoujia, has announced that the company has landed USD 120 mln in funding led by Japanese telecom and media company Softbank Corporation, with participation from DCM and Innovation Works Development Fund (IWDF), among others. Read More

Google Greater China President Resigns

Sina Tech, 7/15/13

US tech giant Google announced today that John Liu, the company's VP and Greater China President, has resigned. Read More

Anquanbao Lands Second-Round Funding

Sina Tech, 10/30/12

Kai-fu Lee, chairman and CEO of Beijing-based incubator Innovation Works, revealed today that Xingyun Rongchang (Anquanbao.com), the online security solutions developer in whose first round of funding Innovation Works invested, recently completed a second round of funding led by Northern Light Venture Capital (NLVC), with investment from Innovation Works. Read More

Innovation Works Invests in LeTV Smart TV

Financial Weekly, 9/24/12

Kai-fu Lee, chairman and CEO of Beijing-based incubator Innovation Works, has announced the company's investment in online video and Internet TV firm LeTV (Leshi) (300104.SZ). Read More

61 Chinese IT Entrepreneurs Team Up Against Citron

Information Times, 9/05/12

A group of 61 Chinese IT entrepreneurs including current and former Google and Microsoft executives led by Kai-fu Lee, chairman and CEO of Beijing-based incubator Innovation Works, has established the website Citronfraud.com, arguing that Citron's modus operandi is to select legal corporations with only minor or no issues as attack targets, and make false allegations that cannot be verified by its US readership. Read More

WI Harper, Innovation Works Invest in Leiyoo

Netease Tech, 12/20/11

WI Harper Group today announced that the Innovation Works Development Fund, which is jointly administered by Innovation Works and WI Harper, will invest in Beijing-based mobile game developer and operator Leiyoo. Read More

Innovation Works Invests in Web Security Start-Up Anquanbao

Sina Tech, 10/31/11

Kai-fu Lee, chairman and CEO of Beijing-based incubator Innovation Works, announced yesterday that Innovation Works had invested in Xingyun Rongchuang (Anquanbao.com), a Beijing-based cloud security solutions developer. Read More

Mobile App Developer Tongbu Lands 8-Digit RMB Funding

Tencent Tech, 10/20/11

Kai-fu Lee, chairman and CEO of Beijing-based incubator Innovation Works, and Mike Cai, chairman of Chinese browser game site 4399.com, have acquired a 40% stake in Xiamen-based mobile app developer Tongbu Mobile (Tongbu.com) for an eight-digit RMB sum. Read More

ChinaCache Invests RMB 30 Mln in Innovation Works

ChinaCache, 8/31/11

Chinese content delivery network (CDN) service provider ChinaCache (Nasdaq: CCIH) today announced it has established a strategic partnership with Beijing-based incubator Innovation Works' Innovation Works Development Fund (IWDF) and Chinaparallel Fund. Read More