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Alibaba Leads USD 300 Mln Round in Overseas Travel and Shopping SNS App 'Little Red Book'

The Beijing News, 5/31/18

Xingyin Information Technology, operator of overseas travel and shopping SNS app Xiaohongshu.com (Little Red Book), recently made an internal announcement that the company has completed USD 300 mln in new funding led by Chinese internet conglomerate Alibaba Group (NYSE: BABA) with participation by GSR Ventures, Tencent Investment, Granite Global Ventures, Genesis Capital (Yuansheng Capital), Tiantu Capital, ZhenFund, and K11 Art Foundation founder Adrian Cheng, according to a source at the company speaking with online media outlet The Beijing News. Read More

Former Baidu Research Director's AI Startup Aibee Lands RMB 165 Mln Angel Round

Sina Tech, 1/16/18

Beijing-based Aibee Intelligent Technology, the AI industry solutions firm founded by Lin Yuanqing, former director at Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Baidu Research Institute, recently announced completion of RMB 165 mln in angel funding led by Fosun Kinzon Capital with participation by VCs and individual investors including ZhenFund, China Growth Capital, China Renaissance K2 Ventures (K2VC), Lenovo Capital and Incubator Group, Sequoia Capital, Yonghua Capital and Horizon Robotics. Read More

Tencent, Sequoia Lead USD 200 Mln Funding in Online English Learning Platform Vipkid

Jiemodui, 8/23/17

Beijing-based Dami Technology, operator of online and mobile one-on-one children's English language education platform Vipkid, has secured USD 200 mln in Series D funding led by Sequoia Capital and internet and mobile services firm Tencent (0700.HK), and with participation from Yunfeng Capital, Matrix Partners China, ZhenFund, and ZTwo Capital. Read More

Self-driving Car Startup Momenta Secures USD 46 Mln Series B

Sina Tech, 7/20/17

Beijing-based self-driving automobile solutions provider Chusudu Technology (Momenta) recently received USD 46 mln in Series B funding led by NIO Capital, with participation from automobile conglomerate Daimler Group, Shunwei Capital, Sinovation Ventures, and Unity Ventures. Read More

Imported Near-expired Food M-commerce App 'Scan Goods' Wins Pre-A Funding

36Kr.com, 7/02/17

Shanghai-based Dingfan Import and Export Trading, operator of imported, near-expired food m-commerce app Saohuo (literally "Scan Goods"), recently completed RMB 20 mln in pre-Series A funding from Tencent Crowd-Entrepreneur Space, ZhenFund, and PreIPO Capital. Read More

Online Stock Trading Platform 'Tiger Brokers' Wins RMB 100 Mln Series B+

Jiemian, 3/22/17

Beijing-based Xiangshang Rongke Technology Development, operator of online stock trading platform Tiger Brokers, recently announced completion of RMB 100 mln Series B+ funding led by China Growth Capital with participation from ZhenFund. Read More

Intelligent Video Analytics Firm 'Intellifusion' Completes Series A Funding

The Beijing News, 3/15/17

Shenzhen-based intelligent video analytics software developer Yuntian Lifei Technology, which operates under the Intellifusion brand, recently announced completion of USD 8-digit Series A funding from investors including Shanshui Congrong Media Investment, Green Pine Capital Partners, state-owned investment firm Shenzhen Investment Holdings, TopoScend Capital, and Hongxiu Yingxin Chengzhang Yihao Corporate Management. Read More

Long-distance Logistics Platform 'Fuyou Kache' Raises RMB 550 Mln Funding

36Kr.com, 3/09/17

Beijing-based Fuyou Online Information Technology, operator of long-distance logistics platform Fuyou Kache, has won RMB 250 mln in Series C funding led by Legend Capital, as well as RMB 300 mln in debt financing from AVIC Trust and Global Logistics Properties (GLP). 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

Tencent Leads Series D Funding in Mobile CRM Firm Renke

The Beijing News, 1/13/17

Beijing-based Renke Interactive Network Technology, developer of mobile CRM and sales support software Xiaoshou Yi, recently announced completion of RMB 280 mln Series D funding led by Chinese internet and mobile services firm Tencent (0700.HK), and with participation from Sequoia Capital, Matrix Partners China, and ZhenFund. Read More