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Baidu Posts Q1 2019 Net Loss of RMB 327 Mln

Baidu, 5/16/19

Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More

Discounted Event Ticketing Platform Moretickets Wins USD 60 Mln Series C

36Kr.com, 7/09/18

Shanghai-based Juqi Network Technology, operator of online ticket-booking platform Moretickets.com (the platform name is Motianlun, meaning "Ferris Wheel"), recently announced completion of USD 60 mln in Series C funding led by TPG Growth with participation by Hillhouse Capital Management and prior-round investors DCM Ventures, Matrix Partners China, Blue Lake Capital, Qiming Venture Partners, and Nanshan Capital. Read More

Distributed Computing Platform Developer BeagleData Lands RMB 100 Mln Series D

The Beijing News, 6/13/18

Beijing-based distributed computing platform developer Tianyun Rongchuang Data Technology (BeagleData) recently announced the completion of RMB 100 mln in new funding in H1 2018, jointly led by Ally Capital and Meridian Capital. Read More

Autonomous Cargo Vehicle Maker Fabu Wins Investment from Sinovation

36Kr.com, 6/12/18

Hangzhou-based autonomous cargo vehicle developer Fabu Technology recently gave an update on its technology progress and future plans, and confirmed new investment from Sinovation Ventures. Read More

Alibaba Developing Neural Network Chip

Tencent Tech, 4/19/18

Chinese internet conglomerate Alibaba Group's (NYSE: BABA) R&D institute, the DAMO Academy, recently revealed that it is working on a neural network-based chip, called "Ali-NPU," specialized for artificial intelligence calculations such as image and video processing and machine learning. Read More

Mobile Big Data Service Provider Jiguang Raises USD 8-digit Series D

36Kr.com, 7/06/17

Shenzhen-based mobile big data service provider Hexun Huagu Information Technology, which operates under the Jiguang brand, recently completed USD 8-digit Series D funding from Fidelity International. Read More

Anti-fraud Solutions Provider 'Maxent' Lands RMB 50 Mln Series A+ Funding

36kr.com, 6/16/17

Shanghai-based Xingyi Information Technology, operator of online and mobile anti-fraud solutions brand Maxent, announced that it completed RMB 50 mln in Series A+ funding led by DCM Ventures in March 2017, with participation by Series A investor Vertex Ventures. Read More

Baidu Cloud Develops Online Gene Data Analytics Platform for BGI

Sohu IT, 3/08/17

Chinese internet company Baidu's (Nasdaq: BIDU) cloud services division Baidu Cloud has set up an online platform called "BGI BRCA Online" for genomics research company BGI, which will provide gene sequencing data analysis for research and applications into hereditary breast and ovarian cancers. Read More

AI Cloud Computing Firm CloudMinds Raises USD 100 Mln Series A

Lieyunwang, 2/23/17

Shenzhen-based artificial intelligence and cloud computing company CloudMinds recently held a press conference in Beijing to announce completion of USD 100 mln Series A funding from undisclosed investors. Read More

Big Data Solutions Provider Mininglamp Raises RMB 200 Mln Series B

iHeima, 8/10/16

Beijing-based big data analysis solutions provider Mininglamp Software System recently announced that it completed RMB 200 mln Series B funding this month, led by Sequoia Capital China with participation by Share Capital, network security solutions provider Surfilter Network Technology (300311.SZ), and Heaven-Sent Capital Management Group (833044.NEEQ). Read More