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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

Alibaba, Ant Financial Partner with Government to Build Jiangxi's Digital Economy

Xinhuanet, 6/21/18

Chinese internet conglomerate Alibaba Group (NYSE: BABA) and its financial services affiliate Ant Financial recently signed a strategic partnership agreement with Jiangxi province, under which the parties will collaborate on several smart industry projects in Jiangxi to promote development of the digital economy. 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

Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong

36Kr.com, 6/15/18

Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More

Shanda Games' Actozsoft Invests KRW 10 Bln in Kakao Games

Sina Tech, 4/02/18

Chinese online game developer and operator Shanda Games announced today that its South Korean subsidiary Actozsoft has invested KRW 10 bln (roughly RMB 59.13 mln) in Kakao Games, the independent gaming unit of Korean messaging giant Kakao. Read More

VR Home Interior Design Platform Kujiale Completes USD 100 Mln Series D

Jiemian, 3/09/18

Hangzhou-based Qunhe Information Technology, operator of O2O home decoration platform Kujiale, recently announced completion of USD 100 mln in Series D funding led by Shunwei Capital Partners with participation by Pavilion Capital, managed by Singaporean investment company Temasek Holdings, and prior-round investors including IDG Capital Partners, Granite Global Ventures, Yunqi Partners, Hearst Capital, and US-based Linear Venture Corporation. Read More

Beijing Court Uses VR System to Recreate Circumstances of Alleged Crime

Beijing Youth Daily, 3/02/18

The Beijing First Intermediate People's Court recently used a new in-court evidence visualization system during presentation of evidence at a murder trial. Read More

Smartphone, PC ODM Huaqin Telecom Wins RMB 870 Mln Series A

PE Daily, 12/28/17

Shanghai-based mobile phone developer and manufacturer Huaqin Telecom Technology has announced completion of RMB 870 mln in Series A funding led by Intel Capital and Hua Capital with participation by Beijing-based Qingkong Jinxin Capital Management, Summitview Capital, Walden International, Northern Light Venture Capital (NLVC), and Zhilu Capital. Read More

Alibaba Joins Series A Funding of VR and AR Solutions Provider Plex-VR

7tin.cn, 12/27/17

Shanghai-based virtual reality and augmented reality solutions provider Plex-VR Digital Technology recently announced completion of RMB 9-digit Series A funding led by Chinese internet conglomerate Alibaba Group (NYSE: BABA), GSR Ventures, and SAIF Partners. Read More

VR Technology Developer 'AppMagics' Completes RMB 8-digit Series A+

36Kr.com, 6/22/17

Beijing-based virtual reality technology developer AppMagics Technology recently announced completion of RMB 8-digit Series A+ funding led by HG Capital, with participation from Bojiang Capital and Buttonwood Capital Management. Read More