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Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019

CAICT, 7/08/20

As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019

CAICT, 4/09/20

As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

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

Co-working Space Ucommune Wins USD 43.5 Mln Strategic Financing

Tencent Tech, 8/14/18

Beijing-based office co-working space provider Ucommune Venture Investment (Ucommune) recently announced completion of RMB 300 mln strategic funding from RK Investment and Asset Management Group ("RK Properties") and Shanghai-based Prosperity Holdings. Read More

Flexible Display Maker Royole Secures Series E Funding from Yingke PE

36Kr.com, 8/09/18

Shenzhen-based advanced flexible display, flexible sensor, and smart device maker Royole Technology and Fujian-based Yingke Innovation Asset Management (Yingke PE) recently signed a strategic investment and partnership agreement, under which Yingke PE will be the sole investor in Royole's Series E funding round. Read More

JD.com Invests RMB 100 Mln in PaaS Provider BoCloud

IDCquan, 6/26/18

Suzhou-based Bona Xundong Software, operator of cloud service brand BoCloud, recently completed nearly RMB 100 mln in Series B+ funding from JD Cloud, Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) cloud service platform for developers and merchants, and JD.com's online financing and retail investment platform JD Finance. Read More

Audiobook Platform Lanren Tingshu Wins RMB 200 Mln Series C

Lieyunwang, 6/25/18

Shenzhen-based Lanren Online Technology, operator online and mobile audiobook platform Lanren Tingshu (literally "Lazy People Audiobooks"), has announced the completion of RMB 200 mln in Series C funding jointly led by Time Publishing and Media (600551.SH), Shenzhen Qianhai Tianhe Culture Industry Fund Management and Fuhui Capital. Read More

Voice Recognition Firm Unisound Wins USD 100 Mln Series C

Jiemian, 5/11/18

Beijing-based voice recognition technology provider Yunzhisheng Information Technology (Unisound) recently announced completion of USD 100 mln in Series C funding led by Zhongdian Health Fund with participation by internet services and security software provider 360 Security Technology (Qihoo 360) (601360.SH), Shenzhen-based Qianhai Wutong M&A Fund Management, and Hanfor Capital Management. Read More

Online Long-term Housing Rental Service Uoko Lands RMB 1 Bln Series C

36Kr.com, 5/10/18

Sichuan-based Uoko Investment Management, operator of online housing rental platform Uoko.com, recently announced completion of Series C1 funding from Shenzhen Capital Group, Greentown Service Group (2869.HK), Shenzhen-based Galaxy Real Estate Development, Legend Capital, Matrix Partners China, and SIG Asia Investment. Read More

Gaming SNS App 'Laoyuegou' Obtains RMB 200 Mln Series C Funding

36Kr.com, 2/26/18

Hainan-based Lexin Network Technology, operator of online gaming SNS app Laoyuegou, recently announced completion of RMB 200 mln in Series C funding from Tiantu Capital. Read More