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Tencent Leads USD 820 Mln Series C Funding of Humanoid Robot Maker UBTech

DoNews, 5/03/18

Shenzhen-based smart home robot developer UBTech Robotics recently announced completion of USD 820 mln in Series C funding and said that it is now valued at approximately USD 5 bln. Read More

Smart Bed Developer Keeson Wins RMB 200 Mln Strategic Funding

iYiou, 2/01/18

Zhejiang-based smart bed developer Linsheng Technology (Keeson) recently announced completion of RMB 200 mln in strategic funding from Red Star Macalline Group (1528.HK), Shenzhen-based Share Capital Partners, home furnishings maker Oppein, and Beijing-based Easyhome Investment Holding Group. Read More

Rumor: Tencent, CITIC Guoan to Establish Online Life Insurance Firm

DoNews, 9/02/15

Chinese Internet and mobile services firm Tencent (0700.HK) will unite with CITIC Guoan Group (000839.SZ), a subsidiary of Chinese state-run CITIC Group Corporation, to establish an online life insurance firm, tentatively named Hetai Renshou, according to a person familiar with the matter. Read More