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Childcare Portal Babytree Completes RMB 3 Bln Funding, Plans IPO

iHeima, 7/19/16

Beijing-based Zhongming Shiji Technology, operator of online childcare-focused vertical portal, e-commerce, and community platform Babytree, completed RMB 3 bln in new funding last month and has subsequently dismantled its variable interest entity (VIE) structure in order to list on China's A-shares or the Hong Kong Growth Enterprise Market, revealed Babytree chief operating officer Wei Xiaowei. Read More

Rumor: Modern Media Acquires E-Commerce Directory Linkchic

Ebrun, 3/18/13

According to a new industry rumor, Beijing-based Meichen Meike Network Technology, which operates e-commerce directory website Linkchic.com, was recently acquired by publishing group Modern Media. Read More

Beyondsoft to Acquire Achievo Subsidiaries for USD 56 Mln

Shenzhen Stock Exchange, 8/20/12

On August 17, Beijing-based IT service outsourcing firm Beyondsoft Corporation (002649.SZ) announced in a public filing that it has reached an agreement with Achievo Corporation to acquire 100% of six of the US IT outsourcing provider's subsidiaries for USD 56.5 mln in cash. Read More

Rumor: Caixin to IPO in Three Years

Money Week, 7/30/12

A number of industry sources reported today that Chinese internet and mobile giant Tencent (0700.HK) had invested in Caixin Media Company through an arrangement involving the issue of new stock as well as a proportional investment from the Zhejiang Daily Media Group (600633.SH), preserving the latter's 40% stake in the company. Read More

Tiexue Records RMB 50 Mln in Online, Offline Military Goods Sales

Netease Tech, 7/20/11

Jiang Lei, CEO of Beijing Tiexue Technology, operator of military affairs online community site Tiexue.net, revealed recently that the company sold approximately RMB 50 mln in military goods last year. Read More

Yifang Digital Releases Tablet PC

Sohu IT, 12/14/10

Shenzhen-based consumer electronics manufacturer Yifang announced the launch of a new product line including tablet PCs and digital pens in Beijing yesterday, and began signing sales deals with partners around the country. Read More

PPS Planning IPO on GEM Board

Techweb, 9/15/10

Shanghai-based P2P video service provider PPS (PPStream) plans to IPO on a growth enterprise market (GEM) exchange, according to a source in VC circles. Read More

Shenzhen USB Maker Netac to IPO

Sohu IT, 12/08/09

The Shenzhen Growth Enterprise Market board review committee today approved Shenzhen-based USB solutions developer and supplier Netac Technology's IPO filing. Read More

Supermap to IPO with 19 Mln Shares

Tencent Tech, 12/08/09

Beijing-based mapping software provider Supermap issued a notice today that it plans to release an initial public offering of A-shares and list on the Shenzhen Stock Exchange's Growth Enterprise Market board. Read More

Former Tencent Director Launches Auto Ratings Site

DoNews, 11/17/09

Lin Mingjun, former product director at Chinese online value-added services company Tencent (0700.HK), has announced his latest project - a new auto ratings website called Xgo.com.cn. Read More