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Mobile Education Platform Zuoyebang Wins USD 750 Mln Series E
Zuoyebang, 6/30/20
Chinese K-12 online education platform Zuoyebang has announced via its official WeChat account the completion of a USD 750 mln Series E round of financing, led by FountainVest Partners and Tiger Global, with participation from new and existing shareholders Qatar Investment Authority, Sequoia Capital China Fund, Softbank Vision Fund 1, Tiantu Capital, and Xianghe Capital. Read More
SenseTime, SoftBank Join RMB 1.36 Bln Round in AI-based Video Solutions Firm Moviebook
Huanqiu Tech, 8/07/18
Beijing-based AI video solutions provider Moviebook Technology recently announced completion of RMB 1.36 bln in Series D funding from more than ten investors and strategic partners including computer vision and AI technology developer SenseTime Technology, SoftBank China Venture Capital, Shanghai-based media firm Oriental Pearl Media (600637.SH), PAC, Shenzhen Qianhai Wutong M&A Fund, Langsheng Investment, and individual investor Ge Weidong. Read More
Maternity Healthcare App MomKnows Obtains RMB 150 Mln Series C
Yigoonet, 6/27/18
Shenzhen-based Easyhin Technology, operator of maternity- and baby-focused healthcare services app MomKnows, recently completed RMB 150 mln in Series C strategic funding led by Shenzhen Share Capital Partners with participation by SoftBank China Venture Capital, Chasetone Capital, Fengxin Capital, and Hangzhou-based Yiqichuang Capital Management. Read More
SoftBank Leads USD 1.9 Bln Funding of Truck-hailing Firm Manbang
Sina Tech, 4/24/18
Chinese truck-hailing company Manbang Group announced today the completion of the first round of funding since its creation through a merger of trucking logistics service companies Huochebang and Yunmanman. Read More
Ride-hailing Giant Didi Chuxing Secures USD 4 Bln in New Funding
DiDi Chuxing, 12/21/17
Didi Chuxing, operator of Chinese mobile taxi booking and car hire apps Didi Chuxing and Kuaidi Dache, has announced the completion of a new equity funding round of over USD 4 bln to support AI capacity-building, international expansion, and new business initiatives, including the development of new energy vehicle service networks. Read More
SoftBank Invests RMB 220 Mln in Machine Vision Firm 'Malong'
36kr.com, 11/10/17
Shenzhen-based Malong Technology, developer of machine vision platform ProductAI, recently announced completion of RMB 220 mln in Series B funding from SoftBank China Venture Capital. Read More
Longzhu Games Broadcast to Invest RMB 1 Bln in Gamecasting Industry
Tencent Tech, 6/27/17
Taicang-based Juyitang Network Technology, operator of video gamecasting platform Longzhu Games Broadcast, will invest RMB 1 bln in the gamecasting industry, and will look to gain a foothold in the gaming, sports, broader entertainment, and e-commerce industries, announced CEO Chen Qidong. 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
Rumor: Alibaba to Acquire Android Mobile App Store 'Wandoujia'
Tencent Tech, 7/02/16
Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) is reportedly in talks to buy Beijing-based Zhuoyi Xunchang Technology, operator of Android mobile app store Wandoujia, for USD 200 mln, according to a person familiar with the matter. Read More
Qihoo's B2C Online Drug Marketplace '360 Haoyao' Wins RMB 100 Mln Series A
Ebrun, 5/26/16
Guangzhou-based Youyi Information Technology, operator of online and mobile B2C drug marketplace 360 Haoyao (literally "360 Good Medicine"), has won RMB 100 mln Series A funding from Lilly Asia Ventures and SoftBank China Venture Capital. Read More
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