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Evernote Restructures to Chinese-controlled Firm, Wins RMB 9-digit Funding from Sequoia

The Beijing News, 6/07/18

Beijing-based Evernote Technology recently announced that it has completed its restructuring process and that it will now operate as a Chinese-controlled, Chinese-American joint venture entity after nearly 6 years of operating in China as a brand under California-based note-taking and archiving software and services developer Evernote Corporation. Read More

NetEase Youdao Secures Strategic Funding at USD 1.1 Bln Valuation

Beijing Business Today, 4/17/18

Online search engine and mobile internet application service provider NetEase Youdao Computer System, a subsidiary of Chinese internet company NetEase (Nasdaq: NTES), recently announced the completion of its first strategic funding led by Muhua Jinxin Investment Management with participation from Legend Capital at a post-money valuation of USD 1.1 bln. Read More

Lenovo Establishes USD 500 Mln Robotics, AI, Cloud Computing Startup Fund

Xinhuanet, 5/04/16

Chinese consumer electronics manufacturer Lenovo (0992.HK) has established a USD 500 mln startup fund, which will invest in cloud computing, big data, artificial intelligence, robotics, and "Internet Plus" companies. Read More

China Issues Cloud Storage Regulations

NCAC, 10/20/15

The National Copyright Administration of China (NCAC) recently issued a new regulation entitled "Notice Regarding Online Storage Service Copyright Regulation" which indicates that online storage service companies should take effective measures to prevent users from uploading and sharing unauthorized materials including: works that are currently being broadcast and sold; works issued or banned by organizations for print publications, film, and music; and other works for which distribution is clearly not authorized. Read More

Rumor: China Telecom Provides iCloud Support in Mainland China

Sina Tech, 8/14/14

According to online Chinese media reports, US electronics company Apple has begun hosting Chinese user data for its iCloud personal cloud storage product on mainland Chinese servers from China Telecom (NYSE: CHA; 0728.HK). Read More

China Telecom Upgrades Mobile Cloud App

Sina Tech, 12/27/13

China Telecom (NYSE: CHA; 0728.HK) released the latest version of its "Handset Cloud" ("Shouji Yun") mobile desktop management software today, with an added app store and free handset theme wallpapers. Read More

Evernote Registered China Users Reach 8 Mln

DoNews, 11/04/13

Amy Gu, head of mainland China operations for US-based note taking and archiving software provider Evernote, has disclosed that the localized Chinese version of Evernote's personal cloud storage service, known as Yinxiang Biji, has reached 8 mln registered users, with around 20 mln app installations, for a 9.17% share of the cloud note-taking market. Read More

Chinese Online Finance Platform Wins RMB 60 Mln Funding

Tencent Tech, 10/24/13

Microsoft's China startup incubator program, Microsoft Ventures Accelerator, has announced that Xianzhi Chuangke Technology, operator of online finance platform 91jinrong.com, has received RMB 60 mln in funding from China Broadband Capital and Matrix Partners, among other investors. Read More

Baidu's Cloud Storage Registered User Base Exceeds 70 Mln

Sina Tech, 6/26/13

Chinese internet company Baidu (Nasdaq: BIDU) recently announced that the number of registered users of the company's Baidu Yun personal cloud storage service has reached 70 mln and daily active users (DAU) has reached 2 mln. Read More

Evernote Shuts Down User Data Export API

Netease Tech, 5/29/13

A May 28 update to the official microblog of Chinese Internet firm Netease's (Nasdaq: NTES) Youdao Cloudnote announced that the service will no longer support importing data from the popular Evernote service following Evernote's shutdown of API ports for export to Cloudnote. Read More