Beijing, August 2019
Zhiketong (ZKT), “transactional SaaS” platform specializing in luxury hotel sales and marketing services announces the closing of their Series C Round of funding with participation from Sequoia China, IDG Capital, Shunwei Capital, Lightspeed China Partners, Vision Plus Capital, and CYTS Hongqi Fund (中青旅紅奇基金).
Brinc has raised $1.5M USD in a pre-seed round for a new business spin out: Brinc Accelerator of Accelerators (Brinc AOA). Its focus is developing, and operating training programs around China for existing and new incubator, accelerator and investment companies. The goal in 2019 is
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By Dr Zheng Zhibin, Translated By Keina Chiu | Through combining mathematics and physics to access big data, Huawei is creating a smart city supported by a central Intelligent Operation Center as the main coordinator of the entire
Known as China's Tinder, Tantan has raised US$70 million in their latest round of Series D funding. The company is looking to monetize their app and expand into global markets. The funding was led by China's live-streaming giant, YY Inc and Genesis Capital, with participation
Mobike, Chinese bike-sharing startup, has raised over US$600 million in new funding, led by existing investor and internet giant, Tencent. This round of financing brings their total funding in 2017 to US$900 million. New investors include renowned banks Bocom International, ICBC International and global institutional
Wukong Bicycle lost 90% of their bicycles by the end of their fifth month due to theft. The five-month old startup announced their closure on June 13 after suffering significant losses, ultimately using up 2 million yuan (US$292,890). The company announced that they would refund
Founded in 2011 by a small group of independent coworking space owners to share best practices, LExC has grown to 25 owners with over 60 locations, in seven countries. Asian locations at this time include two in Singapore, one in Beijing and one in Shanghai.
Even though you may have a useful or extraordinary product, this does not guarantee that a consumer will pick it up from the store shelves. This is especially the case when similar products of your competitors look more appealing. The quality of the product is
China is the world’s second largest economy, now with the world’s largest consumer market, has become an imperative and distinct leader in the global market. With extensive growth rates driving China forward in previous decades, as high as 14.2% in 2007, it is now beginning