Startups

Bluegogo Denies Alleged Takeover, Pledges to Refund Security Deposits by Nov. 10

Bluegogo Denies Alleged Takeover, Pledges to Refund Security Deposits by Nov. 10

Chinese bike-sharing startup Bluegogo, run by Tianjin Luding Technology Co., has denied speculation that it arranged a takeover deal with…

Oct 23, 2017
Zhang Xia
Zhangchang Big Data Invests USD2 Million in Loss-Making AI Retail Startup

Zhangchang Big Data Invests USD2 Million in Loss-Making AI Retail Startup

Zhongchang Big Data Corp. Ltd. [SHA:600242] plans to invest almost CNY12.87 million (USD1.94 million) through a wholly-owned subsidiary to subscribe…

Oct 23, 2017
Tang Shihua
Celebrity Companionship Platform Shikongsuo Attracts Funding From Angel Investors

Celebrity Companionship Platform Shikongsuo Attracts Funding From Angel Investors

Celebrity companionship platform Shikongsuo has bagged millions of yuan in angel funding in a round led by Dream Chaser Capital,…

Oct 20, 2017
Tang Shihua
Chinese Recycler Xiandou Secures USD15 Million in B-Round Funding

Chinese Recycler Xiandou Secures USD15 Million in B-Round Funding

Chinese renewable resources recovery firm Xiandou raised CNY100 million (USD15.09 million) in its B-round funding led by Maison Capital with…

Oct 20, 2017
Tang Shihua
Travel Platform 8Pig, Laidian Technology Bring Shared Charging to Eight Countries

Travel Platform 8Pig, Laidian Technology Bring Shared Charging to Eight Countries

Shenzhen Laidian Technology Co. said that it has agreed to work with travel platform 8Pig, a subsidiary of Shenzhen Bajie…

Oct 19, 2017
Liao Shumin
Shanghai Pop-Up Store Operator Putiandi Bags USD13 Million in A-Round Financing

Shanghai Pop-Up Store Operator Putiandi Bags USD13 Million in A-Round Financing

Shanghai-based pop-up store operator and short-term renting platform, Putiandi, has raised CNY90 million (USD13.6 million) in A-round financing led by…

Oct 19, 2017
Tang Shihua
Fresh Food E-Commerce Firm Urfresh Bags USD15 million in B+ Funding Led by Haier Capital

Fresh Food E-Commerce Firm Urfresh Bags USD15 million in B+ Funding Led by Haier Capital

Online fresh food retailer Urfresh.cn, operated by Zhejiang Jialin E-Commerce Co., has secured CNY100 million (USD15.1 million) in B+ financing…

Oct 18, 2017
Tang Shihua
Kingdee, Chunyuyisheng Join Forces to Explore New Models for Online Hospitals

Kingdee, Chunyuyisheng Join Forces to Explore New Models for Online Hospitals

Kingdee Medical Software Technology Co., which provides electronic data solutions to hospitals, has teamed up with the world's largest mobile…

Oct 18, 2017
Di Ning
Startup Consultancy QCZB Secures USD1.5 Million in Angel Funding to Create New Products, Expand Team

Startup Consultancy QCZB Secures USD1.5 Million in Angel Funding to Create New Products, Expand Team

Shanxi Qingchuan Zhongbang Network Technology Co., a startup providing advisory services for entrepreneurs in second-tier cities and known as…

Oct 17, 2017
Tang Shihua
Shared Parking Startup Xiaoma Bags USD1.8 Million in Angel-Round Financing

Shared Parking Startup Xiaoma Bags USD1.8 Million in Angel-Round Financing

Xiaoma Zhiting (Xiaoma Smart Parking), a startup engaged in intelligent car parking, has obtained CNY12 million (USD1.8 million) in angel-round…

Oct 17, 2017
Tang Shihua
Tencent Continues to Build Sports Presence by Investing in Media Outlet Lanxiong Sports

Tencent Continues to Build Sports Presence by Investing in Media Outlet Lanxiong Sports

Chinese media outlet Lanxiong Sports has completed a new round of financing led by internet giant Tencent Holdings Ltd. [HKG:0700],…

Oct 17, 2017
Tang Shihua
Chinese Marine Product Maker Plans to Buy 100% Stake in Online Gaming Firm

Chinese Marine Product Maker Plans to Buy 100% Stake in Online Gaming Firm

Marine product developer Dalian Yi Qiao Sea Cucumber Co. [SHE:002447] plans to buy out an online gaming firm in a bid to branch out into the sector.

Oct 16, 2017
Tang Shihua

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