Startups

Knorr-Bremse Chips In to SF-Trailernet Technology’s Pre-A Round in China

Knorr-Bremse Chips In to SF-Trailernet Technology’s Pre-A Round in China

Shenzhen-based smart tractor-trailer system supplier SF-Trailernet Technology has received an undisclosed investment amount in its pre-A round from Knorr-Bremse…

Oct 18, 2018
Zhang Yushuo
Tencent-Backed Chinese Autopilot Firm Momenta Enters Unicorn Club

Tencent-Backed Chinese Autopilot Firm Momenta Enters Unicorn Club

Two-year old Chinese driverless tech startup called Chusudu Technology, also known as Momenta, has finished its latest round of funding…

Oct 18, 2018
Zhang Yushuo
Chinese Handset Maker Smartisan Hammers Dissolution Reports

Chinese Handset Maker Smartisan Hammers Dissolution Reports

Smartisan Technology has dismissed media reports that the smartphone maker could disband after closing its unit in the Sichuan provincial capital of Chengdu.

Oct 17, 2018
Zhang Yushuo
Chinese Treadmill Maker Secures USD20.6 Million in B+ Round

Chinese Treadmill Maker Secures USD20.6 Million in B+ Round

Wenjia Industrial, a maker of treadmills for Chinese fitness equipment brand Xqiao, has secured CNY140 million (USD20.6 million) in B+ round financing led by Harvest Capital Management.

Oct 16, 2018
Xu Wei
Hello Chuxing Joins Ride-Hailing Service Market

Hello Chuxing Joins Ride-Hailing Service Market

Hello Chuxing Joins Ride-Hailing Service Market

Oct 12, 2018
Chen Juan
Chinese Tencent-Backed Video Streamer Bilibili to Tap E-Sports

Chinese Tencent-Backed Video Streamer Bilibili to Tap E-Sports

Chinese Tencent-Backed Video Streamer Bilibili to Tap E-Sports. Chinese Tencent-funded video-sharing site Bilibili has set up a separate unit to…

Oct 11, 2018
Chen Juan
Shanghai Electric, Meili Cloud Computing to Build Super-Cloud Data Center

Shanghai Electric, Meili Cloud Computing to Build Super-Cloud Data Center

MCC Meili Cloud Computing Industry Investment will team with Shanghai Electric Power to fund, build and run a large or super-large cloud data center in Shanghai or its environs.

Oct 11, 2018
Tang Shihua
E-Bike Maker Niu Cuts Expected IPO Funding by 20%

E-Bike Maker Niu Cuts Expected IPO Funding by 20%

Chinese electric scooter maker Niu Technologies has set the terms for its upcoming initial public offering on the Nasdaq, saying…

Oct 11, 2018
Xu Wei
Jia Yueting, Evergrande Race for Power at Electric Carmaker Faraday Future

Jia Yueting, Evergrande Race for Power at Electric Carmaker Faraday Future

Real estate titan China Evergrande Group and Jia Yueting, a controversial entrepreneur who fled China last year with billions of…

Oct 9, 2018
Zhang Yunchen & Qian Tongxin & Wang Zhen
Faraday Defends Arbitration Filing Against Evergrande Health

Faraday Defends Arbitration Filing Against Evergrande Health

Faraday Future, the electric carmaker run by gung-ho entrepreneur Jia Yueting, has responded to reports it wants to scrap a…

Oct 9, 2018
Xu Wei
Equinix, Datang Gohigh to Form Chinese Data Center Services JV

Equinix, Datang Gohigh to Form Chinese Data Center Services JV

US tech giant Equinix will form a Chinese joint venture for internet data center services with local data industry-related technology provider Datang Gohigh.

Sep 27, 2018
Tang Shihua
Chinese E-Bike Startup Niu Files For USD150 Million Nasdaq Listing

Chinese E-Bike Startup Niu Files For USD150 Million Nasdaq Listing

Chinese high-end electric scooter maker Niu Technologies aims to raise up to USD150 million through an initial public offering on the US Nasdaq Stock Market.

Sep 26, 2018
Li Na

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