| Date | Title | Description |
| 23.02.2024 | Haomo.ai Secures $14M Investment for Autonomous Driving Tech | Chinese autonomous driving startup Haomo.ai, backed by Great Wall Motor, has raised $14 million in funding from Chengdu Wufa Private Equity Fund Management. The investment marks the first tranche of the company's Series B funding and will s... |
| 21.02.2024 | Backed by Chinese carmaker Great Wall, Haomo raises $14M for autonomous driving tech | After a few years of funding frenzy, autonomous driving companies in China are experiencing a slowdown in investment. Some companies are still hauling in capital, though the era of bankrolling several hundred million dollars in a single rou... |
| 06.07.2022 | With maiden $42M fund, Bonfire Union wants to invest in web3 like Tencent does in Web 2.0 | Mask Network, a Binance-backed startup that enables users to send cryptocurrencies and encrypted messages on established internet platforms like Twitter, has an ambitious goal: to become the corporate venture capital powerhouse in web3 as T... |
| 06.06.2022 | Hong Kong’s AI drug discovery firm Insilico closes $60M Series D | Insilico Medicine, a Hong Kong-based company that has been using artificial intelligence to discover new drugs since 2014, has completed a fresh round of funding.
It’s a sign that certain investors are continuing to bet on emerging biotechn... |
| 19.01.2022 | ByteDance reorganizes strategic investment team, causes panic | What a rollercoaster day for China’s tech industry. TikTok’s parent company ByteDance has dissolved its strategic investment team, sending worrying messages to other internet giants that have expanded aggressively by investing in other comp... |
| 04.01.2022 | Tencent offloads stakes in allies as it continues investment spree | Chinese internet titan Tencent is divesting its vast portfolio. On Tuesday, the company announced plans to offload more than $3 billion worth of shares in Sea, a Singaporean internet conglomerate, trimming its stake in Sea from 21.3% to 18.... |
| 05.05.2021 | Can Chinese liquor companies convince Chinese youths to drink traditional baijiu? | |
| 31.03.2021 | KEY STAT | Alibaba-backed Nice Tuan closes another big-ticket investment | Just four months after its last round, group-buying startup Nice Tuan on Wednesday said that it raised another USD 750 million in its Series D round, from investors including Alibaba, DST Global, and GGV Capital, 36Kr reported.
To consolida... |
| 19.02.2021 | Greengrocer Xingsheng Youxuan to bag USD 3 billion from Sequoia, Tencent, others | Changsha-based community group-buying platform Xingsheng Youxuan is set to secure USD 3 billion in a new round of fundraising, led by Sequoia Capital with the participation of Tencent, FountainVest Partners, Singapore’s Temasek, KKR, DCP Ca... |
| 23.12.2020 | Chinese cell-based meat startups Zhouzi Weilai, CellX raise money to push commercialization | Chinese food-tech startups, including Nanjing-based Zhouzi Weilai and Beijing-based CellX, have successively announced new fundraising with the intention to speed up development and production, as the race to move meat alternatives from lab... |
| 23.12.2020 | Chinese Q&A platform Zhihu reportedly prepares Hong Kong or US IPO | Zhihu, the Chinese Quora-like question-and-answer platform, has been drafting a prospectus for an initial public offering (IPO) in Hong Kong or the US, with Goldman Sachs, Morgan Stanley, and Credit Suisse as underwriters, local media outle... |
| 16.11.2020 | Agricultural drone maker XAG raises USD 182 million, the biggest-ever round in the sector | XAG, or XAircraft (“Jifei Technology” in Chinese), a Guangzhou-based drone manufacturer specializing in the agricultural sector, on Monday announced that it raised RMB 1.2 billion (USD 182 million), led by Baidu Capital and Softbank Vision ... |
| 27.09.2020 | Online education platform Siwei Zaowu files for ChiNext IPO, aiming to raise RMB 1 billion | Chinese education startup Siwei Zaowu Information Technology has filed for an initial public offering (IPO) at the Shenzhen Stock Exchange’s Nasdaq-style ChiNext board, aiming to raise RMB 1.04 billion (USD 152.41 million) which will bring ... |
| 17.09.2020 | Kuaishou considering Hong Kong IPO with USD 50 billion valuation | Kuaishou, ByteDance’s strongest competitor in the short video sector, is seeking an initial public offering (IPO) in Hong Kong as early as this year, at a time when its rival is feeling pressure from the US government over the sale of TikTo... |
| 08.06.2020 | Trip.com launches VC firm to deepen travel industry investments | China’s largest online travel agency (OTA) Trip.com (NASDAQ: TCOM) on June 3 founded a wholly-controlled venture capital firm to further its investments in the travel industry, according to industry data provider Qichacha.
Dubbed Xiecheng E... |
| 19.05.2020 | TikTok parent ByteDance leads $6M round in financial AI startup Lingxi | TikTok’s parent company ByteDance has added Lingxi, a Beijing-based startup that applies machine intelligence to financial services such as debt collection and insurance sales, to its ever-expanding portfolio of investments.
The AI startup ... |
| 17.06.2019 | As Tech Cold War Looms, Chinese Internet Giants Like Alibaba and Tencent Tackle Emerging Markets | The Chinese internet environment is famous for its brutal competition: a truly gladiatorial fight to the death with way fewer “gentleman’s” rules than we are used to in the West. This tough landscape helps Chinese entrepreneurs to learn and... |
| 05.09.2018 | Chinese online pharmacy Jianke secures $130m in Series B | Guangdong-based online pharmacy and healthcare tech company Jianke 健客(literally “healthy guest”) has secured US$130 million in a Series B round led by GTJA Investment Group with participation from HBM Healthcare Investments and Crescent Poi... |
| 04.05.2018 | Tencent Music moves towards US IPO; Valuation said to double in four-month time | The IPO could be #4 largest US-listed tech IPO by valuation
Tencent Music used to command 90% of China’s copyrighted music
Chinese music-streaming market amounts to US$645 million in 2018
Tencent Music, the music-streaming unit of China’s m... |
| 12.12.2017 | Kr-Asia Daily: China Telecommunications Is Studying An Investment in The Philippine | At the beginning of this week, several startups in the region, namely EcoWorth, Biofourmis, WorkVenture, Zimpilstic, ZAP, and MailTarget, have secured funding to scale up. Kr-Asia Daily is a five-minute read to brief you everything you need... |
| - | Tencent offers top staffers $250,000 in base salary and is hiring across 8,000 roles. Check out how much you could earn as an engineer, manager, or designer. | Pony Ma Huateng, chairman and chief executive officer of Tencent Holdings Ltd., gives a speech in 2018 in Guiyang, Guizhou Province of China. Visual China Group via Getty Images This story is available exclusively to Insider subscribers. Be... |
