Tencent wholly acquires Leyou Technology with USD 1.5 bln
Image Frame Investment, a wholly-owned subsidiary of Tencent, acquired Leyou Technology at a transaction price of approximately US$1.5 billion. Tencent completed the acquisition by paying in cash.
Xiaoyinghe closes seed round of two mln yuan
The new retail brand of community business, Xiaoyinghe, has completed its seed round of financing of two million yuan, which was invested by the president of Dianguang Explosion-proof Technology, a listed company in China.
Orthopedic AI company Changmugu closes Series A+ of RMB tens of mlns
Beijing Changmugu Medical Technology, or Changmugu, an orthopedic artificial intelligence high-tech company, recently announced the completion of its Series A+ round of financing worth tens of millions of yuan, which was exclusively invested by Lenovo...
Duckbill closes Pre-B with USD 30 mln
Duckbill, or Yazuishou.com, a container truck transportation service platform, announced the completion of its Pre-B round of financing raising 30 million US dollars.
ARCANA raises RMB tens of millions from Series A
ARCANA, a digital intelligence technology company with smart data operation technology as its core, announced the completion of its Series A round of financing worth tens of millions of yuan. This round of financing was jointly led by Lightspeed...
Tingyun closes Series C of RMB 400 mln
Tingyun, an APM application performance management brand in China under Beijing Jidiao Network, has completed a 400 million yuan C round of financing that was co-invested by CICC Capital, Pum Ventures, 99fund.com, GF Securities, and Fengyuan Capital.
Lu Daopei Medical closes Series B+ exceeding RMB 100 mln
Lu Daopei Medical, a blood disease specialist medical group, has completed its Series B round of financing raising more than 100 million yuan.
Didi Autopilot obtains the autonomous vehicle test license in Hefei
From September 3rd to 4th, the 2020 International Energy Conservation and New Energy Vehicle Exhibition was successfully held in Hefei City, Anhui Province. During this exhibition, Didi Autopilot was granted an autonomous vehicle test license issued...
Best Compound closes Pre-A with RMB of 100 million led by CTC Capital
Nanjing Baishi Electronic Technology Co., Ltd., or Best Compound, recently announced that it had garnered more than 100 million yuan from the completed Pre-A round of financing, led by CTC Capital.
Gree Group reaches strategic cooperation with Xiaomi and CITIC
On September 3rd, Gree Group signed a strategic cooperation agreement with Xiaomi Group and China CITIC Bank, which would further the cooperation of the three parties in the fields of industrial funds, financial services, industrial investment,...
Changsha government establishes an Intellectual Property Venture Capital Fund
Recently, Changsha Intellectual Property Venture Capital Fund was established under the guidance of the Changsha government and the Changsha Intellectual Property Office.
Sunmnet Technology closes Series B1 with more than RMB 100 million
Recently, Sunmnet Technology completed its Series B1 round of financing, raising more than 100 million yuan.
Jingkun Technology closes Series A with tens of millions of yuan
Jingkun Technology recently announced the completion of its Series A round of financing worth tens of millions of yuan, led by LH Ventures exclusively.
Ele.me cooperates with 500 college canteens to deliver food to students
According to ele.me, a leading online food delivery service platform in China, there are more than 500 college canteens in 100 cities across the country, that have partnered up with ele.me to provide food delivery service.
JD.com reaches strategic cooperation with Tongrentang Health
On September 2nd, phat.jd.com, the health section of JD.com, launched a new service platform of Chinese medicine on which users can inquire about Chinese medicine online and buy the medicine according to the prescription.