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Doris Yu

Doris Yu is a staff researcher at China Money Network.

Gaw Capital Partners Forms JV Partnership With Centrin Data To Develop IDC Projects In China

Real estate private equity firm Gaw Capital Partners announces today that a fund under its management has formed a joint-venture…

Chinese Hillhouse Capital Joins Financing Round In African Uber Of Trucks Start-Up Lori Systems

Lori Systems, an African "Uber of trucks", announces that it has raised around US$20 million via two financing rounds. The…

China Merchant Capital leads $14M A+ round in SaaS firm Dong Pinhui

Dong Pinhui, an Internet-enabled frozen food platform, announces on Thursday that it has secured nearly RMB100 million (US$14 million) in…

China’s Technology Imports Reach $449B, Semiconductor Accounts For 70%

The localization of science and technology in China has become more urgent due to frequent geopolitical issues in recent years,…

Sinochem To Launch A $713M Fund With Shandong Province For Environmental Protection

Chinese state-owned conglomerate Sinochem Group Co., Ltd. has signed an agreement with Shandong Province, an eastern China province, to launch…

$14M Blockchain Fund To Launch In Response To Chinese Government’s Support

1911 Group Co., Ltd. announces that it is going to launch an RMB100 million (US$14.3 million) fund to support the…

Matrix Partners-Linked Fund Joins $100M Series C Round In Medical Devices Provider Peijia Medical

Peijia Medical Co., Ltd, interventional medical products provider, announces on Wednesday that it has completed US$100 million in a series…

China’s State Fund Eyes $7B In Fundraising To Support Manufacturing Transformation

A state fund operated by State Development & Investment Corp., Ltd. (SDIC), a state-owned investment holding company, is going to…

SCGC-Backed Innovative Antibody Drug Firm Gets $150M Funding From Sino Biopharm

Akeso Biopharma, an innovative biotechnology company, announced that it has raised nearly US$150 million in a series D funding round…

Yuexiu-Backed Biotech Firm Yikon Gets $31M Funding From KingMed Diagnostics-Linked Fund

Yikon Genomics, a reproductive health-focused biotech firm, announces on Monday that it has completed RMB220 million (US$31.3 million) in a…

China VC Tracker: October VC Market Drops Back With 201 Deals Worth $4B

China's venture capital market has decreased to a lower place of about US$4 billion in October from a historical high…

CMBI-Backed Programming Education Platform Gets $57M From RCIF

Codemao, also known as Bian Cheng Mao, an online programming education platform for children, announces on Monday that it has…

CMBI Leads Series A Round In Satellite-Navigation Chips Manufacturer Allystar

Shenzhen-based Allystar Technology Co., Ltd., a satellite-navigation chips manufacturer, has completed hundreds of millions of RMB in a series A…

Huawei Makes Its First Investment In Automobile Industry In Ethernet Chips Provider Firm MotorComm

Habo Investment, a wholly-owned subsidiary fund under China's tech giant Huawei, has recently invested in Suzhou MotorComm Electronic Technology Co.,…

Guangzhou Government To Launch $142M Subsidy Fund For Blockchain

Guangzhou government is going to launch an RMB1 billion (US$142 million) fund to support the development of blockchain, according to…

Chinese Debt Collection Firm YX Eyes $200M In US IPO

Hunan Yongxiong Asset Management Group Co., Ltd., offering debt collection services, is going to raise up to US$200 million in…

Sequoia Leads $80M Series C1 Funding In Automotive Aftermarket Firm CassTime

CassTime, an automotive supply chain company, announces on Thursday that it has secured US$80 million in a series C1 funding…

Hillhouse-Backed Biotech Firm I-Mab Eyes $100M In US IPO

I-Mab Biopharma, a Chinese-clinical stage biopharmaceutical company, has filed for an up to US$100 million IPO of American Depository Shares…

Co-Founder Zhan Ketuan Dismissed From Bitcoin Mining Equipment Firm Bitmain

Bitmain technology, a Bitcoin mining equipment firm, announced on Tuesday that its co-founder Zhan Ketuan has been ousted from Bitmain.…

Bitcoin Mining-Related Firm Canaan Seeks To Raise US$400M In US IPO

Canaan Creative, Hangzhou-based computer hardware manufacturer, is going to raise US$400 million in an initial public offering (IPO) in the…

Ant Financial-Backed O2O Rental Housing Platform Danke Apartment Files For US IPO

Danke Apartment, a Chinese Internet-enabled rental housing platform, has filed an F-1 prospectus to the U.S. Securities and Exchange Commission…

Matrix Leads $15M Series A1 Funding In Anti-Tumor Drug Firm QnQuality

QnQuality Pharmaceuticals Ltd., a Shanghai-based drug R&D company, announces on Monday that it has raised US$15 million in a series…

China’s Cryptography Law Passed To Gear Up State-Backed Cryptocurrency

China's parliament, the standing committee of the 13th National People's Congress (NPC), has passed a law on cryptography to pave…

Huawei-Linked Fund Habo Makes Its First AI Company Investment In iDeepWise

Venture capital firm Habo Investment, a wholly-owned subsidiary of China's tech giant Huawei, has invested in a Chinese AI-based company…

Investor At Qiming Venture Partners Is Optimistic About AI Company

Zhou Zhifeng, the co-founder of Chinese venture capital firm Qiming Venture Partners, said that AI is a promising field for…

Chinese Shunwei Capital Joins $55M In India’s Bike-Hailing Unicorn Rapido

Indian bike-hailing start-up Rapido has raised US$55 million in a series B funding round from Chinese venture capital fund Shunwei…

Tencent-Backed Database Firm Transwarp Gets $71M Fund From CICC-Linked Fund.

Chinese database software company Transwarp announces on Thursday that it has raised RMB500 million (US$71 million) in a series D2…

AI Start-Up Emotibot Raises $45M In Series B+ Funding Round

AI solution provider Emotibot Technologies announces on Thursday that it has raised US$45 million in a series B+ round of…

Huawei Unveils Its Latest 5G Full-Series Solution

Edward Deng, president of Huawei's wireless solutions, unveiled Huawei's latest 5G full-series solution at the 2019 Global Mobile Broadband Forum.…

Hillhouse Capital And China Renaissance-Linked Capital Co-Lead $50M Series B Round In Education Startup Hetao 101

Hetao 101, a programming education for children online platform, announces on Wednesday that it has raised US$50 million in a…

Huawei Unveils Ambitious Plans To Maker LiDAR And Smart Car Solutions, Will Impact Baidu, Chip Makers, Horizon Robotics

Chinese telecommunications giant Huawei unveiled ambitious plans to supply a comprehensive range of products and services to the smart and…

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