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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…

Volcanics Venture, CCV Lead $15M Series B Round In Chinese Digital Marketing Solutions Provider

Naxions, a Chinese provider of digital marketing solutions for pharmaceutical companies, has completed a US$15 million series B round of…

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…

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…

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…

Sequoia Joins $50M Funding Round In E-Reimbursement Service Provider Yi Kuaibao

Yi Kuaibao, a Chinese online service platform for enterprise reimbursement, announces on Tuesday that it has completed US$50 million altogether…

Sequoia-Backed Fraud Detection Solution Provider DataVisor Completes Series C+ Round

DataVisor, a fraud detection solution provider, announces at the World Internet Conference in Zhejiang province that it has raised tens…

Tencent Leads $141M Series B Round In Chinese E-Invoicing Firm Golden

Hainan Golden Technology Co., Ltd. announces on Friday that it has completed RMB$1 billion (US$141 million) in a series B…

Chinese CAD/CAM Solutions Provider ZWSOFT Nets $19M In Series B Round

Chinese CAD/CAM solutions provider ZWSOFT announced on Wednesday that it has raised RMB140 million (US$19.78 million) in a series B…

CMC Leads $100M Series B Round In Chinese Internet Literature Platform Midu

Chinese Internet literature platform Midu, comprised of Midu Novels and Midu Novels Lite, has secured US$100 million in a series…

Chinese Tencent Joins $585M Funding Round In Indian B2B Ecommerce Platform Udaan

Indian business-to-business (B2B) e-commerce platform Udaan announced that it has raised US$585 million in a new funding round, according to…

Sinovation Ventures Leads $14M Series B Round In Internet-based SaaS Medical Care Platform Ming Yi Zhong He

Internet-enabled medical platform Ming Yi Zhong He announces on Tuesday that it has raised more than RMB100 million (US$14 million)…

Ant Financial Leads Nearly $100M Series C Round In Chinese E-Signature Provider

Hangzhou-based electronic signature service provider Tsign has secured nearly US$100 million in a series C round of financing led by…

Temasek Leads $100 M Series C Round In Cloud-Based Software Firm Xforceplus

Cloud-based software company Shanghai Xforceplus Information Technology Co., Ltd. officially announced on Thursday that it has secured nearly US$100 million…

Alibaba-Backed Big Data Solution Provider Dt Dream Raises $84M

Hangzhou Dt Dream Technology Co Ltd, a cloud computing and big data solution provider, announces on Thursday that it has…

Tencent Joins $20M Round In Blockchain Start-Up Everledger

UK-based technology company Everledger announced on Tuesday that it has completed its US$20 million series A funding led by Tencent…

IDG Capital Leads $35M Round In Chinese Intelligent Platforms Service Start-Up Deepexi

Deepexi, a Beijing-based intelligent platform, announces at a press conference held in Beijing on Tuesday that it has raised US$35…

Legend Capital Leads $28M Round In Chinese Auto Parts Supplier Mancando

Chinese automotive parts supplier Mancando has raised RMB200 million ($28.19 million) in series A+ round of financing led by the…

Huawei Unveils AI Computing Solutions Atlas 900 To Rival Google, Nvidia

Chinese telecommunications powerhouse Huawei unveiled Atlas 900, an AI computing solution the company claims to be the world's fastest AI…

Chinese AI-Enabled Computing Solutions Provider Iluvatar CoreX Closes Series B Round

Iluvatar CoreX, a Chinese artificial intelligence (AI)-enabled computing solutions provider, has raised hundreds of millions of yuan in a series…

S&P Global Invests In Chinese Alternative Data Product Platform BigOne Lab

Chinese alternative data product platform BigOne Lab has raised a strategic investment worth millions of U.S. dollars led by S&P…

ByteDance Completes Acquisition Of Chinese Wikipedia-Like Site Baike.com

ByteDance, the Beijing-based company behind the popular short-video app TikTok, has acquired Chinese Wikipedia-like website Baike.com to step up its…

Sky9 Capital Leads $100M Series C Round In Chinese Social Commerce Start-Up

Chinese social commerce start-up Whale Network announced on Sunday that it has raised US$100 million in a series C round…

Chinese WeChat Direct-Sale Solutions Provider Zhiketong Raises $42M Series C Round

Zhiketong Technology, a Chinese start-up that utilizes social media app WeChat to provide direct-sale marketing solutions, has raised over RMB300…

Fresh Capital Leads $20M Series B Round In Chinese Social E-commerce Start-up

Chinese social e-commerce platform Wanwu Xinxuan has raised US$20 million in a series B round of financing led by the…

Chinese Investors Back Indian Social Networking Platform ShareChat In $100M Series D Round

ShareChat, an Indian regional language social networking platform, announced on Friday that it has raised US$100 million in a series…

China’s Forebright Capital Leads $30M Series B Round In Cloud Networking Start-Up

Zenlayer, a Los Angeles and Shanghai-based software-defined network and cloud services provider, announced on Thursday that it has raised US$30…

WeChat Pay, Alipay Partner QFPay Gets $20M Eyeing Asian Market

Beijing-based digital payment start-up QFPay announced on Tuesday that it has closed US$20 million in a new funding round led…

Morningside Backs Chinese Low-Code Platform Start-Up ClickPaaS In Series A Round

Chinese low-code platform developer ClickPaaS has raised millions of U.S. dollars in a series A round of financing from the…

China’s 01 Venture Capital Closes Second USD Fund At $100M For Internet Investments

Chinese investment company 01 Venture Capital announced on Monday that it has raised US$100 million for the second USD-denominated fund,…