Chinese VC Funding Weekly Overview (5.10-5.14)

May 14, 7:02 am
There is the latest news about Chinese VC.

<Business Innovation Daily> Xiaomi Group settles lawsuit against U.S. government

May 13, 8:10 am
The Xiaomi Group and the U.S. Department of Defense have once again issued a joint status report on the Military List lawsuit, according to Bloomberg news on May 12.

Chinese HR tech firm Beisen bags $260 million Series F

May 13, 6:50 am
Chinese cloud-based human resource SaaS firm Beisen has received $260 million in its Series F funding, which is the largest financing in the local human resources (HR) software-as-a- service (SaaS) market.

<Editor's Pick> With SN15's successful landing, will humans get closer to Mars?

May 12, 5:59 am
The SN15 took off from the company's test site in Boca Chica, Texas, at 6:24 a.m. Beijing time on May 6, and the entire test took about six minutes, after which the SN15 successfully landed in its designated position on the test site.

What role will Qihoo 360 play with its entry of the EV race?

May 11, 8:17 am
Chinese Internet security firm Qihoo 360 is planing to push an investment into Nezha's Series D round as the electric vehicle (EV) brand, owned by the automaker Hozon Auto, is targeting to float shares on Shanghai's Nasdaq-style STAR Market this year.



P2P Sharing economy Model of Freight Logistics O2O Platform

The application of Didi's business model to the field of freight logistics, with truck drivers on one side and customers in demand on the other, seems to have great prospects.

Updated in March 28, 2019

Community group buying is about to break out? The Great Battle of Thousand Regiments Begins

Community group buying is a behavior of shopping and consumption in real residential communities. It relies on a regionalized, small-scale and localized form of group buying in real communities. Consumption stimulation has a significant effect on the marketing of shops which promotes the regional reputation and reputation of shops.

Updated in November 20, 2018

Unicorn Club, an unlisted company valued at more than $1 billion

Entry criteria: 1. Private equity investment without listing; 2. Enterprise valuation exceeded $1 billion (listed companies have been gradually excluded)

Updated in November 21, 2018

Start-ups that provide programming and IT education for teenagers

With the tide of the Internet, programming education should start with dolls. What start-ups are offering programming and IT education to teenagers?

Updated in November 21, 2018

Financing Startups Data




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Chinese short video and livestreaming app Douyin is appealing in a lawsuit with Tencent over a copyright dispute related to game livestreaming, its parent ByteDance confirmed with KrASIA this week.


Tesla Inc is in talks with Chinese battery maker EVE Energy Co to add the firm to its Shanghai factory supply chain, four people familiar with the matter said, as it seeks to boost procurement of lower cost batteries.


Alibaba affiliate Ant Group became China's largest seller of non-money-market mutual funds in the first quarter, industry data showed, disrupting a market dominated by banks despite a regulatory crackdown.


Chinese video streaming platform iQiyi, majority-owned by Baidu, may be able to turn a profit in five years, its chief executive told Reuters in an interview.


China’s government today ordered app stores to pull 90 mobile phone applications, including those of online travel agency Tuniu and careers platform Maimai, because they infringed the rights and interests of users.



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