China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

China’s Communist party was never going to let a bunch of street protesters back it into a corner

PLA newspaper condemns barbecue restaurant for ads mocking war hero burnt to death by napalm

Silicon Valley-based medical technology start-up Scanadu Inc. has received US$35 million in series B funding led by Fosun International and Tencent Holdings Limited, according to a company announcement. New investors China Broadband Capital and Singapore's iglobe Partners also participated in the round. Existing investors Relay Ventures, Redmile Group, Ame Cloud Ventures and Three Leaf Ventures, […]

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Chinese cloud-based human resource SaaS (software as a service) firm Beisen has completed RMB110 million (US$18 million) series C round of financing led by Matrix Partners and another unnamed investor, according to Chinese media reports. Founded in 2002, Beijing-based Beisen received around US$10 million series B funding from Matrix and Sequoia Capital in 2013, according […]

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Yuyue Capital, founded in April this year by former Legend Capital managing director, Liu Erhai, has raised US$200 million for its debut venture fund, according to Chinese media reports. Liu left Legend Capital earlier this year, after spending 12 years in the Beijing-based venture firm. The new fund focuses on making early-stage investments, mostly series […]

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Shenzhen-based cloud communication service provider Ucpaas has completed close to RMB100 million (US$16 million) series B round of financing led by Legend Capital, according to a company announcement. Chengwei Ventures also participated in the round. Founded in April 2014, Ucpaas serves over 30,000 registered developers and corporate clients, including Alibaba Group Holdings and Xiaomi Inc. […]

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Shenzhen-based news aggregation mobile app maker Xiaozhi has completed RMB200 million (US$32 million) new round of financing from Chinese media and entertainment firm, Enlight Media Group, and China Renaissance, according to Chinese media reports. Founded in 2010, Xiaozhi currently has 70 million mobile app users with daily active users of eight million. The company reportedly […]

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Birth weights higher during clear-sky periods