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

Sale of non-core businesses highlights tendency to follow short-term trends

Diplomat clashes with Communist party tabloid over Chinese stance in disputed waters

pandatvLeEco's cloud computing unit has led a RMB360 million (US$54 million) funding round in Panda TV, an online live video streaming platform launched by Wang Sicong, the son of Dalian Wanda Group chairman Wang Jianlin. In return, Le Cloud will own around 15% of Panda TV, indicating that the one-year-old start-up is valued at RMB2.4 […]

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robotsLightspeed Venture Partners, Sinovation Ventures and Chengwei Capital have participated in a series B+ round in A.I. Nemo, a Chinese smart hardware and robotics start-up. Founded in 2014, Beijing-based A.I. Nemo has raised nearly US$30 million combined in a series A and series B funding round, the company said without giving out specific financial details. […]

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qihoo360Shenzhen-listed Aier Eye Hospital Group Co., Ltd. has agreed to invest US$30 million in Qihoo 360 Technology Co. Ltd. to capitalize on a potential A-share listing of the privatized Internet company at a much higher valuation. The investment, to be done via a subsidiary of Aier Eye Hospital, is a first for Qihoo 360 after […]

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googleglassTranslink Capital, Hina Group and China Aviation Industrial Fund have jointly invested in a series A round worth around US$10 million in XGene, a Chinese smart device start-up. Founded in 2011, Beijing-based XGene focuses on developing ultra-small, long-distance and high-precision automotive binocular technology that can be used on self-driving cars, drones, robotics and other smart […]

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QiandaiInternet lifestyle service and group buying platform Meituan Dianping announced that they have completed the acquisition of Qiandai.com, a third-party …

appMagicsChinese interactive entertainment content platform Linekong has completed a strategic investment of tens of millions of RMB in appMagics, a …