China’s co-working space Kr Space raises USD 30…

The hot shared office sector has expanded beyond WeWork and the United States and seen newest financing of its apprentice in China. Kr Space, a Beijing-based shared office and incubator startup, raised RMB 200 million…

Bike sharing app ofo pushes ahead of rival…

Ofo, a leading bike sharing startup in Beijing, just got an edge over its rival, Mobike, a Shanghai-based bike maker and sharing app - at least in the race for financing. Ofo on Monday announced…

It’s on! Mobike to take on ofo with…

As AllChinaTech predicted earlier, Chinese bike sharing company Mobike has recently announced that it has landed USD 100 million in its Series C financing, as reported by Tencent Tech on Friday. Tencent Tech said in…

LeEco lands USD 1 B for its LeSEE…

Chinese tech giant LeEco on Monday announced that it had landed USD one billion for its electric vehicle unit, LeSEE super EV. The company aims to put its smart EV into mass production within three…

The USD 28 M financing plan of Baidu’s…

Dalian-based entertainment company Zeus announced on Monday that it will terminate its investment attempt in tech giant Baidu’s independent video subsidiary, an entity which was spun off in April. The investment from Zeus was going…

Singaporean digital media, Migme landed USD 1.5 M…

Global digital media company Migme recently told the Australian Securities Exchange (ASX) that it has completed its latest round of financing, amounting to USD 7.7 million, into which China's selfie app maker Meitu invested USD…