Investors’ insights: Why did the Facebook of China…

[caption id="attachment_10829" align="aligncenter" width="640"] "Growing Vegetables" is Kaixin001's most famous online game. Photo credit of www.jiaodong.net[/caption] Chinese social network website Kaixin001 was recently acquired by Sunwin Intelligent Ltd, a company that designs IT solutions for…

From lab to living room: UBTech Robotics lands…

Humanoid robots maker, UBTech Robotics closed a USD 100 million Series B funding on Sunday. It was led by CDH Investments, and joined by CITIC Securities and its investment arm Goldstone Investment. After this round…

Parenting portal Babytree just secured USD 448 M…

Leading parenting portal Babytree landed RMB three billion (USD 448 million) this June. The COO of Babytree, Wei Xiaowei, made the announcement this Tuesday. This latest round of financing is in RMB and not USD,…

Accommodation app Uhouzz raises USD 7.5 M in…

Uhouzz, a house renting and buying platform for Chinese students overseas, has raised RMB 50 million (USD 7.5 million) in Series A financing on Monday. It is now valued at RMB 330 million (USD 49.4…

Meet Liuliu, the app that will make your…

Liuliu is an app that provides pet owners with their own mobile community. It closed a tens of millions RMB (a few million USD) round of Series Pre-A financing recently, led by Shanghai based Huijin…

Tech giant LeEco’s VR division may become the…

LeVR, the virtual reality (VR) division of Chinese tech giant LeEco, is in a new round of financing worth RMB 300 million (USD 45 million). Details have not been confirmed, but this financing round is…

Could this transform tech news coverage in China?…

Chinese business news website Jiemian.com announced last Saturday that it had landed RMB 300 million (USD 45 million) in Series B financing. PetroChina’s subsidiary Kunlun Trust led this round of financing. Jiemian.com said part of…