China Money Network and KPMG Present the Annual “Special Situations Forum: China 2017” in Hong Kong

Hong Kong, November 28, 2017 /ChinaNewswire.com/ – Under the backdrop of an economic rationalization and a government-led campaign to reduce excess capacity and lower corporate stock and leverage, the investible assets in this wave of expected rising distressed debt in China has clearly different characteristics compared to past cycles. China Money Network has researched that… Read More

How Fast Are Venture Capitalists Moving To Cure China’s Ills?

Shanghai, China, September 14, 2017 /ChinaNewswire.com/ – China Money Network, a leading intelligence platform on China’s private markets, is proud to host the China Healthcare Investor Forum 2017, which features prominent Chinese venture and private equity investors. Top dealmakers from KPCB, CDH Investments, Lilly Asia Ventures and OrbiMed will gather on September 19 in Shanghai… Read More

Artificial Intelligence Experts Converge On Shanghai Next Week

Shanghai, China, August 29, 2017 /ChinaNewswire.com/ – The artificial intelligence revolution has begun. PwC estimates that thirty-eight percent of jobs in the U.S. are at high risk of being replaced by robots and AI within 15 years. Prominent Chinese AI investor Dr. Kai-Fu Lee predicts half the jobs in the world could be replaced by… Read More

China Money Network Launches Its China Unicorn Ranking

Beijing, China, May 9, 2017 /ChinaNewswire.com/ – China Money Network, the trusted news platform on China for millions of global investors, today launches its China Unicorn Ranking 2017, the most complete and up-to-date list of Chinese private companies valued at US$1 billion or more. With 102 unicorns, a term used to describe the statistical rarity… Read More

China Money Network Launches China Top 10 AI Ranking

Hong Kong, China, March 10, 2017 /ChinaNewswire.com/ – China Money Network Limited, the go-to source of Chinese smart investments and tech innovation news for millions of global investors, today launches the China Top 10 AI Ranking to highlight the country’s finest artificial intelligence companies. China’s best artificial intelligence companies are engaged in a variety of… Read More

Global Gay Social Network Gains Shanghai Investment

HornetOne of the world’s largest social networks aimed at homosexual men just raised funding from a Shanghai firm. Shanghai-based venture …

Yixia Tech’s Latest Cash Infusion Will Spur Social Media Videos

MiaopaiShort videos are becoming a mainstay of Chinese social media, especially on Weibo.com. A new investment in the company behind …

Me Too! Simtoo Gains Drone Funding In China From Renren

Simtoo droneSimtoo, a Shenzhen-based drone manufacturer, has reportedly closed a RMB72 million funding round. Chinese social networking company Renren Inc co-led …

Blockbuster Investment Shines On Chinese Movie Review Website

movie theaterTwo thumbs up for Dushe, the Chinese movie review website that has just raised about US$11 million. Bertelsmann Asia Investments …

Momo Cancels Go-Private Deal To Focus On Live Short Video

momoChinese mobile social networking firm Momo Inc. says an investor group including chairman and CEO Tang Yan has withdrawn its …

Lenovo Launches Entrepreneurship Accelerator In Hong Kong

Lenovo websiteFocusing on supporting entrepreneurial start-ups specializing in cutting-edge technologies such as artificial intelligence, big data, and robotics, China’s Lenovo Group …

Beibei.com Raises Investment Aimed At China’s Population Boom

babyChinese maternal and baby supplies e-commerce platform Beibei.com completed its fourth round financing of USD100 million. Its investors included well-known …

Discover How Blackstone And CITIC Capital View Investing In China’s Real Estate Sector

Shanghai, China, June 6, 2016 /ChinaNewswire.com/ – Next Tuesday, top investors from the Blackstone Group, CITIC Capital, Everbright Ashmore, V Capital and more will convene in Shanghai for the China Private Real Estate Investment Roundtable 2016. The intimate event, organized by China Money Network, will feature China’s most successful private real estate investors. Register now … Continue reading “Discover How Blackstone And CITIC Capital View Investing In China’s Real Estate Sector”

Chinese Campus Social Networking App Gains Investment

tataufoFacebook began as a campus-wide social network for students, and a newly-invested business in China is claiming a similar origin …

China Private Real Estate Investment Roundtable Features Top Investors From Blackstone, CITIC Capital And More

Shanghai, China, May 27, 2016 /ChinaNewswire.com/ – China Private Real Estate Investment Roundtable 2016, organized by China Money Network, will gather China’s most successful private real estate investors from leading deal makers from Kai Long Fund, Everbright Ashmore, CITIC Capital, V Capital and more. The high level event, to be held from 16:30 to 19:30 … Continue reading “China Private Real Estate Investment Roundtable Features Top Investors From Blackstone, CITIC Capital And More”

Who Knew Chinese Food Delivery Could Get So Big?

takeoutNow that Ele.me’s agreement with Alibaba and Ant Financial for a combined USD1.25 billion investment is signed, the company has …

Financial Trading Tech Luminaries Will Soon Converge In Shanghai

Shanghai, China, March 28, 2016 /ChinaNewswire.com/ – Fintech in China is booming, and nowhere is the drive greater than in Shanghai. The upcoming China Financial Trading Technology Congress 2016 will see hundreds of financial institutions, over 300 senior executives, and more than 40 professional speakers participating. The event takes place June 30 – July 1 … Continue reading “Financial Trading Tech Luminaries Will Soon Converge In Shanghai”

Lenovo Begins Major Business Reshuffle Next Week

LenovoIt probably hurts to be a manager at Lenovo today. Nearly all of the company’s business groups face upheaval in …

New MGF Pitching Session ‘The Venture Den’ Brings Together A Panel Of Investors With A Total of US$131M Ready To Invest In Mobile Games

Hong Kong, March 23, 2016 /ChinaNewswire.com/ – MGF Asia, taking place April 12th-13th at the 5-star Mira Hotel, will be launching the first ever ‘The Venture Den’, a no nonsense pitching session where the brightest and best independent and smaller studios will be presenting before a panel of world class investors and publishers with a … Continue reading “New MGF Pitching Session ‘The Venture Den’ Brings Together A Panel Of Investors With A Total of US$131M Ready To Invest In Mobile Games”

China’s Baidu Is Increasing Its Indian E-commerce Exposure?

Chinese search engine company Baidu reportedly plans to acquire a controlling stake in Mydala.com, a leading e-commerce platform for discounted products in India. According to reports in Indian local media, Baidu expressed an intention to acquire a majority stake in Mydala.com and the investment can reach up to USD100 million, which is about CNY630 million. […]

Legend Holdings Invests In Chinese Social Mobility Company

Legend Holdings announced a USD58.5 million strategic investment in Social Touch, a corporate mobile social marketing solutions provider in China. Social Touch, which was formerly known as ShiquTech, was established in 2011. As a social management system, service and data solutions provider, the company mainly focuses on providing Social CRM solutions to enterprises. Commenting on […]

Chinese Social Media Aggregation Site Shuts Down

Chinese forum aggregation site Daqi.com formally announced its closure. Daqi.com published a notice on its official website which says they terminated the offering of content services with immediate effect. They apologize for inconvenience caused and appreciate the understanding of users. Founded in November 2004, Daqi.com was originally known as ChinaBBS.com and it is one of […]

Hong Kong Mobile OS Company Aims To Beat Android, Apple

The freshly-minted Hong Kong-based mobile operating system company Acadine Technologies is hoping to make room for itself among the ubiquitous of Android and iOS devices. The company says it received USD100 million in its first round financing from China-based Tsinghua Unigroup International. Acadine is so new, that only yesterday, July 15, did it register and […]

China’s Online Travel Sector Finds Big New Investment

Who said only Ctrip and eLong ruled the Chinese Internet travel world? LY.com, one of China’s many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital. As the lead investor, Wanda Culture Industry Group invested CNY3.58 billion in […]

Japanese E-commerce Firm Makes Chinese Rebate Investment

Japan-based Rakuten has taken a minority stake in Fanli.com, one of China’s online rebate and rebate-based flash sale companies. The C-series round values the Chinese online shopping company at approximately USD1 billion. As part of this investment, Kevin H. Johnson, CEO of Ebates, a Rakuten Group company, will join Fanli’s board of directors. Rakuten’s investment […]

What’s The Future For Taxi Apps In China?

On Valentine’s Day, two of China’s taxi-hailing apps agreed to merge. But is this a good business decision and does it benefit consumers in China? China’s two leading taxi-hailing apps Didi Dache and Kuaidi Dache jointly announced on February 14, 2015, that the two companies will realize a strategic integration and they will hold an […]

Suning Appoints Management Committee Chairman For PPTV

China’s Suning announced plans to increase its strategic investment in PPTV, a Chinese video website. At the same time, its board of directors appointed Fan Zhijun, executive president for Suning in East China, as chairman of the management committee at PPTV. Suning said that over the past year of transition, the strategic integration of PPTV […]

Tencent Makes USD70 Million Bet On Chinese Healthcare Social Networking

Tencent Holdings Limited is investing USD70 million into Ting Ting Group, the owner of Chinese online healthcare service community DXY.cn. Tencent gains a minority equity stake of DXY on a fully diluted and as converted basis, and the deal is expected to close soon. DXY plans to invest the capital into developing healthcare products for […]