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Dudu Bus raises 100 million yuan in Series B round
05/13/2016|10:09:54 AM|
Shenzhen-based online bus charter platform DuduBus has raised 100 million yuan in the completed its B round financing.
Journey Education raises 20 million yuan
05/09/2016|7:40:14 PM|
Journey Education has raised 20 million yuan in its latest investment round led by Chuang Ke Xing (“创客星”). The company hinted that it is planning to apply for a listing on the New Third Board this November.
China’s carriers report buoyant Q1 results
05/04/2016|9:17:21 PM|
Major Chinese carriers posted decent gains in first quarter of the year due to ongoing low crude prices and increasing domestic demand
Shafalvxing closes Pre-A round financing with RMB 12 million
04/21/2016|10:20:47 AM|
Home rental app Shafalvxing announced on April 20 that it had completed its Pre-A round led by ZH Investment and investors had injected RMB 12 million into the online startup
HNA forms ecological technology group as sixth pillar
03/31/2016|2:15:04 PM|
HNA Ecological Technology Group has been officially set up in Haikou and becomes the 6th pillar of HNA Group after the conglomerate’s established presence in aviation, investment, tourism, finance and logistics. The eco-tech group has started “searching for acquisition targets around the globe”.
UCAR raises RMB 3.68 billion in latest funding round
04/13/2016|2:27:31 PM|
UCAR completed a financing round on February 29 and raised RMB 3.68 billion, pushing the company’s post-money valuation to RMB 28.7 billion, according to Charles Lu, chairman of the Chinese chauffeured service provider
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016|4:29:02 PM|
Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
BTG Hotel, Alitrip and Shiji initiate hotel alliance joint venture
04/01/2016|10:13:41 PM|
BTG Hotel announced that it had set up a joint venture with Alitrip and Shiji Information to form a hotel alliance brand and provide free full-content e-commerce services to the alliance’s hotel members.
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