CDN (Content Delivery Network) Provider CrazyCDN announced a $10 million USD series A led by Morningside Ventures. The Shanghai-based company is co-founded by Alibaba’s Xiao Zhi Ming and Alibaba vice president Dr. Lu Peng.

Wealth management company, Suishouzan received several million RMB in seed funding from Gobi Partners. Suishouzan, a incubated company from 9FBank, was launched this November.

“It was bit of like a fresh air in fintech sector! Wealth management is no longer a passive way of earning money. To earn more money is user’s direct need, and it has lot to do with attribution to the society. We saw that It has a lot of opportunity ahead,” Michael Zhu, partner at Gobi Partners said.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com