Tencent ups the bike-rental ante with largest funding round so far

Mobike today announced that it has raised over US$600 million in Series E, the largest ever financing round in the…


Young men are driving the boom in China's online auction market

Online auctions are taking off in China with the increase of people coming online and total online transaction. A…


22 arrested in theft and sale of iPhone users' personal data

Police in east China’s Cangnan county recently arrested 22 people on suspicion of stealing and selling iPhone users’…


Mobike announces support for Apple Pay, iPhone iOS 11 camera to accelerate globalization drive

The bike rental war between Mobike and its rival ofo is still ongoing in China, with no end in sight. The pair has been…


Airbnb names new China head, rumored in talks with local rival Tujia

After nearly two years in China, Airbnb finally appointed someone to head its China business: Ge Hong as vice…


Shenzhen bans traffic offenders from renting bikes after deaths and injuries

Starting from June 1, users in Southern China's city of Shenzhen will be forbidden to use bike rental services for at…


10 of the best performing Chinese tech companies in Q1

Major listed Chinese tech firms have released their latest quarterly results, and most of them delivered strong…


[Updated] Online tutoring platform becomes unicorn after series E

Correction, June 01: This post originally stated Yuandaofu's total valuation in RMB. Yuanfudao (猿辅导), online tutoring…


China Funding Daily, May 26, and 27: Online sports, live streaming and elevator TV media

New fundings in China on May 26, 2017 Lesports (乐视体育), a 3-year-old, Beijing-based internet-based eco-sports company…


What Panda TV's 1 bln RMB series B means for e-sports and live streaming

Panda TV (熊猫直播), a Shanghai-based game streaming website, has raised RMB 1 billion in series B funding (in Chinese) led…