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China’s Booming Outbound Tourism Inspires Local Travel Services

The booming development of Chinese tourism industry, especially the outbound and backpack travelling sector, leads to the emergence of a raft of new tourism services recently. Qyer, a tourism service Alibaba just invested in, is principally engaged in providing recommendations and information to outbound tourists. The company’s core products cover travel guide, forum, inquiry and […]

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Hardware Accelerator HAXLR8R Graduates Ten New Startups, Opening Applications for the Next

HAXLR8R, an accelerator program for hardware-based startups around the world, graduated 10 new hardware companies from its recent program based in Shenzhen, China. The 10 startups are from North America, Europe and Asia, with two from China. During the 15-week program, they built products spanning markets such as robotics, connected devices, Internet of Things (IOT), entertainment and bio-hacking. […]

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Mobile Payments Service iBoxPay Secured $10 Million Series B Financing

iBoxPay, a Square-like mobile payment solution and platform provider, announced $10 million of Series B financing from SMIT, GSR Ventures and Atomic (announcement in Chinese). The company received 14 million yuan financing (about $2.3 mn) from GSR Ventures in 2011. iBoxPay features RFID reader, barcode scanner, the Square-function, USBKey for secure, e-signature etc, as described on […]

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Crowdsourcing Recruiting App Renren Headhunting Secured Series A Financing, Launched 3.0 Version

Renren Headhunting, a crowdsourcing recruiting mobile app, announced that it has secured millions of dollars from KPCB in Series A Financing. The company has received 20 million yuan (about $3.2 mn) of angel investment from Zhonglu Capital in April this year. The company recently rolled out Renren Headhunting 3.0, a version that aims to establish […]

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Angry Birds Soda Arrives In China

Rovio, developer of Angry Bird, plans to introduce Angry Birds soft drink to the Mainland China market in addition to its full product lineup ranging from t-shirts to posters. The pilot will start in mid-August in selected stores in Walmart and Carrefour, Li Xin, country director of Angry Birds  China told TechNode. Angry Birds claims […]

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