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Real Estate Platform Fangdd Announces Funding As China Eases Real Estate Bans

Fangdd, a popular Chinese real-estate platform announced they had closed a series C funding of $223 million USD led by Fountainvest Partners this July. The company announced series B funding of $80 million USD just two months ago from Vision Knight Capital China Fund, Lightspeed China Partners, and CDH Venture Partners. The Chinese government has recently eased restrictions on owning multiple […]

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Car Maintenance B2C Platform Tuhu Completes $100M USD Series C Funding

Shanghai-based Lantu Information Technology, operator of car maintenance B2C platform Tuhu, has raked in nearly $100 USD in series C funding from Joy Capital, Welkin, Far East Horizon and Haitong. Existing investors, Legend Capital and Qiming Venture Partners, also participated. The investment is earmarked for team, technology and offline expansion in a bid to maintain sustainable […]

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Exclusive: Pictures from World Internet Conference suggest WeWork, URWork on an “ice-breaking tour”

Like its previous versions, the ongoing World Internet Conference in Wuzhen has attracted the biggest names in China’s tech industry. Official meetings and keynotes aside, more casual business dinners, which gather China’s, or even the world’s richest technology tycoons, offered precious opportunities for them to get connected and share insights. It’s in China after all, […]

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Live from TechCrunch – How can a foreign hardware company enter China?

Shenzhen, the Silicon Valley in China, is becoming a must-destination for the foreign hardware startups to start their business. On the other hand, Chinese startups are starting from Shenzhen and expanding to global markets, such as educational robot kit Makeblock, drone maker DJI, and smartphone manufacturer Huawei. In the panel “Startup in Shenzhen”, Benjamin Joffe, Partner […]

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Slush Panel: Connecting startup communities and ecosystems

Why do we attend so many business events and meet-ups? While the idea of a startup might be based on beginning a business online and hoping to see exponential growth by attracting millions of internet users to their product, we know that it’s human-to-human connections that actually make things happen and these are done offline. So why do we […]

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Are China’s bike-sharing platforms really part of the sharing economy?

China’s O2O market has seen quite a few companies doing interesting things, some succeeding, some failing. The latest hot vertical is bike-sharing. According to the China’s bike sharing industry mini-report by China Channel, Mobike (backed by Tencent and Foxconn) and Ofo (backed by Didi and Xiaomi) are clear market leaders amongst growing competitors. Founded in January 2015, the […]