A fitness startup is helping busy people in Shanghai get out of their comfort zone by letting them make and bet on challenges. VIVERE, which means ‘dare to live’ in Italian, allows users to put challenges on the platform, such as “doing sit-ups in front of my boss”. Then other users can sponsor the challenge by […]
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Chinese Cloud Company QingCloud Seals $100 Million Series C
QingCloud, a cloud computing platform offering IaaS-based cloud services, announced that they have secured a 100 million USD Series C financing today, led by two RMB funds with participation from existing investor BlueRun Ventures. The new capital will be used for R&D and the construction of cloud infrastructure, the statement added. Co-founded by Richard Huang, Reno Gan […]
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Diabetes Management Platform Weitang Raises Series B From Yidu Cloud
Diabetes management platform Weitang has raised tens of millions USD in series B round of funding led by Yidu Cloud Technology Company Ltd. Weitang CEO Feng Yanfei said the latest round of funding is currently the largest amount ever raised by a diabetes management application. The app helps patients to track their blood sugar levels, food intake, […]
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Tencent To Pump $1.57 Billion USD Into International Cloud Computing Effort
Tencent has revealed it will invest 10 billion yuan ($1.57 billion USD ) over the next five years to boost a multi-national cloud computing operation across North America, Hong Kong and China. The online social and gaming giant is looking to boost its presence in the cloud computing field as other internet giants, Alibaba and […]
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10 Services Set To Dominate China’s Billion-Dollar Cloud Industry
According to IDC, China’s public cloud service will be a one-billion RMB market by 2016. So who is taking a bite of the pie so far? Predictably, the Baidu-Alibaba-Tencent-Xiaomi squad have been quick to enter with heavily funded projects, but it’s still a diverse market as players edge their way in through partnerships and business model innovation. As the […]
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ChinaNetCloud Announces $9 million USD A Series As Cloud Market Heats Up
ChinaNetCloud, one of the burgeoning number of cloud services in China, has announced a $9 million dollar A series, led by Juren Capital and followed by Jolly Capital. Founded in 2008, the startup currently claims to be working with over 300 companies across the e-commerce, mobile, P2P lending and IoT sector. According to the Founder […]
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Alibaba Injects $1B USD In Aliyun & Inks Partnership With Yongyou
Chinese internet giant Alibaba Group announced that it will invest an additional $1 billion USD into cloud computing arm Aliyun, in an attempt to beef up its global presence, improve R&D capacity and foster partnerships with local data technology companies. The investment is intended to set up a global network for Aliyun with new centers […]
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Human Resources Is Still A Challenge For China Startups: ChinaNetCloud CEO
This post is part of our series Say Hello To China’s Expat-preneurs, where we will talk to a mix of foreign founders and tech veterans who have tackled China’s growing tech space and won. Stay tuned over the coming three weeks as we talk to foreign founders from Beijing to Shenzhen about what it takes to thrive in China. You can […]
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Meet ChinaBang Awards 2015 Winners, as voted by Chinese Users
ChinaBang Awards, the brainchild of TechNode which honors the best in China’s startups, is now in its fourth year. After two months of nominations, online voting and result reviews, the winners were finally announced at our annual ChinaBang event. Congratulations to all award winners who stood out from over 1,000 nominations this year. Hardware ANTVR […]
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Software House Kingsoft Seeks Turnaround with US$1bn Cloud Investment
Kingsoft, founded in 1988 as one of the first software development companies in China, announced yesterday that it would invest more than US$1 billion in its cloud business in the next three to five years. The company has jointly invested in 21Vianet, a Chinese network-neutral data center service provider, together with Xiaomi, whose CEO Lei Jun […]