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BAI Launches Angel Investment Arm BetaFund to Foster Early-stage Startups

BAI CEO-Annabelle Long Bertelsmann Asia Investments (BAI), the investment arm of Bertelsmann AG in Asia, has announced the launch of BetaFund, an angel investment fund providing financing and professional support to early-stage startups. In next few years, BetaFund expects to invest tens of millions dollars in mobile, social networking and gaming industries, according to the […]

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Shenzhen-Based Coding Lets You Develop Anytime, Anywhere

Powered by Ucloud, Coding is a cloud development platform that allows developers to code anytime from any browser, and enables them to collaborate in real time. Similar cloud editors from the US include Codeanywhere and Cloud9, but these websites focus mostly on the development environment and partner with third-party services, for example, GitHub to host codes, […]

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[TechCrunch Beijing] Announcing Winner Of Startup Competition!

Beijing in the summer time! The TechCrunch Beijing Startup Competition culminates in a series of company pitches that vie for top honors. At stake are  sponsored by Upyun Ucloud, Kiicloud, Qiniu, Amazon AWS, and a win earns the company instant credibility among the upper echelon of tech investors, entrepreneurs, and start-up influencers. Hundreds of startups have been […]

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[TechCrunch Beijing] Chinese Cloud Services Taking on New Role as Incubators

Guo Peng, vice president of UCloud, Dominique Tu, VP at Kii, and Lv Guihua, president at Qiniu, took stage today at TechCrunch Beijing with TechCrunch China co-editor Shuhang Lee to discuss the red-hot cloud service industry. As old friends of ours, the three panelists have joined us last year at TechCrunch Shanghai to talk about the sector. When being asked to […]

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Chinese Cloud Service Provider Qiniu Raises Eight-digit Dollars Series C Financing

Chinese cloud service provider Qiniu Information Technology announced eight-digit dollars of Series C financing led by CBC and followed by existing investors of Matrix Partners China and Qiming Venture Partners, who participated in Series A and Series B round, respectively. The company disclosed that the financing will be used in infrastructure and cloud industrial chain construction, R&D, […]

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Congratulations To ChinaBang 2014 Winners! HAXLR8R Wins Best Institutional Investor

The winners of ChinaBang Awards of the Year 2014 were announced at our annual event yesterday. Congratulations to all of the winners and nominees in nine categories! Hardware accelerator HAXLR8R beat out competitors and took home the best institutional investor award. Best Software/Consumer Apps  NetEase Cloud Music Boqi eJiajie Super – Winner Liulishuo  – Winner Didi Dache – […]

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AWS Landing in China in Cooperation with Cloud Computing Infrastructure Provider Cloud Valley

Amazon’s AWS cloud services division inked strategic cooperation agreement with Cloud Valley, a Beijing-based cloud computing infrastructure provider backed by CBC Capital, finally landing in Chinese market after loads of buzz since 2009, as well as the rumors fueled by a Chinese AWS website launched late 2012 (report in Chinese). The two parties may set up […]