Zhongguancun, Beijing's Silicon Valley, promises RMB 15 billion to early-stage startups

Regional government bodies at Zhongguancun, a district in Beijing which is…


ByteDance rumored to reach $75 billion valuation after closing pre-IPO financing round

ByteDance, parent company of content aggregator Jinri Toutiao and short video…


45 listed Chinese tech companies refinance to drive innovation

Over 45 Chinese tech companies have announced their intentions to refinance,…


Video sharing app Kuaishou rumored to raise new funding with valuation at $15 billion

China’s leading short social video and photo sharing app Kuaishou is rumored to…


Fintech startup Wecash bags US$ 80M in Series C financing

Fintech startup Wecash (闪银) announced today that is has raised US$ 80 million…


WeChat official account popularizing art gets valued at more than RMB 200 million after series A

Yiwai11 (意外艺术), a WeChat official account dedicated to popularizing fine art,…


Tencent Wants To Add Another $2 Billion USD To Their Arsenal

China’s internet giants are gearing up for some serious spending. Tencent, the…