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  Violet Tang 10:29 pm on October 18, 2018 Permalink  

  Alibaba Invests $290M In Chinese Liquor E-Commerce Firm 1919 Wines 

  Alibaba Group Holding Limited has injected a RMB2 billion (US$290 million) series C round of investment to Chinese liquor e-commerce retailer 1919 Wines & Spirits Platform Technology Co., Ltd., according to a company announcement. After this round, the company is valued at RMB7 billion(nearly US$1 billion), making it a unicorn in the Chinese alcoholic drinks […]

  Alibaba Invests $290M In Chinese Liquor E-Commerce Firm 1919 Wines appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Li Dongmei 5:34 pm on October 18, 2018 Permalink  

  Chinese Rollable Display Maker Royole Raises Fresh Capital At $5B Valuation 

  

  Chinese rollable display company Royole Corp has raised new capital from investors including Yingke Innovation Asset Management Co., Ltd. at a valuation of US$5 billion, according to people with knowledge of the matter. It’s unclear how much capital Royole raised in the new capital injection, but the company is in the process to secure more […]

  Chinese Rollable Display Maker Royole Raises Fresh Capital At $5B Valuation appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Violet Tang 4:51 pm on October 18, 2018 Permalink  

  Singapore NetsPay Said To Enable Pay in China By Teaming Up With Tencent’s WeChat Pay 

  

  Singaporean electronic payment services company the Nets Group is in talks with Tencent Holdings’ WeChat Pay to allow users of its NetsPay digital wallet to make mobile payments in mainland China. The partnership will allow NetsPay users to scan QR codes in stores accepting WeChat Pay in China and settle purchases in Singapore dollars. Negotiations […]

  Singapore NetsPay Said To Enable Pay in China By Teaming Up With Tencent’s WeChat Pay appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Katherine Guo 4:50 pm on October 18, 2018 Permalink  

  DealShot: Chinese Blockchain Firm Cobo Wallet Raises $13M From Danhua, NEO Global Capital 

  

  China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.

  DealShot: Chinese Blockchain Firm Cobo Wallet Raises $13M From Danhua, NEO Global Capital appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Shanghai News 3:16 pm on October 18, 2018 Permalink  

  Koning Harald spreekt in Shanghai over de zee 

  In zijn rede zei Harald dat hij en zijn vrouw Sonja blij zijn dat ze voor de derde keer in Shanghai zijn ... van groot economisch belang is voor de relatie tussen Noorwegen en China en dat de oceanen ...

  Read the original article: shanghai china - BingNieuws

   
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  Staff Writer 2:53 pm on October 18, 2018 Permalink  

  JD.Com Opens Up Its Logistics Network To Users 

  

  Chinese e-commerce firm JD.com is opening its logistics network up to consumers to send parcels around the country, the company said today in an announcement. JD’s new parcel delivery service enables users of the company’s app in Beijing, Shanghai and Guangzhou to send items within cities and throughout mainland China. The move is the latest […]

  JD.Com Opens Up Its Logistics Network To Users appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Sophy Yang 1:33 pm on October 18, 2018 Permalink  

  Chinese Tech Media Firm 36Kr Establishes $144M Venture Capital Fund 

  

  Beijing-based 36Kr, a technology media platform and entrepreneurship service provider, today announced the establishment of a RMB1 billion (US$144 million) venture capital fund. The fund aims to support early and mid-stage companies in the field of consumption upgrade, high-tech, medical, cultural, besides others. The company has been running the fund since last 11 months and has […]

  Chinese Tech Media Firm 36Kr Establishes $144M Venture Capital Fund appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Violet Tang 1:16 pm on October 18, 2018 Permalink  

  Chinese Mobile Advertising Firm Panshi Raises $320M In Series D Round 

  

  Chinese online and mobile advertising firm Panshi has raised RMB2.25 billion (US$320 million) in series D round of financing from Cybernaut Investment Group. Existing investors including Hana Financial Group and CCB Trust Co. Ltd. also participated in the latest round. Hangzhou-based Panshi is aiming to list its shares in Hong Kong by the end of […]

  Chinese Mobile Advertising Firm Panshi Raises $320M In Series D Round appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Violet Tang 12:54 pm on October 18, 2018 Permalink  

  Baidu Joins Partnership On AI As First Chinese Member To Address Artificial Intelligence Challenges 

  

  Chinese search engine provider Baidu Inc. has become the first Chinese member of the US-led supergroup on artificial intelligence (AI) development, namely the Partnership on AI (PAI), to formulate practices and address the challenges of AI technologies, said PAI in an announcement released on Tuesday. The group, which counts big names like Amazon and Apple […]

  Baidu Joins Partnership On AI As First Chinese Member To Address Artificial Intelligence Challenges appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Peter Peng 12:43 pm on October 18, 2018 Permalink  

  Macau-Based Casino Firm Studio City Raises $359M In US IPO 

  

  Macau-based casino operator Studio City International Holdings has raised US$359 million in an IPO in the U.S., pricing its shares at top of a predicative price range. The company sold 28.75 million American Depository Shares (ADSs) at US$12.50 apiece, the peak of its target range it had set between US$10.50 and US$12.50, according to data compiled by Bloomberg. The […]

  Macau-Based Casino Firm Studio City Raises $359M In US IPO appeared first on China Money Network.

  Read the original article: China Money Network