Shanghai Beat

Updates from July, 2019 Toggle Comment Threads | Keyboard Shortcuts

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  Eudora Wang 11:20 am on July 17, 2019 Permalink  

  Gobi Partners Leads $10.6M New Round Of Malaysian E-Commerce and Logistics Start-Up 

  

  Gobi Partners, a Chinese venture capital firm with over US$1.1 billion in assets under management (AUM), announced on Tuesday that it has led a US$10.6 million series B funding round of Malaysian e-commerce and parcel delivery start-up EasyParcel. Gobi Partners injected capital into EasyParcel through Meranti ASEAN Growth Fund, the fourth investment vehicle launched by […]

  Gobi Partners Leads $10.6M New Round Of Malaysian E-Commerce and Logistics Start-Up comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 11:22 am on February 27, 2019 Permalink  

  CapitaLand Reaches First Close Of Debut China-Focused Real Estate Fund At $556M 

  

  Singapore-based property developer CapitaLand Limited has reached the first closing of its debut China-focused discretionary real estate debt fund "CREDO I China" at US$556 million, said CapitaLand in a statement released on Wednesday. The US$556 million accounts for over 70% of its target capital raise of US$750 million, said CapitaLand in the statement. The fund, […]

  CapitaLand Reaches First Close Of Debut China-Focused Real Estate Fund At $556M comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 4:59 pm on February 20, 2019 Permalink  

  China Expands Global Footprint With Merged Funds To Invest In Africa, Latin America 

  

  China has merged two outbound investment vehicles, both backed by the country’s foreign exchange regulator with focuses on African and Latin American investments, to finance Chinese companies seeking to expand footprints in these regions, according to a report posted by Chinese financial media outlet Caixin on Tuesday. The State Administration of Foreign Exchange (SAFE) has […]

  China Expands Global Footprint With Merged Funds To Invest In Africa, Latin America comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 6:39 pm on February 19, 2019 Permalink  

  Alibaba Raises Stake In Chinese Investment Bank CICC Via $230M Deal 

  

  Alibaba Group has become the second-largest shareholder of Chinese investment banking firm China International Capital Corporation Limited (CICC) by raising its stake to approximately 11.74% in a deal worth over HK$1.81 billion (US$230.60 million), Alibaba confirmed with China Money Network on late Tuesday. The deal enables Alibaba to hold around 203 million CICC’s H shares, […]

  Alibaba Raises Stake In Chinese Investment Bank CICC Via $230M Deal comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 3:22 pm on February 19, 2019 Permalink  

  China To Debut The World’s First 5G Railway Station By End 2019 

  

  China is set to debut what it bills as "the world’s first 5G railway station" in Shanghai in late 2019, through the deployment of a 5G digital indoor system to provide ultra-fast data speeds to passengers, the country’s state-owned media People’s Daily reported on Tuesday. The 5G digital indoor system (DIS), expected to provide data […]

  China To Debut The World’s First 5G Railway Station By End 2019 comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 10:59 am on February 13, 2019 Permalink  

  China Seeks To Lead The World’s 5G Race With Its First Smart Highway 

  

  China has debuted its first 5G smart highway project in the country’s central landlocked Hubei province in early February — the latest attempt made by China to drive itself into an era of transportation efficiency armed by the next generation of cellular mobile communications. The 5G smart highway project is currently in the process of […]

  China Seeks To Lead The World’s 5G Race With Its First Smart Highway comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Technode 12:09 pm on January 29, 2019 Permalink  

  Why 2019 Will Be A Bellwether Year For Tech Entrepreneurs In China 

  

  This article by Rami Blachman originally appeared on TechNode, the leading English authority on technology in China The Wall Street Journal reported recently that Americans who flocked to China 15 to 20 years ago to build factories and open restaurant chains have despaired of the soaring labor costs, creeping regulation and the sour mood brought about […]

  Why 2019 Will Be A Bellwether Year For Tech Entrepreneurs In China appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Eudora Wang 1:20 pm on January 21, 2019 Permalink  

  Chinese Self-Driving Start-Up Roadstar.ai Dismisses Co-Founder Zhou Guang 

  

  Chinese self-driving technology start-up Roadstar.ai has dismissed its co-founder and chief scientist Zhou Guang due to his wrongdoing including counterfeiting data and accepting kickbacks, said Roadstar.ai in a statement released on its WeChat official account earlier today. According to the statement, Zhou was denounced as "non-compliance" with the company’s code management regulation "on a long-term […]

  Chinese Self-Driving Start-Up Roadstar.ai Dismisses Co-Founder Zhou Guang appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Katherine Guo 7:13 pm on January 16, 2019 Permalink  

  DealShot: Ceyuan Ventures Joins Pre-A Round In Chinese Blockchain News Platform DeepChain 

  

  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: Ceyuan Ventures Joins Pre-A Round In Chinese Blockchain News Platform DeepChain appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Violet Tang 12:25 pm on January 16, 2019 Permalink  

  Cotton Seeds On China’s Chang’e-4 Lander Are First Sprouts In Space 

  

  Cotton seeds sent to the Moon by China’s Moon lander Chang’e-4 have sprouted in a controlled canister, making it the first lunar germination ever completed, scientists at China’s Chongqing University announced yesterday. The unmanned Chang’e-4 probe is equipped with a canister which forms a mini biosphere and contains the seeds of cotton, rapeseed, potato and […]

  Cotton Seeds On China’s Chang’e-4 Lander Are First Sprouts In Space appeared first on China Money Network.

  Read the original article: China Money Network