Shanghai Beat

Updates from October, 2019 Toggle Comment Threads | Keyboard Shortcuts

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  Doris Yu 6:13 pm on October 23, 2019 Permalink  

  Huawei Unveils Its Latest 5G Full-Series Solution 

  

  Edward Deng, president of Huawei’s wireless solutions, unveiled Huawei’s latest 5G full-series solution at the 2019 Global Mobile Broadband Forum. The world’s first wave of 5G commercial networks utilizing either C band or 2.6 GHz band has already been deployed commercially. Now, 5G construction is expanding to FDD bands to ensure nationwide coverage and mmWave […]

  Huawei Unveils Its Latest 5G Full-Series Solution comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  PR Newswire 11:32 pm on October 16, 2019 Permalink  

  Crypto.com Lists TomoChain (TOMO) 

  Best place to purchase TOMO at true cost with zero fees and markups
  HONG KONG, Oct. 16, 2019 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, announced today that...

  Crypto.com Lists TomoChain (TOMO) comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Doris Yu 12:33 pm on October 16, 2019 Permalink  

  European Private Equity Firm Permira closes Permira VII At $12B 

  

  Permira, the global private equity firm, announces that it has held a final closing for its latest buy-out fund Permira VII (P7) on Wednesday, reaching its hard cap with total commitments of €11 billion (US$12 billion). P7 will follow Permira’s long-term strategy of investing in market-leading businesses that benefit from strong and resilient underlying growth […]

  European Private Equity Firm Permira closes Permira VII At $12B comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Sophy Yang 10:54 am on October 16, 2019 Permalink  

  Sequoia China Leads $14M Series A Round In Chinese AI Start-up InfiMind 

  

  InfiMind, a Chinese artificial intelligence (AI) start-up focusing on fashion and retail industries, has raised about RMB100 million (US$14.12 million) in a series A round of financing led by venture capital firm Sequoia Capital China. Chinese venture capital firm Turing Capital and all existing investors including GSR Ventures and MFund also participated in this round, […]

  Sequoia China Leads $14M Series A Round In Chinese AI Start-up InfiMind comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Doris Yu 8:24 pm on October 8, 2019 Permalink  

  Chinese Online Fresh Grocery Market Benlai Group Raises $200M In Series D1 Round 

  

  Beijing-based online fresh grocery market Benlai Holding Group has raised US$200 million in a series D1 round of financing led by Shenzhen Mingde Holdings Development Co., Ltd., the largest shareholder of Chinese logistics giant SF Group, according to a report from Chinese online publication iyiou. Returning investors CDH Investments and Gaorong Capital also poured money […]

  Chinese Online Fresh Grocery Market Benlai Group Raises $200M In Series D1 Round comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Doris Yu 4:23 pm on October 8, 2019 Permalink  

  US Government Adds 28 More Chinese Firms Into Its Entity List 

  

  The U.S. Department of Commerce said on Monday that it has added 28 Chinese organisation into its so-called Entity List, restricting its ability to do business with American firms. The move is announced just days before a trade negotiation that high-level Chinese and American officials are having on October 10 in Washington. The Entity List […]

  US Government Adds 28 More Chinese Firms Into Its Entity List comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Doris Yu 4:23 pm on October 8, 2019 Permalink  

  US Government Adds 28 More Chinese Firms Into Its Entity List 

  

  The U.S. Department of Commerce said on Monday that it has added 28 Chinese organisation into its so-called Entity List, restricting its ability to do business with American firms. The move is announced just days before a trade negotiation that high-level Chinese and American officials are having on October 10 in Washington. The Entity List […]

  US Government Adds 28 More Chinese Firms Into Its Entity List comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Doris Yu 5:23 pm on September 30, 2019 Permalink  

  Shenzhen Capital Group Leads $28M Series B Round In Biotech Hrain Biotechnology 

  

  Shanghai-based oncotherapy-focused firm Hrain biotechnology Co., Ltd. announces on Monday that it raises RMB200 million (US$28 million) in a series B funding round led by venture capital firm Shenzhen Capital Group (SCG). Biomedicine-focused venture capital firm Yangming Kangyi, Xiamen-based investment firm Junchenda Capital, and Shenzhen-based investment firm ChiNext Qianhai Capital also participate in the round. […]

  Shenzhen Capital Group Leads $28M Series B Round In Biotech Hrain Biotechnology comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Doris Yu 7:20 pm on September 26, 2019 Permalink  

  Chip Designer Arm And Huawei’s Partnership Unaffected By US Restrictions 

  

  UK-based chip designer Arm confirmed its long-term partnership with Huawei and its semiconductor subsidiary HiSilicon despite U.S. restrictions on Huawei, said Rene Haas, president of Arm’s IP products group on Wednesday at an event in Shenzhen, according to Chinese media outlet Caixin. Arm, backed by Japan’s Softbank Group, will continue licensing its chip design architecture […]

  Chip Designer Arm And Huawei’s Partnership Unaffected By US Restrictions comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 3:24 pm on September 12, 2019 Permalink  

  Chinese Bitcoin Tycoon-Backed GXChain Halted Amidst Police Crackdown 

  

  The Chinese authority has clamped down another domestic cryptocurrency project, shutting down the office of the popular and once well-funded "GXChain," which counts Chinese bitcoin tycoon Li Xiaolai and early-stage investment firm ZhenFund among its shareholders. Hangzhou Cunxin Data Technology, the parent company of GXChain, had its office in eastern China’s Hangzhou city sealed by […]

  Chinese Bitcoin Tycoon-Backed GXChain Halted Amidst Police Crackdown comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network