NewsFanslink scores millions of dollars in pre-Series A to help Chinese brands go globalFanslink plans to expand to Indonesia, Vietnam, and the Philippines. 2 mins read
Yungongchang, which was founded in 2015, is a SaaS provider that helps companies find mechanical and electronic parts directly from factories. NewsCHINA BRIEF | Foxconn-backed B2B procurement platform closes USD 14.4 million Series B1 min read
This share sale comes at a time when online healthcare consultation services have played a key role in alleviating the coronavirus crisis. NewsCHINA BRIEF | Alibaba Health to raise USD 1.3 billion to expand pharmaceutical and healthcare business1 min read
Yipien runs nearly 900 fresh-food neighborhood supermarkets in 17 cities in China. NewsCHINA BRIEF | Grocery chain Yipien Fresh closes USD 359 million Series C round led by Tencent and Today Capital1 min read
Investments are expected for sectors including construction materials, home appliance, artificial intelligence, and Internet of Things. NewsCHINA BRIEF | China’s top property developer raises USD 215 million to revamp traditional construction sector1 min read
the edtech firm’s share price has more than doubled since it got its first short report in February. NewsDespite short attacks, GSX becomes China’s second largest K-12 education company by market cap2 mins read
Offering a more humane and entertaining way of online shopping, livestreaming is becoming a thorn in the side of Chinese e-commerce giants. Visual StoriesTECH PANO | How livestreaming e-commerce is posing a threat to Alibaba’s Taobao and Tmall4 mins read
With over 220 engineers in tow, SandStar provides “Smart Kiosk” and “Smart Store” analytics, which have been adopted in 12 countries and regions around the world. NewsAI startup SandStar notches funding from Thai conglomerate in Series B+ round1 min read
The merger comes amid competition in community group-buying sector. NewsCHINA BRIEF | Group shopping sector sees major merger as Tongcheng Shenghuo joins with FamilyOne1 min read