WeChat Film (also known as Weipiao), China's leading online ticketing platform originally spun off from Tencent, owner of the popular Wechat services, announced today that it had completed it has raised RMB4.5 billion ($700 million) in Series C and C+ fin
LeSports, a leading sports media and operator majority-owned by LeEco, announced today that it had completed an RMB 8 billion ($1.2 billion) Series B financing.
Baidu Inc. (NASDAQ: BIDU) today announced that Baidu Video, a wholly owned subsidiary of Baidu which operates a video portal focusing on professionally generated content (PGC), had completed a spinoff and become an independent company. Simultaneous to it
Limon Pictures, a leading independent producer of movies and TV series, today announced that it had completed an RMB 500 million ($77 million) Series B financing. The round was led by Hony Capital, a leading private equity firm in China, with participati
Yunniao Distribution, which operates an mobile enabled platform for dispatching trucks and meeting fulfillment and transportation demands, announced today that it had raised $100 million in Series C financing.
Baofeng Magic Glasses, an affiliate of Baofeng Technology, an A-share listed company in China, and the largest supplier of VR glasses in China, announced today that it had raised RMB 230 million in Series B financing.
Today, Weichat Film and Gewara officially announced their merger. After the merger, dual brand Wechat ticket and Guevara will keep independent operation, share common resources, keep team structure remains unchanged.