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BGI Genomics: Net Profit Achieves CNY 803 Mn in 2022, Down 45.06% YoY
15 Chinese Companies to Watch in January 2023 - Consumer Sector
We at EqualOcean tracked the major funding rounds or industry events that took place in China's consumption space in January 2023. And the following is a list of deals that we have selected for you, based on a number of criteria, including the funding amount, the financial backers, and the segments in which the companies operate.
Jan 25, 2023 02:47 PM
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The Secretary of global e-commerce SaaS platform store completed round C financing of US $100 million
Tech Giant Tencent’s Revenue in Q1 2023 Exceeds CNY 149.99 Bn, and Net Profit Up 27% YoY
On May 17, 2023, Tencent announced its 2023 first quarterly report. In Q1 2023, its advertising business returned to high growth, and its gaming business performed well overseas.
May 18, 2023 03:17 PM
Chinese Tech Giant Baidu’s Revenue in Q1 2023 Exceeds CNY 31.1 Bn, Net Profit Up 48% YoY
On May 16, 2023, Baidu announced its financial results for Q1 2023. Thanks to the improvement of the macroeconomic situation and the enterprise's continuous measures to reduce costs and increase efficiency, Baidu's profitability improved significantly, with a substantial increase of nearly 50% in net profit.
May 18, 2023 02:37 PM
[moodles molecular cuisine] won tens of millions of pre-A round of financing, and the interdisciplinary team redefined the future food with 3D printing
Goldman Sachs raised its shell rating to "buy", and business resilience supported the recovery of performance
China VC Investment List Q1 2023 - Consumer sector
For consumption sector, we at EqualOcean have identified 20 companies worth watching in Q1 2023. The core criterion is to receive venture capital investments of over USD 10 million on average or the equivalent value in CNY in a single round. When compiling the list, we also considered factors such as growth prospects, brand influences and reputation, as well as planned expansions.
Apr 06, 2023 06:28 PM
Beike Intends to Raise USD 2.12 Billion in US IPO
TOPS in Shanghai: The New Trends in the Pet Industry's Overseas Expansion
May 12, 2023 01:33 PM