Shanxi: by 2025, the total revenue of the province's logistics industry will strive to reach 250 billion yuan

The Next Crossroad of SaaS: Vertical or Horizontal?

The SaaS (Software as a Service) industry has developed in China over nearly three decades. From horizontal SaaS formats to Vertical SaaS, great changes have taken place. Now the SaaS industry has entered a boom stage.

Fremont Micro Devices Raises CNY 500 Million from Pre-IPO Funding Round

Fremont Micro Devices is a high-tech enterprise focusing on developing non-volatile memory products and high-efficiency power management solutions. It officially announced the completion of a CNY 500 million (USD 70.3 million) Pre-IPO financing round, led by Huaxun Found.

Chip Company Witinmem Raises CNY 100 Million from Series B+ Funding Round

Witinmen Technology is a high-tech enterprise focusing on developing computing-in-memory chips and system solutions. It officially announced the completion of a CNY 100 million (USD 13.9 million) Series B+ financing round, led by Shenzhen Capital Group.

Hurun Releases Global Unicorn Index 2022 Half-Year Report

Beijing-based Douyin (Chinese:抖音) is the world's most valuable unicorn for the second year running, according to a new report by the Hurun Research Institute.

Cloud Service Firm Realibox Raises CNY 100 Mn from Series A financing round

Realibox(Chinese:引力波), a cloud-native 3D digital assets' entire lifecycle collaborative platform provider, announced its Series A financing round worth CNY 100 million(USD 13.9 million), with participation by Chengwei Capital, GL Ventures, Vision Capital, and Kaitai Capital.