Agile-living

PEELSPHERE Secures CNY Tens of Mn in Pre-A Round Financing

EqualOcean has learned that PEELSPHERE(朴飞生物) has successfully completed a pre-A round financing of tens of millions of RMB, with investors including Guohong Jiaxin Capital and Ray Capital, while existing shareholder Gopher Ventures continues to follow-on invest. This funding will primarily be used for production line upgrades, new product development, and market expansion.

Perfect World Achieved a Net Profit of CNY 491 Million in 2023

Perfect World released its 2023 financial report, showing signs of fatigue in its gaming and film/television secto

Middle Eastern Capital Partners with Consortium to Inject 60 Billion Yuan into Wanda Group

The 135th Canton Fair: Innovation Attracts Global Enterprises

Marketing SaaS Service Provider Weimob Group's 2023 Revenue Reaches CNY 2.228 Billion

Weimob Group significantly narrowed its adjusted net loss in 2023.

Foreign investors equals to Nationals under Nattakat

Deutsche Hospitality Announces Official Name Change to H World International

Meituan Goes Overseas to Re-Explore Middle East Market

Cross-border e-commerce platform Wish will be sold

Once Intra Freight Leader Faces Billion-Dollar Market Value Erosion and Alibaba's sell-off

Compared to its IPO in early 2022, GOGOX's market value has plummeted from around HKD 10.3 billion to approximately HKD 300 million.

Kuka Home's Flagship Store Sets Foot in India, Fast-tracking Its Global Expansion Strategy

Revolutionizing Home Living Experience for Consumers

JNBY Releases 2023 ESG Report

Decoding New Possibilities for Sustainable Fashion

J&T IPO, Its “Home Base” in Indonesia Is on Fire

Recently, based on the listing prospectus of J&T(极兔), Frank Hutapea, an Indonesian lawyer, pointed out that the shareholding structure of J&T may violate the relevant local regulations in Indonesia.

Huisuanzhang Files to List on HKSE, Aiming to Provide AI-enabled Tax Solutions for MSMEs

In order to ensure the sustainable and stable development of micro, small and medium-sized enterprises (MSMEs), China has been strengthening its support for MSMEs in terms of finance and taxation, which has stimulated the rapid growth of the tax solutions market and attracted many investors to explore the investment opportunities hidden behind the industry.

Digital Service Provider LianLian DigiTech Files to List on HKSE

With the development of information technology and the continuous improvement of Internet infrastructure, the transformation of global trade to digitalization is accelerating, forcing merchants and enterprises in the value chain to transform from cross-border offline commerce to cross-border e-commerce, guiding global commerce in the direction of digital growth.

B2B Mobility Service Provider Rybit Secures Over USD Ten Mn in Funding

EqualOcean has learned that Rybit, a B2B mobility service provider, has successfully secured over USD 10 million in funding. The funding comes from multiple prominent investors, including Cherubic Ventures, an early-stage investor in Flexport, Colopl Next, a venture fund under a Japanese listed gaming company, Cornerstone Ventures, PCHOME e-commerce platform, ChungHwa Telecom, AVA Angels, and several strategic angel investors.

Warehouse Integration Company FineEX Completes Over CNY 100 Mn D+ Round of Financing

With the development of the warehouse industry, the application of digital intelligence has been an indispensable driving force in the whole chain of supply chain. FineEX is accelerating the construction of digital and intelligent upgrade of the whole supply chain, combining supply chain consulting services, SaaS and intelligent hardware services, and flexibly applying them to the actual operation of the supply chain industry.

Smart Electric Vehicle Company NIO Achieves Revenue of CNY 10.7 Bn in Q1 2023, Up 7.7% YoY

The first quarter of 2023 witnessed a decline in gross margins for leading automobile manufacturers, which can be attributed to various factors including intense price competition and the withdrawal of subsidies for new energy vehicles. To cope with the highly competitive smart electric vehicle market, NIO has been accelerating the development and launch of new products and improving after-sales service, to reduce costs and increase efficiency.

India Is Asking Chinese Mobile Phone Companies to Employ Indians as CEO

In 2022, a number of Chinese mobile phone brands suffered setbacks in India. Xiaomi was seized for CNY 5 billion by the Indian Law Enforcement Bureau. Brand manufacturers such as Huawei (华为), vivo, ZTE (中兴), and OPPO were also raided by the Indian local tax bureau and other departments, and some company executives were summoned for investigation. This greatly affects electronics ecology going overseas in India.

Leisure Travel Company Tuniu Achieves Revenue of CNY 63.2 Mn in Q1 2023, Up 52.3% YoY

In Q1 2023, there was a notable surge in travel consumption recovery, primarily attributed to the expeditious release of domestic long-haul demand and the systematic recuperation of the inbound and outbound travel market.