Kaishu Story
Kaishuo Jianggushi is a Chinese children's stories content provider.
Kaishu Story, founded in March, 2013 and headquartered in Beijing, is a children's audio story brand. Established by Wang Kai and Zhu Yifan, the company has received financings from investors including Trustbridge Partners, Temasek and Poly Capital. Rivals that have direct and indirect competition with Kaishu Story globally include Kaka jianggushi and Huluboshi.
Chinese EdTech Company 17EdTech Achieves Revenues of CNY 9.27 Mn in Q1 2023, Down 96% YoY
Mr. Andy Liu, Founder, Chairman and Chief Executive Officer of the Company, commented, “The previous COVID outbreak caused delays in the bidding and delivery processes of our major projects which adversely affected our financial performance. However, our in-school SaaS business continues to advance beyond the financial results might indicate. Year to date, our teaching and learning SaaS business has won multiple landmark projects across China.”
Jun 16, 2023 11:22 AM
Chinese E-commerce Giant Pinduoduo Achieves Revenue of CNY 37.64 Bn in Q1 2023, Up 58% YoY
Since this year, Pinduoduo has accelerated its strategic transformation from fast to stable, from speed to quality. Currently, Pinduoduo aims to integrate high-quality development across all domains of platform governance, merchant ecology, high-quality supply chain, and high-quality consumption.
May 29, 2023 11:26 AM
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
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