Keep
Beijing Calorie Technology Co., Ltd.
Keep, founded in September, 2014 and headquartered in Beijing, is a mobile fitness tools community platform. Established by Wang Ning, Peng Wei and Wen Chunpeng, the company has received financings from Jeneration Capital, GGV, Goldman Sachs and so on. Rivals that have direct and indirect competition with Keep globally include Fitplan, The joy run, etc.
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.
Jul 10, 2023 11:01 AM
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.
Jul 10, 2023 10:58 AM
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.
Jul 05, 2023 04:43 PM
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.
Jun 19, 2023 04:44 PM
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.
Jun 15, 2023 09:28 AM
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.
Jun 14, 2023 09:10 PM
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.
Jun 13, 2023 01:12 PM
Fintech Platform Jiayin Group Achieves Revenue of CNY 1.12 Bn in Q1 2023, Up 119.5% YoY
Jiayin recorded a notable surge in transaction volume during Q1 2023, attributed to the favorable recuperation of the domestic macroeconomic environment and the company's established expertise in lean operations.
Jun 12, 2023 03:15 PM
Social Platform Hello Group Achieves Revenue of CNY 2.8 Bn in Q1 2023, Down 10.5% YoY
Tang Yan, Chairman and CEO of Hello Group, said, "We delivered solid results in the first quarter, laying a good foundation for our business development in the post-pandemic era. Tantan delivered its first quarterly profit at the operating level, and the Momo cash cow business maintained its productivity thanks to our solid cost control, both of which contributed to the improvement of Hello Group's profitability."
Jun 12, 2023 02:20 PM
Top Travel Agent Trip.com Group Achieves Revenue of CNY 9.2 Bn in Q1 2023, Up 124% YoY
With the adjustment of pandemic prevention and control policies, the markets of domestic tourism, inbound tourism, and outbound tourism are experiencing new circumstances. James Liang, Executive Chairman of Trip.com Group, said, “During the first quarter of 2023, there has been an upsurge in both domestic and outbound travel activities in China. We are encouraged to see the world becoming more open and connected at the start of 2023."
Jun 08, 2023 04:01 PM
IDG-backed Database Vendor SelectDB Completes Pre-A Series Financing of CNY 100 Million
The rapid acceleration of digital transformation has led to a surge in demand for real-time processing and application of big data across various industries. Consequently, the need for timely analysis has become increasingly critical. SelectDB has a strong dedication to addressing the challenges faced by various industries and constructing a data warehouse that operates in real-time and possesses universal capabilities that can be applied across industries.
Jun 05, 2023 03:33 PM
Chinese Video Platform Bilibili’s Revenue in Q1 2023 Reaches CNY 5.07 Billion, Up 0.3% YoY
Bilibili will accelerate commercialization, improve profit margins and make steady progress toward its break-even goal in 2023, said Chen Rui, chairman and CEO of Bilibili.
Jun 02, 2023 04:52 PM