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Volanews Saudi Arabia Latest news about China’s innovation

VOLANEWS is a trending tech media focusing on cutting-edge technology and innovation in global emerging markets.We are committed to recommending valuable information to overseas users and providing diversified services that connect overseas users with Chinese technology companies. Volanews هي وسائل الإعلام التكنولوجية الصينية التي تركز على نشر أخبار التقنيات والابتكارات الحديثة في الأسواق الناشئة

العالمية. ونحن ملتزمون بتوفير المعلومات التكنولوجية ذات قيمة الابتكار للمستخدمين في الخارج، وتقديم خدمات الروابط المتنوعة مع شركات التكنولوجيا الصينية والأجنبية في أنحاء العالم.

09/05/2019
Volanews Middle East

Volanews Middle East

Chinese enterprises decrease in both IPO number and value in the first quarter of 2019

According to statistics from Zero2IPO Group(清科创投), there are totally 57 listed Chinese enterprise in foreign nations in the first quarter of 2019, with both a year-on-year and month-on-month decline of 5%. The total financing value is 48.64 billion yuan, with a year-on-year decline of 35.7% and a month-on-month decline of 26.1%. The average initial financing amount of enterprises in the quarter is 853 million yuan, decreasing by 22.2% comparing to 1.09 billion yuan in the fourth quarter of 2018.

(source: https://www.volanews.com/portal/article/index/id/1749.html)

(picture source: sohu.com)

https://www.volanews.com/portal/article/index/id/1749.html

09/05/2019
Volanews Middle East

Volanews Middle East

GeneQuantum Healthcare(启德医药) raised nearly a hundred million yuan in series pre-B round

GeneQuantum Healthcare raised nearly a hundred million yuan in series pre-B round, led by Huagai Capital (华盖资本)and followed by Huafang Capital(华方资本) and Changjin Boya(昌金博雅). The a-round investors of the company, Oriza Holdings(元禾原点) and TF Capital(泰福资本), continued to add investments. The fund will be used in advancing the global clinical research of the new generation of ADC medicine, as well as the development and quick deployment of a series of differentiated innovative technologies and products.

(source: https://www.volanews.com/portal/article/index/id/1750.html)

(picture source: 51jinke.com)

09/05/2019
Volanews Middle East

Volanews Middle East

Integrated digital currency trading platform PIEXGO​ received investments from Viking Capital

Viking Capital, Inc..​ has recently announced its strategic investments on PIEXGO, an integrated digital currency trading platform which has received investments from more than ten top ranked investment institutions. Viking Capital was formed in 2017 as a global research innovative fund focusing on the field of block chain. According to Zhang Yuwen, the founder of Viking Capital, “in this strategic collaboration with PIEXGO, we will mobilize our resources to help the company’s international resource integration and trade mode innovation.”

(source: https://www.volanews.com/portal/article/index/id/1751.html)

(picture source: keji5.com.cn)

09/05/2019
Volanews Middle East

Volanews Middle East

Chinese foreign self-drive platform 租租车​ raised tens of millions USD in series C round

Chinese foreign self-drive platform zuzuche.com has raised tens of millions of dollars in a series C round invested exclusively by Qiming VC(启明创投).

zuzuche.com was formed in 2011 as a foreign self-drive car renting platform for Chinese around the globe. Its service currently covers more than 6000 cities in nearly 200 nations around the globe, owning more than 200 thousand shop fronts and 8 million car sources.

The fund will be used in active expansion of foreign markets and continued improvement of customer experience.

(source: https://www.volanews.com/portal/article/index/id/1753.html)

(picture source: freewechat.com)

09/05/2019
Volanews Middle East

Volanews Middle East

Chinese social e-commerce platform Beidian(贝店)completes a new round of financing
Chinese social e-commerce platform Beidian completes a new round of financing, invested by Hillhouse Capital Group - 高瓴资本, Sequoia Capital, #XiangheCapital, and Sinovation Ventures, with exact investment value unrevealed.

Beidian was formed in August 2017 as a social e-commerce platform. Spreading by the socialization between men, it achieves a triple link between consumers, sellers, and supply chains, running 200 thousand goods in 12 categories including home, clothing, food, beauty, maternal and baby, and fresh foods. The goods come mainly from “brands’ direct supply+factory selection+direct purchase in place of production+importation from around the globe”. In March 2019, the MAU of Beidian has grew by 549.6% to reach 13.29 million.

(source: https://www.volanews.com/portal/article/index/id/1752.html)

(picture source: iresearch.cn)

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