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Car-Sharing Operator Mydadao Raises Tens of Millions of US Dollars from Baidu Ventures and Sequoia Capital China

With its fleet composed predominantly of electric cars, the company now operates mainly in Qingdao, Shandong and has 2,000+ cars rolling on the streets.

Deals | Car-Sharing Operator Mydadao Raises Tens of Millions of US Dollars from Baidu Ventures and Sequoia Capital China | KrASIA

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Deals | Car-Sharing Operator Mydadao Raises Tens of Millions of US Dollars from Baidu Ventures and Sequoia Capital China

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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KrASIA Writers

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

Most of Xiaomi's smart devices’ revenue in 2017 was contributed by Internet-related services instead of selling hardware.

Xiaomi Made USD 1.2 Billion in Profit in 2017   | KrASIA

Xiaomi Made USD 1.2 Billion in Profit in 2017  

Sold 200k Second-hand Books in Six Months, WeChat Account Duozhuayu Provides Books as the Remedy for Urbanites' Anxiety

Standardization, durability and price stability make books a perfect pick for the resale business.

Sold 200k Second-hand Books in Six Months, WeChat Account Duozhuayu Provides Books as the Remedy for Urbanites' Anxiety | KrASIA

Sold 200k Second-hand Books in Six Months, WeChat Account Duozhuayu Provides Books as the Remedy for Urbanites&#8217; Anxiety

Ex-Starbucks Courrier Coffee Box Raises $25 Million to Expand Self-owned Coffee Chain

Deliver coffee for Starbucks? Not any more, the former “courier” now runs its own coffee chain. But why?

Deals | Ex-Starbucks courier Coffee Box raises USD 25 million to expand self-owned coffee chain | KrASIA

Deals | Ex-Starbucks courier Coffee Box raises USD 25 million to expand self-owned coffee chain

China's Largest News Aggregator Toutiao Leads $200 Million Investment in Education Startup 17zuoye

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. The education industry is fast-reforming nowadays. 

Education

Internet traffic giants venture into online education sector for business expansion

Deals | China's Largest News Aggregator Toutiao Leads $200 Million Investment in Education Startup 17zuoye | KrASIA

Deals | China&#8217;s Largest News Aggregator Toutiao Leads $200 Million Investment in Education Startup 17zuoye

Disrupting the Glass Industry with Improved Efficiency, Atjubo.com Raises Nearly 100 Million Yuan

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

By offering a package of services covering the whole glass industry chain, Atjubo.com aims not to be merely a go-between platform.

Deals | Disrupting the Glass Industry with Improved Efficiency, Atjubo.com Raises Nearly USD 15 Million | KrASIA

Deals | Disrupting the Glass Industry with Improved Efficiency, Atjubo.com Raises Nearly USD 15 Million

Collaborative Robot Firm JAKA Raises 60 Million Yuan A-plus Round to Speed up Expansion

The robot industry has moved into the fast development.

Deals | Collaborative Robot Firm JAKA Raises 60 Million Yuan A-plus Round to Speed up Expansion | KrASIA

Deals | Collaborative Robot Firm JAKA Raises 60 Million Yuan A-plus Round to Speed up Expansion

Blockchain-empowered Foreign Exchange Platform TigerWit Raises $10 Million from SIG

A blockchain, originally block chain, is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.

Blockchain

"The use of blockchain technology reduces the risk of data manipulation in transactions."

Deals | Blockchain-empowered Foreign Exchange Platform TigerWit Raises $10 Million from SIG | KrASIA

Deals | Blockchain-empowered Foreign Exchange Platform TigerWit Raises $10 Million from SIG

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

The deal would be similar to the one Uber made with Chinese ride-hailing service Didi Chuxing back in 2016, when Uber sold its China unit to Didi and took a stake in Didi for return.