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Page 30 - சீனா நிலை கப்பல் கட்டும் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese IoT Platform Rootcloud Raises $122m Series C Led by IDG Capital

Chinese IoT Platform Rootcloud Raises $122m Series C Led by IDG Capital By DealStreetAsia / Dec 18, 2020 05:52 PM / Finance Guangzhou-headquartered IoT platform Rootcloud announced on Thursday that it has closed a Series C round of financing raising 800 million yuan ($122 million) led by Beijing-based global investment and asset manager IDG Capital. Tencent; manufacturing-focussed China Cinda Asset Management’s joint fund Jian Xin Jin Yuan Investment; and Tianya Capital. Existing backer ZWC Partners a China and Southeast Asia-focused Chinese VC fund that achieved a first close of $400 million on December 8 also joined the round, Rootcloud posted on WeChat. ZWC Partners along with MatrixPartners China,

CSSC, Sanya sign agreement on developing cruise industry--China Economic Net

The cruise business of major Chinese shipbuilder China State Shipbuilding Corporation (CSSC) has signed an agreement on developing the cruise industry with the municipal government of Sanya, a resort city in south China s Hainan Province. According to the agreement signed Sunday, the CSSC Cruise Technology Development Co. Ltd (CCTD) and the Sanya government will jointly increase the number of cruise routes and make full use of Hainan s offshore duty-free policy, sea water and island resources to attract domestic and foreign tourists. Six cruise routes will be opened to cash in on the rich cruise tourism resources in the South China Sea region. These routes include areas around the Hainan island and international destinations including those in the Belt and Road countries.

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