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China Digest: JustFit nets over $46m; SIG, Source Code back Jishi Design - Vimarsana News

China Digest: JustFit nets over $46m; SIG, Source Code back Jishi Design

Electronics industry-focused e-commerce platform JustFit and UI design tools developer Jishi Design have secured funding. 

Graph Database Startup Vesoft Seeks Funds at $1 Billion Value - Vimarsana News

Graph Database Startup Vesoft Seeks Funds at $1 Billion Value

Graph Database Startup Vesoft Seeks Funds at $1 Billion Value Bloomberg News, Bloomberg News Rows of colored high end data cables are seen feeding into computer servers inside a comms room at a office in London, U.K., on Tuesday, Dec. 23, 2014. Vodafone Group Plc will ask telecommunications regulator Ofcom to guarantee that U.K. wireless carriers, which rely on BT's fiber network to transmit voice and data traffic across the country, are treated fairly when BT sets prices and connects their broadcasting towers. Photographer: Bloomberg/Bloomberg ...

Chinese smart logistics platform YunQuNa enters unicorn club post $100m round - Vimarsana News

Chinese smart logistics platform YunQuNa enters unicorn club post $100m round

Chinese smart logistics platform YunQuNa enters unicorn club post $100m round Bukit Merah, Singapore. Photo by CHUTTERSNAP on Unsplash May 25, 2021 YunQuNa, a global smart logistics service platform born in China, announced on Tuesday the completion of a Series D1 funding round at $100 million to achieve a unicorn valuation of over $1 billion. Investors of the Series D1 round remained undisclosed. Beijing-based Source Code Capital, which backed YunQuNa’s Series A round in 2017, said in a statement that it had continued to re-up in the firm’s Series B, C, and D rounds. Shanghai-based YunQu...

China: WeiyangX Fintech Review - Vimarsana News

China: WeiyangX Fintech Review

China: WeiyangX Fintech Review Police in Changsha Receive Salaries in the Form of Digital RMB At present, digital RMB pilots have been conducted in various applications across China. On May 8 th, employers at the Kaifu branch of Changsha Municipal Public Security Bureau received their salaries in the form of digital RMB. This is the first time that digital RMB has been used for salary payment in the government agencies of Changsha. In fact, from January 2021, Chinese tech giant JD has already started to conduct a digital RMB salary payment pilot. JD employers based in Shanghai, Shenzhen, Chen...

China Digest: Bloks raises $93m; CareCapital leads $50m funding in Impress - Vimarsana News

China Digest: Bloks raises $93m; CareCapital leads $50m funding in Impress

China Digest: Bloks raises $93m; CareCapital leads $50m funding in Impress May 14, 2021 Shanghai Bloks Technology Group has garnered 600 million yuan ($93 million) in a Series B round of financing, while Barcelona-based novel orthodontics maker Smile2Impress (Impress) has raked in $50 million in its Series A round led by China’s CareCapital. Bloks bags $93m in Series B round Education startup Shanghai Bloks Technology Group has garnered 600 million yuan ($93 million) in a Series B round jointly led by Alibaba co-founder Jack Ma’s YF Fund and existing investor Legend Capital, per an announ...