Didi Kuaidi may be valued at over USD 20 billion once this round closes.
The service will likely be launched in 2-3 months and it will allow users to access the other company’s services while abroad.
The board of Jumei (JMEI), a NYSE-listed online seller of cosmetics and lifestyle products, has…
Aijiaji uses a computer system to standardize project schedules and pricing to give consumers control of the renovation process.
Qihoo 360, Kunlun Tech, and Golden Brick have confirmed the proportion each party will pay as part of the bid for Opera.
With little incentive for user loyalty in the Chinese video streaming market, quality content is becoming more important than ever for video streaming sites.
Face++, the facial recognition software behind Alipay’s “smile-to-pay” feature, is a unicorn company that may one day help you pay for your groceries and access your bank account.
The maker of the biggest selfie-editing app in China, Meitu, is a unicorn company with a valuation of USD three billion. AllChinaTech explains Meitu’s business model and what makes the company so special.
Lamabang, a social network for “hot moms”, is now a certified unicorn following a USD 100 million financing round led by VIPshop. AllChinaTech explains Lamabang’s business model and what makes the company so special.
Our highlights of the week: celebrity blogger’s lifestyle app gets USD 9.1 million; shopping platform for middle-schoolers receives USD 3M; book and movie review platform raises tens of millions USD.