
Baidu Inc. (NASDAQ: BIDU) today announced that Baidu Video, a wholly owned subsidiary of Baidu which operates a video portal focusing on professionally generated content (PGC), had completed a spinoff and become an independent company. Simultaneous to it


Limon Pictures, a leading independent producer of movies and TV series, today announced that it had completed an RMB 500 million ($77 million) Series B financing. The round was led by Hony Capital, a leading private equity firm in China, with participati


Righton Biology, a specialized molecular diagnostics company with test kits for leukemia, lymphoma, and solid tumors, today announced that it had completed its Series A financing.

Yunniao Distribution, which operates an mobile enabled platform for dispatching trucks and meeting fulfillment and transportation demands, announced today that it had raised $100 million in Series C financing.


Xingshulin, a leading mobile app focused on providing data and management tools to physicians across the country, announced today that it had completed Series C financing.

Baofeng Magic Glasses, an affiliate of Baofeng Technology, an A-share listed company in China, and the largest supplier of VR glasses in China, announced today that it had raised RMB 230 million in Series B financing.