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Shenzhen News (Shenzhen)—Shenzhen-based tech giant Huawei has acquired a mobile payments license in China after buying Shenzhen Xunlian Zhifu Network from Shanghai Wo Rui Ou Information Technology Co, Ltd. Founded by Shenzhen-based telco giant ZTE, Xunlian was spun-off into a standalone company. It was licensed to provide payment services via its website or mobile phone…
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Linklogis English name: LinklogisChinese name: 联易融 Founded: 2016Founder: Charles SongHeadquarters: Shenzhen, GuandongKey people: Charles SongWebsites: www.linklogis.com, www.linklogis.com.hkEncyclopaedic information: Baidu Linklogis Digital Technology Group Co, Ltd is a Chinese supply chain financing service provider based in Shenzhen, Guangdong. Established as Shenzhen Qianhailian Yirong Financial Services Co, Ltd in 2016, the company is backed by Tencent Holdings,…
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Shenzhen News (Shenzhen)—Shenzhen-based fintech Linklogis is looking to raise HK$8.28 billion ($1.1 billion) from an initial public offering in Hong Kong. Linklogis provides tech solutions for supply chain financing in China. The company is backed by Tencent and Standard Chartered Bank, and Singapore sovereign wealth fund GIC. Linklogis is selling 452.9 million shares at HK$16.28…
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SMOORE English name: SMOOREChinese name: 思摩尔 Founded: 2009Founder: Steven YangHeadquarters: Shenzhen, GuandongKey people: Steven YangWebsites: www.smooreholdings.com, www.smoorecig.comEncyclopaedic information: None SMOORE International Holdings Co, Ltd is a Chinese e-cigarette brand with its corporate headquarters in Shenzhen, Guangdong. It is the largest manufacturer of vaping devices and components in the world. Established as Shenzhen SMOORE Technology Limited…
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RELX English name: RELX TechnologyChinese name: 悦刻 Founded: January 2018Founder: Kate WangHeadquarters: Shenzhen, GuandongKey people: Kate WangWebsites: www.relxnow.com, www.relxtech.comEncyclopaedic information: Baidu Baike Shenzhen RELX Technology Co, Ltd is the owner of Chinese e-cigarette brand RELX with its corporate headquarters in Shenzhen, Guangdong. It is the first unicorn e-cigarette brand in China with over 2,500…
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Shenzhen News (Shenzhen)—Shenzhen e-cigarette maker RELX Technology Inc. has raised $1.4 billion in a US initial public offering, giving the company a market value of about $46 billion. The company, backed by Sequoia Capital China, sold 116.5 million shares for $12 apiece in its trading debut. Citigroup Inc and China Renaissance Holdings Ltd led the…
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Nayuki English name: NayukiChinese name: 奈雪的茶 Founded: December 2015Founder: Peng XinHeadquarters: Shenzhen, GuandongKey people: Peng Xin, Zhao LinWebsites: www.na-yuki.comEncyclopaedic information: Baidu Baike Shenzhen Pindao Restaurant Management Co, Ltd is the owner of Chinese tea chain Nayuki with its corporate headquarters in Shenzhen, Guangdong. It is the first unicorn tea chain in China with over 350…
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Shenzhen News (Shenzhen)—Shenzhen Pindao Restaurant Management, owner of tea chain Nayuki, has completed a Series C funding around of over US$100 million to bring the company value at almost US$2 billion. The latest funding round is said to be led by private equity firm PAG with Jack Ma’s Yunfeng Capital among the investors. Nayuki is…
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Ximalaya English name: Ximalaya FMChinese name: 上海喜马拉雅科技有限公司 Founded: August 2012Headquarters: Pudong, ShanghaiWebsites: www.ximalya.comEncyclopaedic information: Baidu Baike Ximalaya FM is a Chinese podcasting platform with its headquarters in Pudong, Shanghai. It is the largest podcast and audio content platform in China with over 600 million users in China, 50 million overseas users, and 10 million content…
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Xiaomi English name: Xiaomi CorporationChinese name: 小米集团 Founded: April 2010Founder: Lei Jun Headquarters: Haidian, BeijngWebsites: www.mi.comEncyclopaedic information: Wikipedia, Baidu Baike Subsidiaries: Youpin Sunmi Xiaomi Corporation is a Chinese multinational electronics company with its headquarters in Beijing. It makes and invests in smartphones, mobile apps, laptops, home appliances, bags, shoes, consumer electronics, and many other lifestyle…