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TechBeat China

VR firms boom in China: Report

China has seen a steady growth of VR-related enterprises in the past five years, according to Tianyancha, a busines data service company. Over 3,000 companies specialized in VR were registered in 2019, the biggest annual increase. By August 11, another…

Jiemian takes 500 million yuan from state-affiliated investors

COLDSKY.CN – Jiemian, business and financial information provider established by Shanghai United Media Group (上海报业集团), raised 500 million yuan in a Series C round of funding from three state-affiliated strategic investors. The investment came from China Internet Investment Fund(CIIF,中国互联网投资基金, http://www.ciifund.cn/zwt/gsjj/gsjj.shtml,…

Smart home startup Oribo to go public

COLDSKY.CN – Smart home solution provider Oribo (欧瑞博) is making the final push to go public, according to Iyiou.com. A market leader in integrating IoT and home appliances for digital transformation of living space,  the Shenzhen-based startup previously won fund from many…