Economy

New Chinese Bike-Sharing Startup Ubike Raises US$22 Million To Join Heated Market

Chinese Ubike raises US$22 million in Series A funding to get a competitive edge against Ofo and Mobike.

Gfresh Secures US$20 Million From Riverhill Fund And Legend Capital To Import Seafood In...

Startup Gfresh raises US$20 million in its Series A from Alibaba's investment arm, Riverhill Fund and Legend Holding's investment arm, Legend Capital to facilitate the import of seafood into China

Jack Ma Team Ups With Steven Spielberg To Bring Hollywood To China

Alibaba Pictures Group Ltd. is buying a stake in Amblin Partners, the production leaded by Steven Spielberg to cooperate in production, marketing and distribution both globally and in China.
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