With a focus on optimizing the communication experience, WeChat launches 7.0.5 version with upgraded Floating Window feature WeChat recently launched the iOS 7.0.5 version in which the Floating Window feature has been upgraded. The new version can display document previews, notes in Favorites, web links, music, official accounts and mini programs, among other core functional scenarios, in a floating window. Up to five floating windows can be opened simultaneously.
Cross Boarder Commodity Service Platform Xingyun B2B Raised $100 Million in a Series B+ Round Funding Cross boarder commodity service platform Xingyun B2B raised $100 million in a series B+ round funding led by Small and Medium Sized Enterprise Development Fund and followed by Oriza Holding, SinaRock, LanFund, Matrix Partner China, Eastern Bell Capital and Hongtai Capital Holding. The investment will be used to open offline shops and upgrade its global warehouse.
Pet Product Company FURRYTAIL Raised ￥80 Million From a Strategic Investment by Xiaomi in a Series A Round Funding and Series A+ Round Funding Pet product company FURRYTAIL raised ￥80 million in a series A Round funding and series A+ round funding led by Xiaomi and followed by Morningside Venture Capital and Vocanic Venture.
Insurance Technology Firm Kangyu Raised Tens of Millions Dollar in a Series A Round Funding Led by LUN Partners Group Insurance technology firm Kangyu raised tens of millions dollar in a series A round funding led by LUN Partners Group and followed by DNA Capital, SOSV China Speed and Artesian Capital. The investment will be used on team building, technology development and product R&D.
Pet Healthcare Platform Aichong Doctor Raised ￥130 Million Yuan in a New Round Funding Led by Yuyuan Group Pet healthcare platform Aichong Doctor raised ￥130 million yuan in a new round funding led by Yuyuan Group. The investment will be used to expand sales network, accelerate business expansion and optimize service.
Oral Healthcare Provider ZUGA Healthcare Raised Tens of Millions Yuan in a Series B+ Round Funding Led by Sichuan Provincial Pension Fund Oral healthcare provider ZUGA Healthcare raised tens of millions yuan in a series B+ round funding led by Sichuan Provincial Pension Fund and followed by Sichuan Venture Capital, Shanghai Creation Investment and Shengding Investment. Use of the investment is not disclosed.
The People’s Bank of China: 23.74 Billion Mobile Payment Was Handled in Q2, a Year-on-Year Growth of 59.03% According to A Review on Payment System in Q2 2019 released by the People’s Bank of China in August 22nd , banking financial institutions handled 52.671 billion E-payment, totaling at￥597.21 trillion. 18.738 billion online payment was handled, a year-on-year growth of 35.09%, totaling at ￥486.80 trillion, a year-on-year decrease of 0.12%. 23.74 billion mobile payment was handled, totaling at ￥79.46 trillion, a year-on-year increase of 59.03% and 26.37% respectively.