Fosun Group has invested in a series A funding round in Goujia, a Chinese home decoration O2O (online-to-offline) service provider, according to Chinese media reports. Fosun is the sole investor in the deal, which amounts to hundreds of millions RMB. The company says it plans to use the proceeds to expand its team, which currently […]
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Chinese smart wristband maker Huami Technology, which makes the Mi Band fitness tracker for Xiaomi Inc. as a manufacturing partner, is reportedly seeking a new round of financing on a US$1 billion valuation. The company plans to use the proceeds to expand globally including entering the U.S. consumer market. The Mi Band has sold more […]