Tagged: china

Crowdfunding fueling creative projects in China

Demohour China

Selling your dreams to people who have don’t even know you? That’s exactly what’s happening in the Internet age. When Jia Yuhao, the owner of a hostel, thought about furnishing his hostel last year, he posted a fund-raising advertisement on demohour.com. Two months later, he received 146,000 yuan ($23,725) from 3,000 people who he’s never… Read More

A different kind of crowd

Particle Cafe Shanghai (FourSquare)

Small strides help wannabe cafe bosses realize big dreams Owning a charming little cafe/bar/bistro that serves coffee has always been a fantasy in the largely tea-drinking China for decades, especially after the first cup of green-mermaid-labeled coffee made its debut in the bustling metropolises. But change seems to be in the air as a growing… Read More

Growth vs. Innovation: if crowdfunding exists in China

NYCFF New York Film and Finance

A sub-category in film genre by format, shorts were never unheard-of in Mainland China. However, it was not until late 2010 that they suddenly gained millions of Chinese fans. The watershed film is Old Boys, a 42-minute short about unfulfilled dreams and aspirations as people grow old in life. It was produced by China Film Group with… Read More

A Crowdfunding First for Chinese Athletes

Fringebacker Crowdfunding Jacqueline Lai

FringeBacker, an English-Chinese bilingual crowdfunding platform, has announced that China’s National Equestrian Championship Gold-Medalist, and Hong Kong international, 22-year-old Jacqueline Lai today successfully completed one of China’s largest crowdfunding campaigns to date. Working from her stables in Denmark, Lai’s global fundraising campaign on FringeBacker began in January 2013 in both English and Chinese. The campaign… Read More

Crowdfunding: iPhoneChina – a film project on Apple and China

Crowdfunding iPhone China on Indiegogo

(Staff Translation) The film producer Christian von Borries asks the systemic question: „Imagine Apple would be a State – would one prefer to live in Apple or China?“. In a documentary essay film he researches the question whether States are led like businesses or whether business are led like States. The raw aterial was filmed… Read More

Crowd-funding with Chinese characteristics

Great Wall of China (Wikipedia)

A new platform launched by internet giant Tencent enables social enterprises in China to diversify their funding streams and reach vast audiences When the Chinese social enterprise La La Shou decided to create a club and host an annual conference for its beneficiaries, it turned to a new crowd-funding platform launched by Chinese internet giant Tencent to raise the… Read More

Crowdfunding gives city’s worthy causes a chance

FringeBacker

Feel like bankrolling an independent movie? What about an artist who makes treasures out of trash? Perhaps you’d rather support one young woman’s dream of representing Hong Kong as an equestrian show jumper at the Asian Games. Hong Kong’s entrepreneurs and creative types have a new way of getting funding for their projects. The recently… Read More

China Crowdfunding Service Site Yooli Partners With FICO

Yooli Crowdfunding China

Yooli, China’s crowdfunding services website, and FICO (NYSE: FICO), the leading provider of analytics and decision management technology, today jointly announced that Yooli has selected FICO risk management technology as a core element of Yooli’s risk management infrastructure. At the signing ceremony held in Beijing, Mr. Yannan Liu , president of Yooli and Fuscent, the operator of Yooli, and Mr. John Chen , managing… Read More

Creativity unleashed

XIang Yao

Xiang Yao, who raised money for her cancer treatment by selling her comic books at Demohour, passed away on Friday. Photo: Courtesy of Xiang Yao   When high school student Zhang Xiaoyi designed software that allowed a user to control a Macbook laptop simply by gesturing at it with specially designed gloves, he thought his greatest… Read More

Pennies from Heaven

Demohour China

A crowd-funding website, Demohour, helps make dreams come true by helping entrepreneurs raise money, a hundred yuan at a time, Xu Jingxi reports in Guangzhou. When He Feng was a mathematics freshman at Swarthmore College in the United States, a group of warm-hearted old people in the small town raised $1,000 for the Chinese stranger… Read More

Tapping into Crowd Power with Website Finance in China

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(Beijing) – Investing like an angel now costs no more than an average duck dinner in Beijing. The force driving China’s growing ranks of small-scale angel investors are crowdfunding websites, which offer individuals access to business financing pools for as little as 100 yuan each. But these websites are operating in a regulatory gray area… Read More

Chinese crowdfunding sites finance startups

Great Wall of China (Wikipedia)

It often seems that in order to start a successful business in China you have to have the right guanxi to gain the patronage necessary to fund your dreams. Many of China’s most successful firms owe their success to good relations with the government. Chinese officials have attempted to limit the amount of credit handed… Read More