Tagged: china

Chinese E-commerce Giant Jingdong Launches Crowdfunding Platform

Jingdong Fenziqian

E-commerce and internet giant Jingdong (JD) launched a new crowdfunding platform this week.  Called “Feniziqian” the site has listed 12 initial projects and is similar in approach to Demohour – presently the largest Chinese crowdfunding site. Described as “Kickstarter-like” a report in TechinAsia, Fenziqian is outlined as a serious competitor to other similar portals in… Read More

China Securities Regulatory Commission Reviewing Crowdfunding

china Securities Regulatory Commission

From multiple reports, the China Securities Regulatory Commission (CSRC) is considering regulations for the fast growing crowdfunding industry.  This entails both peer-to-peer lending and equity crowdfunding.  Apparently forthcoming regulations may be released soon. The CSRC has carried out multiple surveys and reviews of the domestic crowdfunding industry.  The CSRC recently officially stated; Equity crowdfunding is… Read More

Kickstarter’s 3D Printing CrowdFunded Projects Shows A Diversity of Locations (Infographic)

3d Printing Projects on Kickstarter

It is an accepted norm that one has to be in Silicon Valley to make it big in an internet startup or New York City to get to the top of the finance industry or Los Angeles for the movie business. One of the reasons for the clustering of industries is because of concentration of… Read More

CTQuan Raises $4M for Crowdfunding Platform

CTQuan

CTQuan Simultaneously Launches Overseas Investment Fund. Chinese equity crowdfunding platform CTQuan recently raised approximately $4 million in financing round. Established in 2011, the platform was founded by top Chinese investors Lei Jun, Xiaoping Xu, and Kaifu Lee. It helps startups find their investors by leveraging the data analysis of startup data and its social network of investors…. Read More

Malaysia Airlines Flight 370 Crowdfunding Campaign Struggles To Raise $5M on Indiegogo

Malaysia Airlines Flight 370

It’s been a little over a week since the missing Flight MH370 passengers’ families launched their crowdfunding campaign on Indiegogo, but unfortunately it is off to a very rocky start. Malaysia Airlines Flight 370 was scheduled to fly from Kuala Lumpur to Beijing on March 8th. Within a couple hours of departure, the airline ceased all… Read More

Former Attorney Starts Sex Toy Business, Uses Indiegogo for Crowdfunding

Brian Sloan

This crowdfunding campaign closed on June 5th.  The original goal was to raise $45,000 but it appears market demand far outstripped that number as it raised over $280,000 on Indiegogo.  And what was this successful product?  The Autoblow 2 for men. Brian Sloan went to law school for a career but along the way the… Read More

Hardware Platform HWTrek Named Cool Vendor by Gartner

HWTrek Logo

HWTrek, a global community and crowdfunding platform for digital electronics, has been named a “Cool Vendor” in China for 2014 by analyst firm Gartner. According to HWTrek, the report recognizes companies for providing innovative solutions and business models in cloud, infrastructure, mobile, analytics and digitalization.  HWTrek was joined by six other vendors that were recognized in… Read More

Fundrise: Poised to Alter Real Estate Finance Forever.

Fundrise Real Estate Investing for Everyone

Recently I was attending a real estate finance conference on crowdfunding and I was fortunate to hear Brandon Jenkins, the Fundrise Director of Product, speak about the future of real estate from the perspective of Fundrise.  His comments were coming off the exciting announcement that Fundrise had just raised $31 million (no idea on the… Read More

Real Estate Crowdfunding Site Fundrise Raises Over $31 Million

fundrise

Real estate crowdfunding platform Fundrise has raised more than $31 million in financing from a consortium of real estate, technology, and financial institutions. The financing round was led by Chinese social media site Renren, Marty Burger and Tal Kerret, the CEO and CIO of Silverstein Properties, and the Collaborative Fund, among others. Fundrise was founded in 2010… Read More

ANTVR Launches Crowdfunding Campaign on Kickstarter For New Universal Virtual Reality

ANTVR Kit

Hoping to bring an Oculus alternative virtual reality system to the video gaming world, the company ANTVR launched a $200,000 crowdfunding campaign on Kickstarter for its all-in-one virtual reality kit. The product is noted to provide a “crystal clear virtual reality gaming and viewing experience.” Unlike its competitors, who lack parts to their own kits,… Read More

Ai Weiwei Calls Out Film Director As Kickstarter Content is Removed

Ai Weiwei

Dealing with some drama surrounding a famous Kickstarter crowdfunding campaign, controversial Chinese actor Ai Weiwei is reportedly locked into a little bit of a spat with director  Jason Wishnow over the independent film “The Sandstorm,” a ten-minute movie about a smoggy, futuristic China where water has become scarce. According to a letter that was directed… Read More

Brief: Baidu Cracks Down on P2P Lending Fraud

Baidu Logo

The fraud drums keep pounding louder in China as search giant Baidu has stomped on peer to peer (P2P) lending sites by scrubbing them  from their search results.  The short term approach of removing the reported 800 P2P sites from their pages are expected to be followed up with a more rigorous review process for… Read More

Chinese Taskforce Cracks Down Illegal Crowdfunding Campaigns

Flag_of_the_People's_Republic_of_China

While entrepreneurs all over the world continue to use crowdfunding as a source to raise funds, the use of it in China has drawn some concerns. While it is known as the “online investment phenomenon” fundraising option has grown so quickly, that it is starting to raise public interests and also suspicions. Liu Zhangjun, director-general… Read More

Crowdfunding Campaign on Pozible China Smashes Goal Immediately

Geyenno One Wristband

One of Pozible’s first crowdfunding campaigns from China smashed its target within a minute of launching.  Within 25 minutes the project creators behind the Gyenno One wristband were half way to selling out of their current stock. The base reward for a single watch was set at ¥399 (about $64), an affordable price point for interested… Read More

Ai Weiwei Secretly Shot A Sci-Fi Film And It’s Funding On Kickstarter

ai-weiwei

Chinese artist and cultural activist Ai Weiwei is at the center of a currently-running Kickstarter campaign seeking funding for an upcoming sci-fi film. Shot in secret, The Sand Storm has already met a goal of $33,000 and seems set to eclipse that by orders of magnitude as funding continues for the better part of the… Read More

HWTrek Asia Innovation Tour Kicks Off

Participating Creators HWTrek Asia Innovation Tour

Taiwan based HWTrek, a global community for digital electronics, has kicked off its inaugural Asia Innovation Tour which features networking opportunities with billion-dollar hardware manufacturers and technology giants in Taiwan and mainland China. Organized with startups in mind, the tour started in Taipei, Taiwan, with visits to prominent manufacturers Pronology, Qisda, Quanta, Wistron and supplier… Read More

P2P Questions in China Indicate Need for Regulation

Flag_of_the_People's_Republic_of_China

In a story recently filed by Chinese state press agency Xinhua, questions arose about the growing business of peer-to-peer (P2P) lending. Apparently over 70 P2P crowdfunding platforms collapsed last year, around 60 in the fourth quarter. The dramatic increase in failures has alerted investors, along with regulators, to the enormous potential for default accompanying promised… Read More

Alibaba Enters Entertainment Crowdfunding Arena With New Financing Play

alibaba

Alibaba.com is a giant in China, and the company has now launched a crowdfunding play for entertainment-related projects. It’s called Yu Le Bao, or “Entertainment Treasure,” and it allows anyone to invest in entertainment projects like films and games in amounts as little as 100 yuan, or approximately $16. According to IBTimes, Alibaba Group is rumored… Read More

HWTrek Hosts Innovation Tour, Offers 15 Creators Expense Free Trip

HWTrek Logo

HWTrek, a crowdfunding site and digital community for digital electronics, is now accepting applications for its HWTrek Asia Innovation Tour, taking place April 8-9, 2014 in Taipei and April 11-12, 2014 in Beijing, China. The tour will offer hardware creators and startup organizations across the globe an opportunity to become better acquainted with the ecosystem… Read More

Pozible Now Crowdfunding in China

Pozible China

Australia based crowdfunding platform Pozible has opened their doors in the most populous country in the world.  Having recently launched country specific iterations of their crowdfunding portal in Singapore, Pozible has now launched a Mandarin version powered by an international team to support project creators in China.  Pozible hopes to facilitate engagement between Chinese based… Read More