Tagged: china

December 23, 2014 @ 1:27 pm By Erin Hobey  |  

KBBEX, a Hong Kong-based Bitcoin Exchange Platform, has formed a strategic partnership with the Taiwanese Bitcoin Platform BitoEX, to supply bitcoins in more than 5000 convenience stores located in Taiwan. Consumers may now buy bitcoins at all FamilyMart convenience stores in Taiwan. The alliance enables the development… Read More

December 11, 2014 @ 9:42 am By Samantha Hurst  |  

SparkLabs is graduating its fourth batch of companies with a frenzied interest in its demo day. Over 900 people have registered to attend their demo day event. Senior associate at SparkLabs, Sophia Choi stated,”Even with over 30,000 startups in Korea and SparkLabs’ growing reputation in Asia, our… Read More

December 3, 2014 @ 8:43 am By JD Alois  |  

JD.com is moving quickly to leverage their new crowdfunding platform initially titled  “Coufenzi” by signing an agreement to partner with Grameen China, a non-profit and non-governmental group dedicated to eliminating poverty.  JD Crowdfunding will be used to raise money to establish “ground operations” and then… Read More

November 28, 2014 @ 8:57 am By Yangjie She & Naiwen Zhang  |  

The biggest Peer to Peer (P2P) lending market, China, has been experiencing explosive growth. After two articles introducing the historical growth and outlook for this market, we are going to take a micro look on the huge variety of (P2P) lending platforms emerging in China…. Read More

November 27, 2014 @ 7:40 am By JD Alois  |  

In a public release Formax has announced a new “trading community” that seeks to become a “one stop shop” individual trading platform.  Formax states it has collaborated with 6 securities firms in China that aggregates various asset classes including peer to peer lending.  China is… Read More

November 17, 2014 @ 9:25 am By JD Alois  |  

JD.com or JingDong has announced third quarter financial results today delivering a 111% increase in year over year results in Gross Merchandise Volume (GMV) totaling $11 billion (RMB 29 billion).  Net revenues came  in at $4.7 billion an increase of 61% versus Q3 of 2013…. Read More

November 10, 2014 @ 11:59 am By JD Alois  |  

In a recent report China peer to peer (P2P) lending platform Jimubox disclosed it expects to triple its lending business to $1.6 billion in 2015.  The company lent a total of 100 million Yuan ($16.3 million) in 2013 after launching in August. Former Wall Street… Read More

November 7, 2014 @ 3:32 pm By Samantha Hurst  |  

Rapide 3D, who recently launched a crowdfunding campaign on  Indiegogo, has exceeded its funding goal by 1500% raising just over $203,000.  The company is offering savings of up to 60% on retail pricing to campaign contributors.  Available in 3 sizes, 200, 350 and 500mm printer is… Read More

November 7, 2014 @ 12:12 am By JD Alois  |  

Coolest Cooler, the largest crowdfunding campaign ever on the Kickstarter platform, is working with Dragon Innovation to aid in the production process of manufacturing, shipping and delivering over 60,000 tricked out coolers by early 2015.  In a note to backers, project creator Ryan Grepper delivered… Read More

November 6, 2014 @ 9:05 am By JD Alois  |  

AutoChina International, a commercial financing company for China’s transportation industry, has announced the launch of a new peer to peer (P2P) lending platform called K-Lend.  The news was revealed as part of a report regarding 3rd quarter results where AutoChina experienced a quarter over quarter… Read More

November 4, 2014 @ 7:26 am By JD Alois  |  

Australia based Crowdfunding Platform Pozible Partners with China Government Office  to Connect Entrepreneurs with Capital, Manufacturing Support, Chinese Entity Setup and More. Pozible, an international crowdfunding platform based in Australia, has partnered with IDG Capital Partners and the Shanghai-Nanxiang government to award matching funds and other… Read More

September 25, 2014 @ 1:58 pm By Yangjie She & Naiwen Zhang  |  

With the explosive growth over the past seven years, China has become the biggest peer to peer (P2P) lending market in the world. After introducing the four stage evolution in the previous article “The Evolution of Peer to Peer Lending in China”, we will now… Read More

September 22, 2014 @ 9:16 pm By JD Alois  |  

Recently during a trip to Southeast Asia I had the opportunity to meet Tim Cheng, CEO of  FlyingV – the largest rewards based crowdfunding platform across all of Asia.  Based in Tapei, Taiwan, FlyingV was launched just over 2 years ago in 2012.  Since that… Read More

September 12, 2014 @ 8:00 am By Naiwen Zhang & Yangjie She  |  

China, like much of the world, has uncovered the power of the crowd to finance many different things. Peer to peer (P2P) lending may have started, in its current online form in the UK, but is now firmly established in China and is the largest… Read More

September 11, 2014 @ 10:16 pm By JD Alois  |  

Kickstarter staff pick, Perception Neuron has “sailed” past their $250,000 crowdfunding goal and now stands at over half a million dollars on the final day of its crowdfunding campaign. Organizers pointed out that Perception Neuron now is the largest crowdfunding campaign from China ever –… Read More

September 10, 2014 @ 12:05 pm By JD Alois  |  

  China based peer to peer (P2P) lending site Jimubox announced today during a press conference in Beijing they had secured a substantial $37,190,000 investment in a Series B round.  The funding was said to be “competitive” and was led by Xiaomi and Shunwei Capital… Read More

August 25, 2014 @ 4:23 pm By JD Alois  |  

Crowdfunding remains small proportionally in one of the worlds largest economies – but it is growing quickly. Recent reports have stated that China generated 188 million yuan (over $30 million USD) from January to June.   This was the result of 1,423 crowdfunding campaigns.  This… Read More

August 20, 2014 @ 4:04 pm By Samantha Hurst  |  

Project Perception Neuoron: Motion Capture, VR and VFX quickly raised over half of their crowdfunding campaign goal on Kickstarter as the professional community recognized the potential for the project. It is the goal of creating company Noitom to turn motion capture into a common tool even… Read More

August 18, 2014 @ 11:36 am By JD Alois  |  

Kory Martin Juul has worked on some blockbuster films.  His credit role includes: Avatar, Lord of the Rings, Spider Man, The Hobbit, Star Trek, Star Wars and more.  He has earned his stripes as a visual effects artist at the highest level.  Passionate about his… Read More

August 18, 2014 @ 10:40 am By Samantha Hurst  |  

With less than two weeks until its Pozible crowdfunding campaign comes to an end, Oaxis’ Star.21 Fitness Band has officially hit￥311,014. The project originally set out to raise ￥100,000. The Star.21 Fitness Band helps its users “kickstart” their healthy lifestyle and cultivate long last healthy habits through a… Read More