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Sinovation Ventures
Sinovation Ventures () is a Beijing-based venture capital firm founded in 2009. The firm focuses on investing in startups that use artificial intelligence technology. It was one of the first Chinese venture capital firms to establish a presence in the United States. Background Kai-Fu Lee was President of Google China from July 2005 to September 4, 2009. A few days after resigning from his post, on September 7, 2009, he announced he would be starting a $115m venture capital fund called "Innovation Works". His colleague, Hua Wang who was previously Head of Business Development in Google China joined him as a co-founder. In 2013, a office was opened in Silicon Valley to invest in US startups. In 2016, the firm rebranded from "Innovation Works" to "Sinovation Ventures". In 2019, the firm closed its Silicon Valley office citing the China–United States trade war making it difficult to get into US deals. Funds Notable Investments * AdMob * Bitmain * Insilico Medicine * Me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MeituPic
Meitu Xiu Xiu (Meitu Pic) ( zh, 美图秀秀) is an image editing software that is mostly used in Mainland China but is also popular in Hong Kong and Taiwan. It is available on Google Play and App Store. It provides tools for editing photos: Filters, retouching, Collage, scenes, frames, and photos decorations etc. Meitu Xiu Xiu is one of the apps developed by Xiamen Meitu Technology Co., Ltd, it also produced Meipai, BeautyCam, and PosterLabs etc. History Meitu Xiu Xiu was created in March 2013 by Wu Xinhong, the CEO of Meitu. It was one of the apps from China. Meitu is a photo-centered app developer, which is founded in 2008 in Xiamen. Currently, the major revenue source of Meitu is advertising and it is making a small number of profits, disclosed by the CEO. The company was backed by Cai Wensheng, a well-known angel investor. The app has 52 million active daily users and 270 million monthly active users. Function Edit MeituPic provides a number of photo-editing tools. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2009
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assess ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Companies Established In 2009
Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of various ethnicities in contemporary China ** Han Chinese, the largest ethnic group in the world and the majority ethnic group in Mainland China, Hong Kong, Macau, Taiwan, and Singapore ** Ethnic minorities in China, people of non-Han Chinese ethnicities in modern China ** Ethnic groups in Chinese history, people of various ethnicities in historical China ** Nationals of the People's Republic of China ** Nationals of the Republic of China ** Overseas Chinese, Chinese people residing outside the territories of Mainland China, Hong Kong, Macau, and Taiwan * Sinitic languages, the major branch of the Sino-Tibetan language family ** Chinese language, a group of related languages spoken predominantly in China, sharing a written script (Chinese c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhihu
Zhihu is a website where questions are created, answered, edited, and organized by the community of its users. Originally based in Chengdu, with creators being from Sichuan, China, its website, zhihu.com, was launched on January 26, 2011. The number of registered users of Zhihu had exceeded 10 million by the end of 2013, and has reached 17 million as of May 2015 with 250 million monthly page views. The number of registered users of Zhihu had exceeded 220 million by the end of 2018 and has accumulated more than 30 million questions and 130 million answers. In Classical Chinese, "Zhīhū" (知乎) means "Know". Zhihu is used in China as a question and answer forum. History Zhihu began development starting from August 2010. It went through a closed beta test at the end of December 2010. The final product went online on January 26, 2011. It has reportedly received funding from Kai-Fu Lee's Innovation Works, Qiming Ventures, SAIF Partners, Tencent , and Sogou. On August 12, 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wonder Workshop
Wonder Workshop is an education and robotics startup based in Silicon Valley in the United States. Formerly called Play-i, Wonder Workshop ran a crowdfunding campaign in November 2013, where they introduced the robot A robot is a machine—especially one programmable by a computer—capable of carrying out a complex series of actions automatically. A robot can be guided by an external control device, or the control may be embedded within. Robots may be c ...s Bo and Yana. They were subsequently renamed Dash and Dot before their launch in 2014. The company has currently raised $15.9 million in funding from Madrona Venture Group, CRV, WI Harper, Google Ventures, and others. Products Wonder Workshop introduced Dash and Dot in December 2014. They are robots targeted at teaching creative problem-solving and computational thinking. They came with four free apps compatible with iOS and Android devices. Dash and Dot shipped to 37 countries including the U.S., Canada, Australia, Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WeRide
WeRide () is an international L4 autonomous driving technology company. Holding driverless test permits both in the U.S. and China, WeRide has formed strategic partnerships with OEMs and Tier 1 suppliers including Renault-Nissan-Mitsubishi Alliance, Yutong Group, GAC Group, Bosch, etc. History Established in Silicon Valley in 2017, WeRide now has expanded its R&D and operation centers to San Jose, Abu Dhabi, Singapore, Guangzhou, Beijing, Shanghai and Shenzhen. The Company was founded by Tony Han who was the former Chief Scientist of Baidu's Autonomous Driving Unit. The company has grown to over 1000 employees around the globe over the past 5 years. In November 2020, WeRide announced that a total of 147,128 trips were completed for more than 60,000 passengers during its first year of Robotaxi service. Marking its one-year anniversary of Robotaxi operation, WeRide has partnered with Institute of Transportation Engineering, Tsinghua University, to conduct a Robotaxi passenger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
VIPKid
VIPKid, also known as VIPKID, is an online teaching and education company. History Founded in 2013 and formally launched in 2014 by Cindy Mi, the VIPKid platform connects paying students with teachers in the United States and Canada. Its online-classroom portal enables students to receive 25-minute English language lessons from fluent English-speaking teachers. Students and teachers communicate via its video chat platform. In 2017, VIPKid launched a new service, Lingo Bus, to teach Mandarin to students of 5 to 12 years old. In 2017, VIPKid reported that it had raised $200 million in initial series funding, and in April 2018 raised an additional $500 million in series D+ funding. Combined, this amount equated VIPKID's valuation to $3 billion. As of November 2018, the company reported having 60,000 contracted teachers to teach 500,000 students. In May 2020, VIPKID announced that all current teachers would gradually transition to a new service fee structure and the base rate a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TuSimple
TuSimple Holdings, Inc. is an American autonomous trucking company, based in San Diego, California, with offices in Arizona, Texas, and China. It was founded in 2015 by Xiaodi Hou and Mo Chen. Initial financial backers include Volkswagen, United Parcel Services, and U.S. Xpress Enterprises. The company was the first autonomous trucking company to go public on the NASDAQ composite index in April 2021. TuSimple and its leadership are currently under investigation by the Federal Bureau of Investigation (FBI), U.S. Securities and Exchange Commission (SEC), and Committee on Foreign Investment in the United States (CFIUS) on suspicions of illicit technology transfer. History In April 2021, the company raised over US$1 billion in an initial public offering, leading to a valuation of almost $8.5 billion. In early 2022, the company announced that it had been running trucks without human drivers on over 550 miles of public roads between Phoenix and Tucson, Arizona. This practice disti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securly
Securly, Inc. is an American company based in San Jose, California and incorporated in Delaware. It develops and sells internet filters, spyware, and other technologies which primary and secondary schools use to monitor students' web browsing, web searches, video watching, social media posts, emails, online documents, and drives. It was founded in 2013. Reception Securly has been criticized for providing tools that empower schools to censor content and invade students' privacy. In 2017, the ''Milwaukee Journal Sentinel'' reported on Arrowhead High School's implementation of Securly, which received pushback from parents and students. The software monitored activity of school-owned equipment, but also of students' own devices that connected to the school's Wi-Fi. Points of contention included the risk of Securly being hacked, the potential sale of students' browsing and search history to insurance companies and advertisers, and general privacy concerns. Securly stated that they ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planetary Resources
Planetary Resources, Inc., formerly known as Arkyd Astronautics, was an American company that was formed on 1 January 2009,ARKYD Astronautics Founded http://www.planetaryresources.com/2009/01/draft-arkyd-astronautics-founded/ and reorganized and renamed in 2012. Its stated goal is to "expand Earth's natural resource base" by developing and deploying the technologies for asteroid mining. Following financial troubles caused by "delayed investment", it was announced on 31 October 2018, that the company's human assets were purchased by the blockchain software technology company ConsenSys, Inc. In May 2020, ConsenSys made all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Niu Technologies
Niu Technologies ( zh, 牛电科技; stylized as NIU) is an electric scooter company headquartered in Beijing, China. Yan Li has been its CEO and COO since December 2017. Founded in 2014 by two ex-employees of Xiaomi, it is now one of the largest electric vehicle manufacturers in China. Early on, it differentiated itself by using lithium-ion batteries as opposed to the cheaper lead-acid alternatives widely used in Chinese e-scooters at the time. It had nearly $300M in revenue in 2019. As of November 2020, 98% of its sales were in China. In 2018, it was listed on the NASDAQ stock exchange under the ticker NIU. Niu scooters are used by some vehicle-sharing enterprises. Revel Transit launched in New York City in 2019 with 1,000 Niu mopeds, later expanding to Washington DC, Austin and Miami. In 2021, Lime Lime commonly refers to: * Lime (fruit), a green citrus fruit * Lime (material), inorganic materials containing calcium, usually calcium oxide or calcium hydroxide * Lime (color) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
