Posts Tagged ‘ China ’

HOW CHINA REGULATES FINANCIAL INNOVATION

HOW CHINA REGULATES FINANCIAL INNOVATION

by Martin Chorzempa Master (NPA/ID) Candidate HARVARD Kennedy School  CrowdfundBeat Guest post. In this blog’s inaugural post, I outline my hypothesis about China’s regulatory approach to developments in Chinese finance. These observations are based on two years working and living in Beijing, much of which in an organization that led to frequent interaction with Chinese financial policymakers, scholars, and financiers. Chinese reform in general has followed a time-tested method of slow liberalization, the famous “crossing the river by feeling stones” but the Internet has turned this process on its head. The internet did not exist when the command economy was in force, so the Chinese never developed a large Soviet-style bureaucracy…

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CrowdFunding in China

China Is Poised to See Explosive Growth in Crowdfunding

China Is Poised to See Explosive Growth in Crowdfunding

Hector Botero  CrowdFundBeat Sr. Contributing  Editor, President & CEO at iCrowdNewswire, LLC The World Bank released a report on crowdfunding’s potential in the developing world. According to the Information for Development Program, China is one nation that is ready for some explosive growth in this emerging area of alternative financing. It will be interesting to see how China responds to the demand for crowdfunded innovation. How is China’s Economy Transitioning to Take Advantage of New Investment Vehicles? If you still think of China as a communist country, then you are not up with the latest developments taking place within the country. In fact, you have missed…

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China’s Wanda Group Raises 5 Billion Yuan in Crowdfunding

China’s Wanda Group Raises 5 Billion Yuan in Crowdfunding

CrowdFundBeat News Wire. BEIJING, June 19, 2015 /PRNewswire/ — Wanda is trying its hand at internet finance in the form of their crowdfunding app “Stable Earner No. 1”, which launched on June 12 and succeeded in raising their projected RMB5 billion in just three days, smashing a global crowdfunding record in the process. On June 18 the project was officially greenlit and the funds began flowing into the construction of five Wanda Plazas. RMB500 million of the first wave of investment came from individual investors and contributed to the sudden online “seckill” — within the first 50 minutes of the launch the RMB 100 million…

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China Equity CrowdFunding Review

China Equity CrowdFunding Review

By Conor Roche Director of BOP China and Co-Founder of Fieldwork, with additional research by Chen XU Director of Operations of BOP China Equity crowdfunding is at a very nascent stage of development in China. Unlike in the UK and the US, there is no specific policy regarding the use of the internet as a means of selling equity in a private business to the public. There are strict rules regarding ‘illegal fund-raising’ online. However these rules are primarily focused on peer-to-peer loans and exist to stop fraudulent lenders. Yet to date, in mainland China there are no equity crowdfunding platforms. Although limited forms do…

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Grameen China and JD.com Launch Crowdfunding Microfinance Project

CrowdFunding Beat News Wire,  BEIJING, Dec. 3, 2014 /PRNewswire/ — JD.com, Inc. (“JD.com” or the “Company”) (NASDAQ: JD), China’s largest online direct sales company, and Grameen China, the China-based entity of Grameen Trust (“GT”), a non-profit and non-government organization committed to the cause of poverty alleviation, today announced that they have reached an agreement on a strategic partnership inChina. The partnership will use JD.com’s crowdfunding platform to raise money to establish Grameen China’s ground operations, and future cooperation will likely also use the platform to provide micro-loans for entrepreneurs in rural areas of China, which have been underserved by the traditional banking system. To kick off the partnership, JD Finance, the finance business unit…

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HEADLINE NEWS

Inc.comHow Crowdfunding Will Make You a Better EntrepreneurInc.comThe crowdfunding campaigns you hear about are ones that wildly succeed. So and so raised millions of dollars, the headlines read. Rarely do we hear from entrepreneurs when they are actually in the heat of battle. Breath [...]

Technical.lyAfter success on Kickstarter, a 3D printing CEO started his own crowdfunding platformTechnical.lyM3D is launching a new 3D printer called the Promega, and they're turning to crowdfunding to help with its release. It's a familiar approach for a company who had thr [...]

Entrepreneurs look at crowdfunding opportunitiesFergus Falls Daily JournalIn the third meeting for the group, Duccini and Jade Barker, a consultant for Silicon Prairie, were invited to present on MNvest and how it allowed them to create a crowdfunding portal company. The MNvest law ha [...]

BizWest MediaStartup creating platform for patents, crowdfunding, idea protectionBizWest MediaDENVER — A new startup is looking to make patents more accessible and intellectual property more protected. IdeaJam, a company that operates in Denver and Boulder,has a new platform that aims [...]

The GuardianDisabled patients 'relying on crowdfunding' for wheelchairsThe GuardianDisabled patients are increasingly having to rely on crowdfunding to pay for wheelchairs, a leading doctor has warned. Cuts in services, a postcode lottery of availability and delays mean that [...]

Indiana LawyerCrowdfunding for court costsIndiana LawyerCrowdfunding websites such as gofundme.com and others are rife with fundraising campaigns for various legal matters, from neighbors fighting to stop approval of a “factory” hog farm in northern Indiana to a federal case in which [...]

Marketplace.orgCrowdfunding for your life - MarketplaceMarketplace.org"When I took that phone call, and I learned that this was just going to completely uproot my whole life, I'd say I spent maybe 10 seconds or so only freaking out ...and more » [...]

North Devon GazetteNorth Devon woman's £66k crowdfunding appeal for cancer treatmentNorth Devon GazetteNicky was seen undergoing surgery in the programme, but also made an emotional appeal for crowdfunding to help raise the necessary – and potentially lifesaving - £60,000 for the [...]

WFMY News 2Crowdfunding for 529 College Savings PlansWFMY News 2People have used crowdfunding sites to raise money for business ideas, help afford medical emergencies and even to pay for vacations. Now the concept is coming to college savings. More 529 plans, the accounts that give fa [...]

ForbesThis $130 Million Fund Is Leading The Way In Real Estate CrowdfundingForbesWhen people think of crowdfunding, the first word that jumps to mind is Kickstarter. But crowdfunding is not limited to supporting the next card game or independent film. Crowdfunding is becoming a viable [...]

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