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China’s second-largest short video app Kuaishou is investing extensively in Brazil and Southeast Asia to expand its overseas market, aiming to increase its share amid competition with TikTok.
China’s second-largest short video app Kuaishou is investing extensively in Brazil and Southeast Asia to expand its overseas market, aiming to increase its share amid competition with TikTok.
Online used car trading platform UXIN announced definitive agreements with Nio Capital and Joy Capital, in which both firms have agreed to invest a total of up to $315 million in the company.
Online used car trading platform UXIN announced definitive agreements with Nio Capital and Joy Capital, in which both firms have agreed to invest a total of up to $315 million in the company.
The Chinese Education Ministry announced establishment of a new department to oversee after-school tutoring amid Beijing’s ongoing crackdown on China's burgeoning private tutoring industry.
The Chinese Education Ministry announced establishment of a new department to oversee after-school tutoring amid Beijing’s ongoing crackdown on China's burgeoning private tutoring industry.
In an open letter, Sun Shu, CEO of Didi's ride-hailing branch and head of the Drivers Committee, addressed commission rate policies and disclosed information about wage compensations.
In an open letter, Sun Shu, CEO of Didi's ride-hailing branch and head of the Drivers Committee, addressed commission rate policies and disclosed information about wage compensations.
Fashion brands including Dr. Martens' owner AirWair International and independent designers have accused e-commerce platform Shein of trademark infringements.
Fashion brands including Dr. Martens' owner AirWair International and independent designers have accused e-commerce platform Shein of trademark infringements.
In last week’s VC news, online medical platform Dingdang Health raises $220 million to expand its O2O strategy, lidar-maker Hesai closes a considerable Series D followed by a hefty Series C round raised by autonomous driving chip-maker Horizon robotics, while Tencent invests in a German online brokerage.
In last week’s VC news, online medical platform Dingdang Health raises $220 million to expand its O2O strategy, lidar-maker Hesai closes a considerable Series D followed by a hefty Series C round raised by autonomous driving chip-maker Horizon robotics, while Tencent invests in a German online brokerage.
Chinese medical data company LinkDoc Technology filed paperwork on Monday to list shares in the US, as China’s digital healthcare industry continues to grow in the wake of the coronavirus pandemic.
Chinese medical data company LinkDoc Technology filed paperwork on Monday to list shares in the US, as China’s digital healthcare industry continues to grow in the wake of the coronavirus pandemic.
China on Thursday initiated a new pilot program related to the Internet of Vehicles, focusing on data security and identity authentication, aiming to advance the safety of the next generation technology.
China on Thursday initiated a new pilot program related to the Internet of Vehicles, focusing on data security and identity authentication, aiming to advance the safety of the next generation technology.
Didi Chuxing, China’s leading ride-hailing platform, unveiled the filing for its long-awaited US stock market debut on Thursday, marking a further step toward what could be the world’s biggest IPO this year.
Didi Chuxing, China’s leading ride-hailing platform, unveiled the filing for its long-awaited US stock market debut on Thursday, marking a further step toward what could be the world’s biggest IPO this year.
According to enterprise information platform Tianyancha, Dongxia Datong (Beijing) Management Consulting Co. Ltd., the operator of the now defunct bike-sharing platform Ofo, was found to possess no executable funds following a court order on June 10.
According to enterprise information platform Tianyancha, Dongxia Datong (Beijing) Management Consulting Co. Ltd., the operator of the now defunct bike-sharing platform Ofo, was found to possess no executable funds following a court order on June 10.
According to public information posted to China's enforcement information disclosure website, Luckin Coffee’s ex-chairman Lu Zhengyao on Wednesday was listed as a judgment debtor by the Higher People's Court of Beijing Municipality, obliging him to pay about 1.2 billion yuan ($188 million) in fines.
According to public information posted to China's enforcement information disclosure website, Luckin Coffee’s ex-chairman Lu Zhengyao on Wednesday was listed as a judgment debtor by the Higher People's Court of Beijing Municipality, obliging him to pay about 1.2 billion yuan ($188 million) in fines.
In the week leading up to the summer season, the temperature in China has begun to increase, as has esports business news across the country. Last week, the esports industry in China saw some new brands enter the scene, including the first automotive sponsor for Victory Five.
In the week leading up to the summer season, the temperature in China has begun to increase, as has esports business news across the country. Last week, the esports industry in China saw some new brands enter the scene, including the first automotive sponsor for Victory Five.
Chinese internet giant Alibaba announced on Thursday it will develop driverless trucks with its logistics unit Cainiao, as the company ramps up efforts to follow a trend that may revolutionize the transportation industry.
Chinese internet giant Alibaba announced on Thursday it will develop driverless trucks with its logistics unit Cainiao, as the company ramps up efforts to follow a trend that may revolutionize the transportation industry.
China’s twitter-like social media platform Weibo and search engine Baidu have blocked a series of crypto-related keywords, as the government continues putting pressure on the cryptocurrency market.
China’s twitter-like social media platform Weibo and search engine Baidu have blocked a series of crypto-related keywords, as the government continues putting pressure on the cryptocurrency market.
US President Joe Biden on Wednesday revoked former President Trump's executive orders trying to ban Chinese short video app TikTok and instant communication app WeChat over national security concerns and issued a new order to review security concerns posed by these apps, the White House said.
US President Joe Biden on Wednesday revoked former President Trump's executive orders trying to ban Chinese short video app TikTok and instant communication app WeChat over national security concerns and issued a new order to review security concerns posed by these apps, the White House said.