Missfresh Raises Largest Financing of $500M
Missfresh partner Xiao-hui Xu announced at the Third A20 New Agricultural Festival on December 24 that Missfresh would complete a new round of financing next we...
Category: Industry
Showing 12 of 6361 posts in this category
China VC Weekly: Keppel Capital’s New Fund, Pony.ai’s Lofty Valuation and More
In last week’s VC news, a local gene tech firm raises funds from Tencent, Singapore’s Keppel Capital sets its eyes on China’s logistics market, while autonomous driving powerhouse Pony.ai takes its valuation to new highs.
2/11/20213 min read
Bytedance Invests $182 Million in Sports Community Platform
On June 6, sports community platform Hupu officially confirmed that it obtained 1.26 billion yuan ($182 million) from Bytedance in the pre-IPO round. This gives Bytedance a 30% stake in Hupu.
6/6/20192 min read
Tencent Showcases Vehicle-cloud Integration Technology
Tencent showcased its vehicle-cloud integration technology and advances in smart driving maps, cockpit interaction solutions and more on the Tencent Intelligent Mobility Ecosystem Day on April 17.
4/18/20233 min read
Cainiao Global Partners With Shoplazza to Launch Customized Logistics Services
Cainiao Global, a logistics company backed by Chinese tech giant Alibaba, reached a cooperation agreement on Wednesday with commerce platform Shoplazza.
Newly Appointed CEO of Alibaba’s Local Life Department, Yu Yongfu, Reshuffles Department
Yu Yongfu, the newly appointed CEO of Alibaba’s Local Life department after the company's recent sexual harassment scandal, is gearing up for a major organizational reshuffle.
11/4/20212 min read
OnePlus May Launch the New Flagship in Early 2018
The "flagship killer" -- OnePlus 5 launched this year by OnePlus is quite controversial and after its release, there has been few news about it. From the parame...
10/4/20172 min read
Meituan Co-Founder Wang Huiwen's Chinese Version of OpenAI Receives Support from Wang Xing
On March 8, Wang Xing, CEO of Meituan, revealed that he would participate in the A round financing of Wang Huiwen's AI startup and serve as a director. Wang Huiwen retired as senior vice-president of the Chinese food delivery company in 2020.
Huawei Unveils New AR High-Precision Mapping Service Cyberverse
Following the unveiling of its home-grown operating system Harmony OS and a smart television under its sub-brand, Honor, Chinese telecommunications equipment giant Huawei Technologies revealed a new augmented reality (AR) and virtual reality (VR) services platform to help people better understand the world around them.
8/12/20192 min read
China VC Weekly: Batteries, Luxury and Healthcare
EV battery maker SVolt Energy Technology bags a hefty Series A round, luxury brand group Ushopal raises another $100 million to fund expansion plans, and healthcare investor OrbiMed closes a new Asia fund.
3/10/20214 min read
Five Companies From Greater China Rank Among Top 50 U.S. Patent Assignees in 2021
According to authoritative patent data released on Monday by IFI Claims, five enterprises from Greater China have entered into the list of top 50 U.S. Patent Assignees in 2021.
First Apple Store in Changsha, Hunan Province Set to Open
Apple published the official webpage of its first retail store in China's central province of Hunan on Wednesday. According to the page, the new facility is located in the Changsha International Financial Center.
8/25/20212 min read