China VC Weekly: With COVID-19 Not Letting Go, Chinese Investors Bet on India and VR
Among the most notable domestic news is the Series A round raised by the Shanghai-based VR startup Oasis VR.
Category: Industry
Showing 12 of 6375 posts in this category
DeepSeek Officially Denies the Claim that 'R2 Will Be Released on March 17th'
Regarding the rumors of DeepSeek releasing the next generation R2 model on March 17, the official account of DeepSeek responded: 'The release of R2 is fake news.'
BOE's Shipments Of Large Size LCD Panels Surpass LG, Now First in The World
In the field of large size LCD panels for televisions, the shipment volume of Chinese electronic components producer BOE Technology Group jumped to first place for the first time.
Alibaba’s Grocery Chain Freshippo Seeks Financing
Alibaba's grocery chain Freshippo is reportedly seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up to $10 billion earlier this year.
7/13/20222 min read
Didi Chuxing Undergoes Cybersecurity Review Two Days after Its US IPO
Recently-listed ride-hailing app, Didi Chuxing, has now found itself the subject of a national security and public interest investigation by China's cybersecurity watchdog.
7/2/20211 min read
Tongcheng-eLong File for IPO at the Hong Kong Stock Exchange
On Nov. 26, Tongcheng-eLong, the online travel platform backed by Tencent became listed on the Hong Kong Stock Exchange (HKEX) at an issuing price of 9.8 Hong K...
11/26/20182 min read
TikTok Ad Revenue Forecast to Exceed $11B in 2022
Advertisement revenue for ByteDance's video-sharing app TikTok is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of market rivals Twitter and Snap, according to research firm Insider Intelligence.
ByteDance's Used Car Business Project Under Long-Term Preparation
ByteDance's used car project has been initiated internally following a long period of preparation. The name of the project is likely to be "Dongdong Haoche," so as to distinguish it from the company's car information app Dongchedi.
4/19/20222 min read
Chinese TV Series Based on "The Three Body Problem" to Premiere Sunday
A Chinese-made TV show adapted from "The Three Body Problem," a popular sci-fi novel series that won its author Liu Cixin a Hugo Award in 2015, is set to premiere on January 15 on CCTV, Tencent Video and Migu Video.
Baidu Launches Audio-Based Social App for Strangers "Haiquanquan"
Internet technology giant Baidu has recently launched a new stranger-oriented chatting app named "Haiquanquan."
4/19/20222 min read
Ofo's $2 Billion Acquisition by Didi Rumored to be Finalized
Bike-sharing giant ofo has finally agreed to be bought out by Didi-Chuxing according to Chinese media. The deal is said to be worth $2 billion and that all othe...
ByteDance's Office Platform to Accelerate Overseas Commercialization
Lark, a collaborative office communications platform owned by ByteDance, will speed up its overseas commercialization next year, with a global revenue target of 6 billion yuan ($942 million) in five years.