3D Modeling Company Deemos Completes Tens of Millions of Dollars in Series A Financing
Chinese 3D modeling company Deemos completes tens of millions of dollars in Series A financing, with ByteDance as the lead investors.
Category: Industry
Showing 12 of 6361 posts in this category
Battery Manufacturing Heavyweight CATL to Bag 58.2 Billion Yuan in Private Placement
Chinese battery maker CATL announced on the evening of August 12 that it plans to issue shares to no more than 35 specific investors in a non-public manner, raising a maximum of 58.2 billion yuan ($8.98 billion).
8/13/20213 min read
Tesla CEO Musk Agrees With Investor Srinivasan: California Construction 100X Slower Than China
Balaji Srinivasan, an entrepreneur and angel investor, tweeted "Most people don't realize that construction in California isn't 10% slower than the state of the art, but more like 100X slower." Under this tweet, Tesla CEO Elon Musk replied, "True."
10/21/20223 min read
China E-Commerce Platforms’ Sales Surge on Singles’ Day
China’s e-commerce platforms disclosed their Double 11 shopping festival performance and all set new records.
11/12/20202 min read
China VC Weekly: Big Week for Robots and China’s Instagram
In last week’s VC news, several prominent Chinese robotics companies raised considerable E-Finance rounds from investors, and more.
11/17/202110 min read
China’s Leading Medical Supply Firm’s Ad Accused of Sexism
A controversial advertisement for makeup removal wipes went viral this week as it aroused hot debate over claims it rationalizes the devilry of sexual assault.
1/12/20213 min read
InsurTech Startup Waterdrop Set For US IPO, Latest Valuation Hitting Tens of Billions of Dollars
Leading online InsurTech company Waterdrop Inc. is reported to be in full preparation for a U.S. initial public offering (IPO) in the next quarter.
What’s Behind Pinduoduo’s Ownership Change
Colin Zheng Huang, the founder of Chinese e-commerce giant Pinduoduo (PDD), has stepped down as CEO and reduced his stake in Pinduoduo stock to 29.4% from 43.3%.
Battery Maker CATL's Q1 Net Profit Dropped by 23.62% YoY
According to the recent report issued by Chinese battery giant CATL on Friday, in the first quarter of 2022, its revenue was 48.68 billion yuan, a year-on-year increase of 153.97%.
4/29/20222 min read
Huawei’s Intelligent Automotive Solution Business Unit Carries Out Major Organizational Restructuring
Huawei announced new personnel appointments for its Intelligent Automotive Solution Business Unit (IAS BU), showing position changes for several senior executives.
9/6/20212 min read
Beverage Firm Genki Forest to Build Sixth Jiangsu Factory
Chinese beverage brand Genki Forest announced on February 25 that its sixth self-built factory will be established in Taicang, Jiangsu Province, covering an area of 120 mu (19.8 acres).
2/28/20222 min read
China's Popular English Learning Platform LAIX Listed on the NYSE
LAIX Inc., an English learning platform from China driven by artificial intelligence (AI) technology, listed on the New York Stock Exchange (NYSE) on Sept. 27. ...