Xpeng Motors Announces US$500mn Series C+ Financing
Xpeng Motors, a leading smart electric vehicle company in China, announced on July 20 the signing of its Series C+ financing of around US$500 million.
7/20/20202 min read
Category: Industry
Showing 12 of 6372 posts in this category
Cornerstone Robotics Bags $78.4 Million in Series B Financing, With Investment From Meituan's VC Fund DragonBall
Cornerstone Robotics Limited, an innovative surgical robotics developer, announced the completion of its Series B financing in which it garnered 500 million yuan ($78.4 million).
11/22/20212 min read
Crypto Miners Huobi Mall and BTC.TOP Halt China Business Amid Heightened Regulatory Clampdown
Chinese cryptocurrency miners Huobi Mall and BTC.TOP announced on Sunday that they have suspended their operations on mainland China after the country escalated its crackdown on bitcoin mining and trading activities, contributing to a slump in the cryptocurrency markets.
Tech Companies Lend Helping Hand in Hard Hit Wuhan’s Recovery from Pandemic
China’s leading e-commerce giants, Alibaba Group Holding Ltd., JD.Inc., and Pinduoduo Inc. have launched programs to help revive sales in farmed goods from Hubei.
8/17/20204 min read
Ince Capital Raises Another $700 Million
China-focused venture capital firm Ince Capital announced the completion of its latest fundraising of about $700 million, including two funds: INCE Capital Partners II, L.P. (Fund II) and INCE Opportunity Fund, L.P.
1/7/20222 min read
DJI’s New First-Person View Drone Promises 4K Video, Full Immersive Flight Experience
Chinese drone manufacturer DJI on Tuesday launched its inaugural first-person view (FPV) drone, which boasts a fully immersive flight experience and superior features compared to standard drones.
China Blocks the Search of Several Crypto-Related Keywords, Intensifying Crackdown
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.
JOYY Reports 16.8% YoY Revenue Increase in Q4, Driven by Livestreaming
JOYY Inc., a global video-based social media company, on Tuesday announced its unaudited financial results for the fourth quarter and full year of 2021.
3/16/20223 min read
Roborock Releases Two Automatic Cleaning Robots
On March 21st, Roborock released its annual flagship automatic cleaning robot G20 and a brand-new model, the P10.
3/21/20235 min read
NetEase Cloud Music and Rock Records Initiate Strategic Cooperation
On March 30, 2023, NetEase Cloud Music announced the renewal agreement with Rock Records and both parties initiated deep strategic cooperation. NetEase Cloud Music will continue to provide users with all music works under Rock Records.
3/30/20234 min read
Danke Apartment CEO Receives Consumption Restriction from Regulators Amid Company Bankruptcy Crisis
Rental platform Danke Apartment’s CEO Jing Gao received a high consumption restriction from the People’s Court of Minhang District on Dec. 8.
58.com Acquires Uxin’s B2B Automotive Sales Platform
58.com, China's largest online classifieds marketplace, completed the acquisition of Uxin's B2B used-car platform for a total transaction value of $105 million.