Kai-Fu Lee: 9 Years of Sinovation Ventures, Parallel Tech Universes, and VC + AI
This year, Sinovation Ventures will turn nine years old. At a recent press conference, I shared several stories of entrepreneurship over the past nine years. Du...
Category: Industry
Showing 12 of 6422 posts in this category
SoftBank Halts New Investments in China
Japanese investment giant SoftBank Group plans to pause new investments in China until the impact of regulatory actions against the country's tech firms becomes more clear, the Wall Street Journal reported on Wednesday.
8/11/20212 min read
Turnover From Xiaomi, Honor, OPPO and Huawei Products Exceeds 300% YoY in First Ten Minutes of JD.com's Double Eleven Shopping Festival
Chinese e-commerce platform JD.com launched its Double Eleven Shopping Festival at 8:00 p.m. last night. The turnover of smartphone brands Xiaomi, OPPO, Realme, Huawei, Honor, iQOO and Vivo increased by over 300% year-on-year.
11/1/20213 min read
First Batch of Companies under ChiNext New Registration-Based IPO System Kick off Trading under New Rules
ChiNext, which has been in operation for more than ten years, has ushered in its biggest reform: piloting the registration-based IPO system.
8/24/20204 min read
WeChat Causes Another Scandal by Practicing Unruly Censorship on Douyin
A new HTML5 campaign video of “Night at the Museum” by Douyin, or Tik Tok as its international version is called, encountered an unusual social media ban after ...
China Now Has 802 Million Internet Users According to CNNIC Report
China now has over 800 million Internet users, as indicated in the half-year report on China's Internet by the China Internet Network Information Centre (CNNIC)...
Apple's core chip tech is in the hands of an 86-year-old Chinese
Apple unveiled the new iPhone X at the Steve Jobs Theater at 1am on September 13. When it comes to Apple, the vast majority only know new products, Jobs, but fe...
ByteDance Admits Downsizes to Commercialization Team
Since the end of 2020, Chinese Internet giant ByteDance has continuously adjusted the organization structure and business scope of its commercialization team, and many team members were laid off this month.
10/19/20212 min read
Xpeng, Li Auto Stock Price Plunge, NIO Soars Against Trend
Many Chinese concept shares (CCS) plummeted after Monday’s closing. New popular electric vehicle stocks Xpeng Motor plunged 10.05%, Li Auto fell 7.39%, but NIO bucked the trend and rose 2.86%.
9/1/20202 min read
Huawei CEO Speaks Out About US Ban
In an interview with CNN, Ren Zhengfei decided to break the silence and address the issue implying that the the US has treated Huawei unfairly.
11/28/20193 min read
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
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