51 Credit Card Under Investigation For Outsourcing Debt Collection Services
51 Credit Card, China’s largest credit card service startup in terms of monthly active users (MAU), saw its share price plummet by 34.32% to $1.77 HKD today.
Category: Startups
Showing 12 of 864 posts in this category
Automation Solutions Firm MegaRobo Bags $300M in C-Round Financing
MegaRobo, an intelligent life science enterprise, has announced its completion of C-round financing totaling $300 million. The funding was jointly led by Goldman Sachs Asset Management LP, Asia Investment Capital and GGV Capital.
6/15/20222 min read
Autonomous Truck Company TuSimple Doubles Weekly Runs for UPS
TuSimple has deepened its partnership with delivery giant UPS by adding new routes in Texas.
3/6/20202 min read
XPeng Motors Now Licensed to Test Autopilot in California
On Sept. 11, Dr. Gu Junli, vice president of Xpeng Motors, an electric car startup in China, announced in a keynote speech that the company has obtained a Calif...
9/12/20183 min read
IntellectiveBio Exceeds $74M in Round-C Financing
Contract development and manufacturing organization (CDMO) IntellectiveBio announced its completion of round-C financing on August 5, with a total amount exceeding 500 million yuan ($74.1 million). This round was led by Gaorong Capital and CTS Capital.
8/5/20222 min read
Smart Chip Company CIX Completes Pre-A Round of Financing
On July 19, Chinese smart chip company CIX announced the completion of a Pre-A round of financing. It was jointly led by NIO Capital and Qiming Venture Partners.
7/19/20222 min read
Xiaomi Rumored to IPO in HK with an Evaluation of $70 Billion
According to Hong Kong Economic Times, Xiaomi is expected to become one of Hong Kong's first listed companies featuring “same shares with different rights”, and...
Checking Out the Futuristic XPeng G3 at Happy Valley!
https://youtu.be/zpP0vPwNosc Unlike traditional automobile brands, XPeng's marketing has always been stylish and energetic as their main focus is to attract ...
9/22/20183 min read
Smart Home Tech Firm Orvibo Bags 1 Billion Yuan in E-Round Financing
Shenzhen-based smart home appliance provider Orvibo announced on Monday its completion of a new round of financing.
1/17/20222 min read
AI Unicorn SenseTime Reported to Pursue $2 Billion Hong Kong IPO
AI company SenseTime is reportedly cooperating with HSBC Holdings Plc to arrange an IPO in Hong Kong to raise at least $2 billion, people familiar with the matter said on Tuesday. Both companies have not issued any response yet.
8/18/20212 min read
Black Sesame Technologies Reaches with MAXIEYE
On Friday, Black Sesame Technologies, an autonomous driving chip maker, announced that it has reached a strategic cooperation agreement with MAXIEYE, an autonomous driving company.
1/21/20222 min read
PitchBook Publishes Unicorn Class of 2017, Mobike and NIO Make the List
PitchBook, a global data research institution based in the Silicon Valley, names its Unicorn Class of 2017. In 2017, 57 start-ups were valued at more than $1 bi...