Meituan-Dianping submitted the file for its Initial Public Offering (IPO) to Hong Kong stock exchange on June 22, targeting a fundraising of $6 billion. It will rival with the incoming IPO of Xiaomi in scale with a funding target of $6.1 billion.
One year into an ideal job in a multinational corporation, my friend Lin made the seemingly risky decision to move to a startup. The multinational offered a decent salary, bonuses and a mature training system. What more could a new graduate expect?
On June 18 evening (EDT), U.S. President Donald Trump announced another tarriff on $200 billion worth of imports from China; Ministry of Commerce in China responded immediately saying “it is blackmail and an extreme threat.”
Douyin, the most popular short-video platform, announced on June 12 that its number of domestic daily active users (DAU) has exceeded 150 million.
The tragic murder of female passenger, who happened to be an attractive flight attendant, in a Didi Hitch ride early this month was not the first sexual assault case the largest Chinese car-hailing service provider has dealt with.
Lately I have been thinking about how Tencent’s WeChat can enter other markets. It has been a tremendous success in China with more than one billion users. Together with Alipay, mobile payment has turned Chinese society from a society where people carry large wads of cash, to one which is largely cashless, all within the…
456 blockchain companies have registered in China, forming the ecosystem of the rapidly growing blockchain industry, as the industry authority said in a recent report.
Luckin Coffee, a rapid expanding Chinese coffee shop, released an open letter on Tuesday, accusing Starbucks of its monopoly causing unfair competition in the market and hindering their business development.
The Marvel movie “Avengers: Infinity War”, also known as Avengers 3 in China, has attracted huge amounts of attention since its release in China on May 11. According to the website of China Box Office, as of May 13, the film grossed 1.29 billion yuan (over $203.5 million) during its opening three days of release.
The flames of the trade war between China and the United States have long spread to the field of science and technology. Following the U.S. ban on ZTE, it is rumored that Huawei will withdraw from the U.S. market and is under investigation by the United States Department of Justice.