Qutoutiao Inc., a Chinese information platform, announced on Thursday that it will stop the service and maintenance of its "We Media" creation platform from June 30, 2022, as part of its long-term content plan.
Zhihu, the largest online Q&A community in China, was officially listed on the Hong Kong Stock Exchange (HKEx) on Friday, becoming the first Chinese internet company to return to Hong Kong by means of a dual primary listing.
On Thursday, Chinese battery giant CATL released its 2021 annual report. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%.
Cybersecurity firm Huashun Xinan announced Tuesday its completion of C-round financing worth hundreds of millions of yuan. The leading investor was CMB International.
Power battery company Sunwoda held a performance briefing on Wednesday to discuss the likelihood of its provision of batteries for Xiaomi's auto business, as well as product prices and revenue expectations.
Since the end of last year, several Internet giants have been the center of rumors about layoffs. News emerged on Wednesday that Alibaba’s DAMO Academy has gone ahead with a plan to cut a third of its workforce.
In last week’s VC news, Matrix Partners completed two weighty capital injections in computer chips and robots, sweeping robot company LeSheng Smart secured its Series A+ financing round, and more.
Unitree Robotics, a high-performance quadruped robots manufacturer, has recently announced its completion of B-round financing worth several hundred million yuan, led by Matrix Partners and Dunhong Capital Management.
Chinese lithium battery materials maker Shanshan Corporation announced on Monday that it plans to win more investment from its four strategic investors through its wholly-owned subsidiary.
Jineng Technology, a one-stop services operator for new energy vehicles, has completed its first round of financing totaling tens of millions of yuan. This round featured exclusive investment from Frees Fund.
Geekbang, a KaaS learning platform, has announced its completion of $15.7 million in a B+ round of financing. The investment was led by Oriental Fortune Capital, followed by Cybernaut Venture Capital and an investment institution.
Shanghai-based video platform Bilibili's livestreaming business unit is planning internal layoffs, with a list of employees to cut having been preliminarily drawn up.
This week: Chinese computer giant Lenovo makes its foray into the metaverse field, game engine Cocos raises $50 million in series-B funding round, and more.
Euterpe has become a hot program since it received a new round of funding from the HKICEx. I take a deeper look at the company to see what's driving this surge of excitement.
Chinese tech giant ByteDance's short video platform TikTok is now currently facing investigation by U.S. government agencies over its handling of child sexual abuse material.
Cybersecurity company Qihoo 360 has recently launched a metaverse product called "N World," Tech Planet reported on Friday. The platform is composed of a number of "interest worlds," which can be created by users.
Nayuki Holdings Limited, a new-style beverage brand, announced the latest financial report of its operations in the first quarter of this year on Thursday.
Three Chinese state associations issued a joint initiative on Wednesday for curbing the financialization and securitization of NFTs, and for preventing the risk of illegal financial activities.
Jerry Wang, one of the core executives and Vice President of Global Capital Markets at California-based EV startup Faraday Future, updated his personal LinkedIn page on Tuesday, indicating that he had left the firm.