China VC Weekly: Coffee, Chips and Metaverse
In last week’s VC news, prominent Chinese specialty coffee chain Seesaw Coffee bagged new financing via its Series A++ funding round, metaverse proponents Oasis, and more.
3/7/202210 min read
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Chinese Automaker Great Wall Motor to Deliver New Vehicles to Germany in Q4
On August 8, Chinese automobile manufacturer Great Wall Motor (GWM) held a signing ceremony with European car dealer Emil Frey Group.
8/10/20223 min read
$14 Billion Series C Round for Alibaba-Affiliate Ant Financial
Ant Financial Services Group announced today that they have raised approximately $14 billion in the Series C equity financing round, including a RMB tranche rai...
Former Luckin CTO Joins Upscale Tea Brand Nayuki
He Gang, former Chief Technology Officer of Luckin Coffee, has recently joined upscale tea brand Nayuki as the CTO.
7/19/20202 min read
Tencent Launches New Audio Social App 'Echo'
Just recently, Tencent released a live voice social app called “Echo”. When opening the app, users can see the slogan "encounter the voices you like”.
11/21/20192 min read
Baidu Releases "Chaodao Plan" and Advocates Rebuilding Open Internet
Shen Dou, Executive Vice President of Chinese internet technology firm Baidu, said the firm fully supports interconnection and is open to its partners in infrastructure, technical capability and service ecology.
12/16/20212 min read
Smartisan Founder Luo Yonghao Partners with Chinese TikTok on E-commerce Livestreaming
On Thursday morning, China's debt-ridden Smartisan Technology founder Luo Yonghao officially announced his exclusive partnership with Douyin, ByteDance's domestic version of TikTok.
3/26/20202 min read
Huawei's HarmonyOS Will No Longer Support Android Apps
Huawei's HarmonyOS system will no longer be compatible with Android applications. NetEase, Meituan, and other companies are urgently recruiting HarmonyOS developers.
11/13/20232 min read
Five Chinese Firms Including Baidu Face Possible Delisting in U.S.
The United States Securities and Exchange Commission (SEC) on Wednesday added five Chinese firms to a growing list of companies that may get delisted from domestic stock exchanges.
Mysterious Woman in Charge of Apple Greater China
During the first half of 2017, Apple faced a series of problems in the Chinese market including declining revenue and market share. Isabel Ge Mahe was appointe...
Chinese New Energy Vehicle Companies Announce April Deliveries
A range of Chinese new energy vehicle companies have recently reported their April delivery results. They were under greater pressure to deliver during the period due to the COVID-19 outbreaks.
5/5/20222 min read
vivo X Fold2 and X Flip Debuts in China
At an event held on April 20, vivo launched two new foldable phones in China. These include the vivo X Fold 2 and X Flip.