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According to three sources, J&T Express, an Indonesian courier company, has received $2.5 billion in its latest round of financing, and is now valued at about $20 billion.
On Thursday, Solidrocks Technology, a security company in China, announced that it completed an angel investing round worth of 10 million yuan. The deal was jointly invested by Plum Ventures and Weed Ventures Capital.
The sweeping regulations recently introduced to China's once booming private tutoring sector have pushed the industry near to its end. But there is an exemption.
Meitu, a Chinese smartphone maker and owner of a popular photo retouching app, announced on Tuesday that it lost $17.3 million in bitcoin due to a nosedive in ...
New Oriental Education schools in Hangzhou and Shanghai also announced they would provide one-month free courses for WSE students in those locations.
Recently, ByteDance officially launched the "Coze" AI Bot development platform. Any user can quickly and easily build their own Chatbot with low barriers to entry.
After nearly half a year, the lawsuit between battery developer SVOLT and industry giant CATL has come to an end.
This week: Tencent-backed digital publisher jumps on NFT bandwagon, Chinese state media signals tighter crypto control following Terra's collapse, Coinbase rescinds accepted offers as valuation plummets, and more.
On August 15th, Hon Hai Group has invested in AI startup Kneron and announced the release of a new edge computing AI chip called "KL730".
Regarding the recent news of Tesla's suspension of global hiring, a source close to Tesla China said that no updates on layoffs have been issued, and a massive recruitment drive was conducted not long ago.
On December 24, Chinese automotive firm NIO released electric flagship coupe SUV EC7 and all-new electric flagship SUV ES8. The firm also unveiled its third-generation battery swap station and commented on its mobile phone business and a recent data leakage incident.
Welcome back to our series on Bytedance, maker of TikTok (and many other things!) and the most richly valued privately-held tech startup in the world.