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Top 10 Chinese Mobile Games Overseas in 2020

Top 10 Chinese Mobile Games Overseas in 2020

As the Covid-19 pandemic roars across the world, social distancing is driving up the development and expansion of mobile games. According to a report released by IDC, players have grown at an annual rate of 15% in the first half of 2020, while Newzoo estimates there will be 2.5 billion mobile game players worldwide by the end of 2020.

1/12/202110 min read
China VC Weekly: Groceries, Resale and Plant-Based Meat

China VC Weekly: Groceries, Resale and Plant-Based Meat

In last week’s China VC news: online grocery platform Dingdong Maicai bags a new tranche in its Series D round, bringing total financing amassed in the round to $1 billion; California-based biopharma firm Kinnate starts a joint venture to expand in China; luxury resale platform GoShare2 rakes in “tens of millions of US dollars” in Series C financing; and plant-based ground pork brand Zrou owner raised $7.3 million in a Series A round of financing.

5/17/20215 min read
Baidu Launches Commercial Fully Driverless Ride-Hailing Service in Shenzhen

Baidu Launches Commercial Fully Driverless Ride-Hailing Service in Shenzhen

Chinese tech giant Baidu has obtained licensing for commercial operation of its fully driverless ride-hailing service in Shenzhen. Baidu robotaxis are now authorized to provide ride-hailing service with no safety operator present in the car, making Shenzhen the fourth city in China where such service is available, following Wuhan, Chongqing and Beijing.

6/19/20232 min read