DiDi Said to Be Seeking HK$600B IPO
China’s largest ride-hailing giant DiDi Chuxing is said to be considering an initial public offering in Hong Kong by the end of this year.
7/21/20202 min read
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China VC Weekly: With COVID-19 Not Letting Go, Chinese Investors Bet on India and VR
Among the most notable domestic news is the Series A round raised by the Shanghai-based VR startup Oasis VR.
DeepSeek Officially Denies the Claim that 'R2 Will Be Released on March 17th'
Regarding the rumors of DeepSeek releasing the next generation R2 model on March 17, the official account of DeepSeek responded: 'The release of R2 is fake news.'
Binance Labs Closes $500M Fund for Blockchain, Web3, and Value-Building Technologies
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of a new $500 million investment fund on Wednesday.
6/2/20222 min read
BOE's Shipments Of Large Size LCD Panels Surpass LG, Now First in The World
In the field of large size LCD panels for televisions, the shipment volume of Chinese electronic components producer BOE Technology Group jumped to first place for the first time.
Geely-Backed Ruilan Auto Releases Three New Models
During the Chongqing Auto Show on Saturday, Ruilan Auto, a joint venture established by Geely and Lifan Technology, released three new battery-swap EV models: the RL 7, RL 9 and 80V PRO.
6/27/20222 min read
Xiaomi 12S Smartphone Series to Debut July 4
Xiaomi Chairman and CEO Lei Jun announced that the consumer electronics firm's imaging strategic upgrades and a new product launch event is scheduled for 7:00 pm on July 4, during which the new Xiaomi 12S smartphone series will be launched.
6/28/20222 min read
Alibaba’s Grocery Chain Freshippo Seeks Financing
Alibaba's grocery chain Freshippo is reportedly seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up to $10 billion earlier this year.
7/13/20222 min read
Didi Chuxing Undergoes Cybersecurity Review Two Days after Its US IPO
Recently-listed ride-hailing app, Didi Chuxing, has now found itself the subject of a national security and public interest investigation by China's cybersecurity watchdog.
7/2/20211 min read
Bullet Messenger Cooled Off as Smartisan Rumored to Face Financial Challenges
It has been quiet about the Chinese messaging app Bullet Messenger lately, until a recent news report suggested the app had been temporarily removed from app st...
10/28/20185 min read
Xiaomi Introduces Most Accessible Snapdragon 865 Smartphones Redmi K30 Series
Xiaomi yesterday unveiled its latest additions to the Redmi K30 line – the Redmi K30 Pro and Redmi K30 Pro Zoom Edition.
3/25/20202 min read
Tongcheng-eLong File for IPO at the Hong Kong Stock Exchange
On Nov. 26, Tongcheng-eLong, the online travel platform backed by Tencent became listed on the Hong Kong Stock Exchange (HKEX) at an issuing price of 9.8 Hong K...
11/26/20182 min read