Tutor App Zuoyebang Raises $750M from Tiger Global, FountainVest
Chinese online learning platform Zuoyebang raised $750 million, showing continued investor interest in China’s education technology market.
6/30/20201 min read
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Dajie Robot Completes B+ Round of Financing, Led by GL Ventures
Dajie Robot, a provider of intelligent construction solutions, announced today that it has completed a B+ round of financing, with GL Ventures taking the exclusive lead.
11/29/20212 min read
Zhang Yunfan Appointed As the Head of ByteDance's Gaming Business
ByteDance is re-entering the gaming industry, with Zhang Yunfan appointed as the head of ByteDance's gaming business.
Chinese Basketball Association to restart its games on June 20th
After several speculations on potentially reopening the Chinese Basketball Association tournament, the league official finally announced its official plans to restart the games on June 20th.
A Year of Metaverse Hype Culminates With Baidu's Launch of "XiRang"
With the public launch of XiRang, Baidu has now firmly established itself as one of China’s leaders in the metaverse race.
12/31/20217 min read
TikTok Is Testing New Dislike Button
TikTok, a wide popular short video app owned by ByteDance, is now testing a dislike button to help users "feel more in control over comments," according to a blog post the company released on Wednesday.
4/14/20222 min read
CBA Weekly Overview: Guangdong Wins its 13th CBA Regular Season Champion Title
With a 114-111 victory, the Guangdong Tigers secured their 2019-2020 regular-season champion title six rounds before the tournament concludes.
7/14/20207 min read
Breton Completes Series C Financing Worth Several Hundred Million Yuan
Heavy-duty truck developer Breton announced that it had completed a C round of financing worth several hundred million yuan. The financing was led by Rockets Capital.
7/20/20222 min read
China is Building the World’s Largest Waste-to-energy Plant in Shenzhen
China is undertaking yet another ambitious development just outside Shenzhen in southern China.
7/2/20192 min read
Community Group Buying in Pandemic-Stricken Shanghai
For people in Shanghai during the latest lockdown, informal community group buying is proving to be a more effective strategy for obtaining food than online grocery platforms.
4/14/20224 min read
Allbirds Got Silicon Valley Laced Up, Now They Are Coming for Zhongguancun
We sat down with Erick Haskell, the President of International at Allbirds, to discuss the company’s China strategy, their special approach to online and offline marketing and the major challenges.
Apple Pulls Navigation App Used by Hong Kong Protesters from App Store
HKmap.live, a crowdsourced mapping app used by Hong Kong protesters to navigate the city, avoid the police and keep informed of road closures has been removed from the Apple’s App Store.