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In last week’s VC news, General Motors invests in Chinese autonomous driving startup Momenta, Nreal raises new funds for international expansion, NetEase invests in game publisher Kepler Interactive.
Luckin Coffee Inc. reportedly achieved positive cash flow per store in July, except for roughly 300 stores located at universities that have been closed due to the COVID-19 pandemic.
Chinese tech giant Huawei has reportedly announced its stock dividend data for 2021 at the end of January, showing an estimated 1.58 yuan ($0.25) per share.
A Bilibili HR worker previously called the platform's core users "losers in life." On August 2, Bilibili officially responded, saying that after internal investigation, the HR interviewer had been dismissed at the end of last year.
On Tuesday, Tanma Social Customer Relationship Management (SCRM) announced it had raised $30 million in B+ round financing.
Nreal, an augmented reality (AR) technology company, announced on Wednesday that it has completed a round C+ of financing totaling $60 million, led by Alibaba Group.
Tsinghua University has become the first Asian university to break into the top 20 list since the current methodology was launched in 2011, the latest Times Higher Education list showed.
On August 26th, Missfresh released its first financial report after its U.S. listing. The report showed that, in the second quarter of 2021, its total net revenues reached 1.89 billion yuan, representing a 40.7% year-on-year increase.
ChatGPT is sparking an entrepreneurial movement in China, attracting a steady stream of new members. Some of them come from major companies such as Alibaba, Kuaishou, Bytedance, Tencent and others.
Chinese automotive industry blogger nicknamed "Auto Shooter Arui" said on Thursday that he had taken a group of covert road test photos of XPeng's new vehicle model. This model is positioned as a medium-sized SUV.
On Dec.6, Wang Junzhi said during a Coronavirus Vaccine Development Conference that “Breaking news will be announced within the coming weeks and 600 million inactivated vaccines (killed virus) will go public within this year.”
On May 3, MINISO celebrated the grand opening of its first IP collector store in the United States, located in the American Dream Mall, New Jersey.