According to people familiar with the matter, the pre-IPO valuation of Kuaishou, one of China’s leading short-video start-ups, has reached $25 billion.
San Diego-based self-driving truck startup TuSimple, announced on September 17 that its Series D round had secured an additional $120 million.
According to insider information received by 36Kr, one of the cofounders of ofo, Zhang Siding, has established a new venture.
GalaxySpace, a private Chinese satellite constellation provider, has finished another round of financing led by JIC Technology Investment on September 16.
The China-based EV startup Byton unveiled the final design for its first vehicle, the M-Byte, this week at the Frankfurt Motor Show.
On September 5, Xpeng Motors, a Chinese electric vehicle company, kicked off the delivery of its Xpeng G3 2020 Edition SUV at the Chengdu Motor Show, less than two months after the initial presentation of this new high-performance iteration of its G3 series.
Xpeng Motors, a leading electric vehicle manufacturer in China, responded to a report from an Xpeng car owner that its cars could not connect and charge via the national electric charging grid available throughout China.
Blued, China’s largest gay-dating app for men, is planning a US IPO that could raise about $200 million.
CEO of Didi Chuxing, Cheng Wei, announced at the roundtable forum of the WAIC 2019 that his company will expedite the manned Didi autopilot tests in Shanghai and will invite ordinary users to participate in the experience.
We sat down with Brian Gu, president and vice-chairman of XPeng Motors, to learn more about the company and his vision for the future of EVs.
36Kr is said to be planning to list their media department on NASDAQ in the United States as they seek to raise $100 million.
Chinese artificial intelligence (AI) firm Megvii, the firm behind well-known computer vision tech company Face++, has filed for a public listing in Hong Kong on Aug. 26 with Goldman Sachs, J.P. Morgan and Citibank serving as the underwriters.
Having started Seeed Studio in 2008, Eric is not only one of the most respected entrepreneurs in Shenzhen, but also the founder of the oldest local maker space Chaihuo, and its subsidiary X.factory.
Chinese smartphone maker OnePlus’ smart TV will likely come in variable sizes, and be launched in September across China, India and the US, according to a listing filed on Bluetooth SIG.
Ofo is back, but perhaps in a different way.