On December 22, Chinese software developer Kingsoft issued a proposal for a spin-off and independent listing announcement, regarding its sub-branch Kingsoft Cloud.
According to 36Kr, Sinovation Ventures’ AI subsidiary, Chuangxin Qizhi, completed its latest round of financing totaling nearly $57 million.
Power bank rental company Energy Monster has completed its C round of financing, with a total funding of 500 million yuan.
Chinese tech start-up Suqu Net heeded to the age old desire for pristine hotel linens by designing chips that can track hotel inventory.
On November 29, Chinese online education company VIPKid denied the rumors on WeChat saying the company is going bankrupt.
Alibaba Group’s financial services affiliate Ant Financial is preparing to raise $1 billion for a fund that will invest in fintech startups in Southeast Asia and India.
Ofo, plagued by bankruptcy rumors, has had a tough year trying to pay back user deposits. The Chinese bike-sharing startup recently launched a new controversial refund policy.
On November 17, Sunday, PC company HP, held the Beijing regional competition of the HP Dream Factory Innovation Hackathon in Beijing's co-working space Ucommune.
Artificial intelligence software company Megvii, also commonly known as Face++, expects their plans for an IPO in Hong Kong to be approved this week
Amidst the ongoing WeWork IPO debacle, hardly any other co-working space operator would dare to dream about a public listing.
Codemao, a Shenzhen-based online education platform that offers computer programming classes to kids, has completed its Series C financing round to the tune of $57 million.
LandSpace conducted a long-range trial of the variable thrust on its liquid oxygen methane engine TQ-12, which can be used for the recovery of reusable rockets, on October 26.
On October 24, the company behind the fitness app Keep started a big round of layoffs, according to 36Kr.
On October 24, celebrated in China as the programmers’ day due to the reference to the number 1024, XPENG Motors held a joint Tech Day with Tsinghua University.
51 Credit Card, China’s largest credit card service startup in terms of monthly active users (MAU), saw its share price plummet by 34.32% to $1.77 HKD today.