Following the Feb. 8 ban of the invite-only social media app Clubhouse, two copycat products have already been fully developed and launched in a race to replace the app within the domestic market.
Chinese car-sharing provider GoFun recently completed its Series B financing with several investors amounting to hundreds of millions of RMB.
Chinese health food brand Sharkfit completed A round of financing worth 15 million yuan backed by Plum Ventures, 36Kr reported.
ChiNext, which has been in operation for more than ten years, has ushered in its biggest reform: piloting the registration-based IPO system.
Xpeng Motors said in a filing with SEC on Aug. 21 that the company plans to issue 85 million American Depositary shares in the range of $11 to $13 per share in their US IPO.
36Kr is said to be planning to list their media department on NASDAQ in the United States as they seek to raise $100 million.