In last week’s VC news, several prominent Chinese robotics companies raised considerable E-Finance rounds from investors, and more.
Chinese electric vehicle startup NIO has secured a $1 billion financial lifeline from several state-owned investors led by Hefei City Construction and Investing Holding.
Faraday Future's (FF) Global Partners Team recently released an open letter to its creditors, hoping they could vote in support of founder Jia Yueting’s bankruptcy and restructuring.
Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion.
At the Press Conference of the First Session of the 13th CPPCC National Committee, Richard Liu, CPPCC member and JD.com founder, provided some suggestions for young people establishing their own companies.
iMarkets reported on January 31 that Sequoia Capital, which has invested in Google and Apple, plans to raise an $8 billion venture capital fund to support Chinese investors.