Xiaohongshu's possible Series E, US-based food delivery company seeing a surge in contactless takeaway orders, a Chinese ed-tech startup providing online research counseling, a medical diagnostic company and a major local hotel chain.
TagGGV capital
China’s VC market is coming into its own as the coronavirus outbreak seems to be easing its grip on the country.
After a record-setting 2018 that saw Chinese VCs ladle out cash to startups at mind-boggling valuations, current numbers spooked global investors, some of whom regard the diminished numbers as a sign of an imminent industry debacle.
Google is investing in a Chinese live streaming platform.
On the afternoon of October 10, in GGV2017 Lifestyle Change Conference held by GGV Capital (纪源资本) today, Zhang Yiming, the founder and CEO of Toutiao.com, said that only after making Douyin APP, which enables many people to display their life ways, did he find that what various lifestyles the society had. "Entrepreneurship enables you to contact…
Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value was $456.5 billion and Alibaba's was $450.7 billion. Their gap was just 1.3%. Almost two months ago, the gap in market value between these two companies reached $100 billion.…
When China’s uber-rich zero in on an asset class—be it Los Angeles mansions, French vineyards, or European soccer players—they can quickly drown it in cash. But Beijing can take the punchbowl away just as quickly, as Silicon Valley discovered late last year when China’s central government tightened controls over capital leaving the country. That move…