Google Backs Another Chinese Startup: Provides $120M to Chushou in D-Round Financing
Google is investing in a Chinese live streaming platform.
Zhang Yiming Says he hopes Toutiao could Become Another Google without Boundaries
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…
Alibaba is on the heels of Amazon
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….
The Rise, Fall, and Future of Chinese Money in Silicon Valley
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…