China VC Weekly reports the updated investment information in fields of Chips, Biotech, Cleaning Robots and Car Rental.
Luckin Lenders won an order to wind down two entities owned by Lu Zhengyao, Chairman of Luckin Coffee.
After receiving $70 million cross-border investment in 2018, Chinese RTC service provider Agora.io these days planned its U.S. IPO.
Chinese multinational internet company ByteDance is looking to launch a second corporate entity in India after ByteDance India Services Ltd.
Chinese ride-hailing giant Didi Chuxing has completed the first fundraising round of over $500 million for developing its autonomous driving technologies.
The CSRC has sent an investigative team to inquire into fraud allegations against Luckin Coffee. Several auditors are currently inspecting Luckin’s financial situation.
Chinese video sharing website Bilibili received $400 million in strategic investment from Sony and will further collaborate with the Japanese conglomerate, it announced on Thursday.
The coronavirus outbreak is still in full force, limiting business opportunities and impelling investors to put their activities on hold.
While China’s tier-one and tier-two cities keep rapidly expanding, making us marvel at the speed and quality of their development, the really astounding action is happening elsewhere.
Ant Financial announced the launch of the INCLUSION Fintech Conference, an event that aims to bring together the global financial and technology community.
Ant Financial has responded to rumors of dual listing IPO of both A-shares and H-shares, saying there is no plan or timetable for an IPO.
Alibaba has invested $10 million into XpressBees, an eCommerce logistics firm based in Pune, India.
According to local news on December 13, Samsung will increase its investment in its Chinese chip plant by $8 billion as the second stage of the second phase of the project.
Chinese short-video platform Kuaishou has raised its latest found of financing, to the tune of nearly $3 billion.
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.