China VC Weekly: Fitness Tech, Groceries, Smart Car Washes and Big Data
This past week saw Keep, China’s answer to Nike’s Training Club, officially become the first unicorn in the world of fitness tech.
Tag: #keep
Showing 12 of 26 posts with this tag
Vice President of Tencent says Wechat will never read and store chat log
Huawei and Tencent in standoff over user data triggers discussion on the definition of user authorization and data security. On August 15, Ding Ke, vice preside...
"Copy to China" Companies that Just Aren't Fitting In Well
Let’s rewind back to the first 20 years of Internet development in China and talk about its business model. What everyone did back then was "Copy to China". We ...
Keep Lists on The Stock Exchange of Hong Kong with A Market Capitalization of $2 Billion
On July 12th, Keep, the first sports technology company, officially listed on The Stock Exchange of Hong Kong with the stock code "3650".
Kai-Fu Lee: I disagree with Elon Musk's "AI will destroy humanity"
Frankly speaking, I do not quite agree with the view of Elon Musk's that "AI will destroy humanity". I have specific views about five areas: AI is just a tool...
7/27/201711 min read
Faced with Possible Effects of Didi App Removal, Chinese Companies Keep, Ximalaya and LinkDoc Cancel IPO Plans in US
A number of Chinese companies have reportedly cancelled IPO plans in the U.S., in fear of national security review from the authority.
After fighting with Baidu, JD.com may join the BAT Group
JD's (京东）closing price on June 26 was $43.08, raising their total market value to $61.149 billion. They are quickly approaching to Baidu's total market value o...
Keep Raises $127 Million: Largest Funding Round in the Internet Fitness Industry
Internet fitness company Keep Inc. raised the single largest fundraising round in the world's Internet fitness industry, with Goldman Sachs leading the $127 mil...
7/11/20182 min read
China’s Most Popular Fitness App Keep Valued at $2 billion Following New Funding Round: Reports
The valuation of China’s most popular fitness app Keep has risen to about $2 billion following a $360 million funding round, according to Chinese tech news site 36Kr.
1/11/20213 min read
Costco Must Overcome Three Challenges to Break into the Chinese Market
In October, 2014, Costco opened up an overseas flagship store on TMall International to give e-commerce in China a shot. On January 23rd, 2016, Costco opened a...
Freestylers on Rap of China Go Viral
Rap Battles! Young folks showing others how it’s done If you’re looking for how freestyling is done, your best bet is by watching the TV series, the Rap of Chi...
Sports Tech Firm Keep Applies for Hong Kong IPO
Sports technology company Keep submitted its application on February 25 for a public listing in Hong Kong, with Goldman Sachs and CICC serving as co-sponsors.