Alibaba has invested $10 million into XpressBees, an eCommerce logistics firm based in Pune, India.
Tagstartup
Chinese tech start-up Suqu Net heeded to the age old desire for pristine hotel linens by designing chips that can track hotel inventory.
Ofo, plagued by bankruptcy rumors, has had a tough year trying to pay back user deposits. The Chinese bike-sharing startup recently launched a new controversial refund policy.
Codemao, a Shenzhen-based online education platform that offers computer programming classes to kids, has completed its Series C financing round to the tune of $57 million.
51 Credit Card, China’s largest credit card service startup in terms of monthly active users (MAU), saw its share price plummet by 34.32% to $1.77 HKD today.
GalaxySpace, a private Chinese satellite constellation provider, has finished another round of financing led by JIC Technology Investment on September 16.
It is indeed a private issue. In fact, the two parts of the company’s name Berry and Melon refer to the different sizes of women's breasts. The slogan April Zhao constantly brought up in her speech was “whether it's big or small, the pretty shape is all that matters.”
We sat down with Eyal Hoffman, CEO at Highroad, an Israeli incubator specialized in urban tech to discuss his interest in China, Israel’s success in urban tech and his vision for the future of smart cities.
American EV-startup Faraday Future has fired a number of employees who have been on unpaid leave for months.
On May 21, the United States Postal Service (USPS) announced that it is from now on going to ship mail and parcels on self-driving trucks, partnering with self-driving vehicle startup TuSimple.
Just over a month ago news surfaced that TikTok’s music licenses were expiring, which could put the company in a complicated situation.
Luckin Coffee, the company that is mainly known in the West for giving Starbucks a really hard time in China, is more than just another gastronomic novelty, it’s a phenomenon that reveals a lot about the changing nature of Chinese consumption.
Faraday Future has sold its Los Angeles headquarters in a desperate effort to stay afloat after dispute with their former main investor Evergrande.
On Dec. 19, 4Paradigm, a Chinese AI technology and service provider, announced it has completed its Series C funding round, raising over one billion yuan ($145 million). The rising star in AI is now valued at around 1.2 billion dollars.
Overseas Talent Entrepreneurship Conference (OETC), China's largest international startup business competition came to a close on August 10. A team from Beijing won the global championship while an American and a British team took home the second and third place respectively.