Showing 12 of 75 posts with this tag
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.
Driving startup WeRide on Tuesday announced the acquisition of MoonX.AI, an autonomous trucking startup.
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.”
Chinese autonomous driving system startup Zongmu Technology announced that it has raised a total of $190 million in its Series D round of funding, including from a Xiaomi-backed investment fund.
Well-Link, a Chinese cloud gaming services provider, announced that it has completed a B2 round of financing totaling $40 million yuan, led by Temasek.
It’s a daunting task, but a growing cohort of domestic startups in the meat-loving country, along with a few foreign firms, are on a mission to reverse the trend.
Faraday Future has sold its Los Angeles headquarters in a desperate effort to stay afloat after dispute with their former main investor Evergrande.
Zilliz, a vector database company, announced on August 25 its completion of a B+ round of financing totaling $60 million, increasing its overall round-B funds $103 million.
Cooking-sharing app Home-Cooked has halted operations, indicating the downsides of sharing economy in today’s China.
Uniner Technology, a cloud-native robotic process automation (RPA) manufacturer, has secured round-A financing, jointly led by Sky9 Capital and Haochen Capital.
American EV-startup Faraday Future has fired a number of employees who have been on unpaid leave for months.
Xiaomi injects funds into bodybuilding course maker I-Fitness, Julive rakes in 400 million yuan, Allianz tightens partnership with WeLab, while Xpeng Motors secures a new commitment from the Guangdong government.