NewsIndian short video app VMate gains USD 100 million from Alibaba to take on TikTokThe app now has 30 million monthly active users.1 min read
With 221.8 million monthly active users IMO makes up for more than half of YY's user base.NewsChina's live streamer YY expects its video conference app IMO to grow into a super app2 mins read
Its flagship SUV saw a steep drop in sales.NewsWith a gloomy outlook, Nio is laying off 3% of its staff1 min read
Uxin has been struggling while its rival's valuation soared.NewsUsed car marketplace Uxin raises USD 230 million via convertible bond sales1 min read
The film production company has a few hits under its belt.NewsAlibaba Pictures' losses narrow as marketing expenses are trimmed2 mins read
Its share price has dropped more than 60% in the past three months.NewsChinese news aggegator app Qutoutiao to buy back USD 50 million in shares1 min read
Mango TV is the fourth largest video site in China following iQiYi, Youku and Tencent Video.NewsChina Mobile buys into China's fourth largest video site at USD 230 million1 min read
The company says Huawei and JD are among its clients.NewsChinese startup Neolix Technologies starts to mass-produce self-driving delivery vans in Changzhou1 min read
It has in-house "vehicle-to-everything" technologies.NewsAlibaba buys into autonomous driving tech provider China TransInfo at USD 520 million1 min read