NewsNIO’s Q1 EV delivery beats its own expected rangeSales this year might dip though, because of policy changes that cut EV car subsidies. 1 min read
China’s traditional heavy industries such as manufacturing and construction are due for a makeover. NewsChina’s industrial internet pioneer Zhongneng United raises USD 50 million in Series B round2 mins read
And they’re handing cash out to customers left and right. NewsChinese unicorn Luckin mortgages its coffeemakers for a $6.7 million loan (updated)1 min read
China’s three tech giants Baidu, Alibaba and Tencent all made “major announcements” on April 1st. NewsWhich Chinese April Fools’ joke got you best?1 min read
E-commerce brings convenience to millions of shoppers, but a worrisome side-effect is that it contributes to mounting packaging trash. NewsJD.com expands ‘green packaging’ to nearly 30 cities2 mins read
Alibaba is building its own live-broadcasting e-commerce empire, while simultaneously also being a backer behind Ruhnn, a platform that identifies and cultivates key opinion leaders. NewsTaobao’s ‘e-commerce via live broadcast’ empire aims higher as annual turnover exceeds USD 15b2 mins read
Will the new charges reverse the fortunes of the firm? NewsAfter making huge losses for Meituan, Mobike raises prices1 min read
This is reportedly the second utility of this nature in ByteDance’s portfolio. NewsByteDance acquires Chinese workflow tool Mubu1 min read
Fresh funds for fresh food. NewsTencent leads in grocery chain Yipien’s $297m Series B round1 min read