NewsEV maker Faraday might have a future after all as it raises new capitalThe company has tapped various sources to stay afloat. 3 mins read
The company has been focusing on new verticals such as car rentals and staycations. NewsKlook manages to raise USD 200 million amid recovery of domestic tourism2 mins read
Shares have more than doubled in the past 6 months. NewsBaidu to split shares ahead of rumored Hong Kong listing1 min read
Autonomous trailers co-developed by the company have been running on airports in China. NewsAutonomous driving startup Uisee gains state support in USD 150 million financing round2 mins read
4Paradigm has been recognized as the top machine learning platform in China for several years in a row. NewsChinese AI unicorn 4Paradigm adds fresh capital and new investors2 mins read
VSPN recently acquired the firm of Wang Sicong, son of Wanda-founder Wang Jianlin. NewsTencent-backed e-sports firm VSPN closes USD 60 million Series B+ round2 mins read
Lalamove’s orders increased 50% in 2020, despite a 93% year-on-year decrease in February. NewsOn-demand logistics firm Lalamove valued at USD 10 billion after new round2 mins read
It happens as Tesla is handing over its first Shanghai-made vehicles. NewsTesla Model 3 catches fire and explodes in Shanghai1 min read
Both cooperated on different initiatives in the past years. NewsAfter Baidu, Geely also teams up with Tencent on autonomous driving1 min read