NewsPinduoduo names new CEO, founder Colin Huang remains as chairmanThe new CEO, Chen Lei, is also a founding member of Pinduoduo. 2 mins read
China’s largest food delivery company invested more than USD 14 million into the robot manufacturer. NewsMeituan raises bet on autonomous robots with investment in PuduTech2 mins read
The new JV, called Wibot, hopes to bring autonomous street-cleaning vehicles to the US and Europe. NewsCHINA BRIEF | Autowise.ai teams up with Boschung to bring autonomous street sweepers to Europe, US1 min read
Byton, which promised a vehicle with a 48-inch video screen spanning the whole dashboard, is unlikely to launch its debut model anytime soon. NewsEV maker Byton suspends operations in China, files for bankruptcy in North America and Europe2 mins read
HiRain manufactures automotive electronics as well as next-generation solutions related to autonomous driving, new energy, and IoV. NewsCHINA BRIEF | HiRain Technologies scores USD 30 million to speed up autonomous driving business1 min read
Let bygones be bygones? NewsCHINA BRIEF | Chinese appliances maker drops Tmall lawsuit, announces Alibaba deal1 min read
The fundraising round comes at a time when the Chinese government is pushing to build new digital infrastructure. NewsCHINA BRIEF | Smart parking solution provider AIpark closes USD 42.4 million Series C round1 min read
New funds will be used to expand the company’s 3D modelling and rendering technologies to other products. NewsCHINA BRIEF | Design software developer 4D ShoeTech raises USD 14 million in Series A+1 min read
The firm trains caretakers and recommend them to families that need their service. NewsCHINA BRIEF | Nanny-training company Haoyun Mama closes USD 7 million Series A round1 min read
