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In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

Autonomous Vehicles is about self-driving. A self-driving car is also known as a robot car, autonomous car, or driverless car, is a vehicle that is capable of sensing its environment and moving with little or no human input.

Autonomous Vehicles

Robotics

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

New funds will be used to develop visual controlling and sensing systems for unmanned vehicles and for business development.

CHINA BRIEF | Unmanned storage solution provider VisionNav Robotics scores USD 14 million in Series B1 | KrASIA

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CHINA BRIEF | Unmanned storage solution provider VisionNav Robotics scores USD 14 million in Series B1

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/b1f58c52050738746ae9a2be6555a9ab?s=96&d=mm&r=g

Song Jingli

BOC International, the investment bank unit of state-owned Bank of China is one of the investors.

CHINA BRIEF | Medical AI startup Shukun closes USD 28.2 million Series B1 round | KrASIA

CHINA BRIEF | Medical AI startup Shukun closes USD 28.2 million Series B1 round

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

Medical technology, or "medtech", encompasses a wide range of healthcare products and is used to treat diseases and medical conditions affecting humans. 

MedTech

New funds will be used to develop Miaoshou's online services and insurance business.

CHINA BRIEF | Tencent-backed online medical unicorn Miaoshou Doctor closes USD 85 million Series D1 round | KrASIA

CHINA BRIEF | Tencent-backed online medical unicorn Miaoshou Doctor closes USD 85 million Series D1 round

Didi Chuxing Technology Co., formerly Didi Kuaidi, is a Chinese transportation network company, artificial intelligence and autonomous technology conglomerate.

Didi

Food Delivery

Grocery Delivery

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

The two companies are overlapping in some sectors.

Didi denies rumors about acquisition by Meituan Dianping | KrASIA

Didi denies rumors about acquisition by Meituan Dianping

JD.com, Inc., also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

The firm's shares will begin trading on the Hong Kong stock exchange on June 18.

CHINA BRIEF | JD.com to raise USD 3.9 billion in Hong Kong secondary listing | KrASIA

CHINA BRIEF | JD.com to raise USD 3.9 billion in Hong Kong secondary listing

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

social media

Weibo

China's cyberspace administration forced Weibo to pause certain features for one week in the wake of a scandal involving an Alibaba exec.

Regulators punish Weibo for cutting info about Alibaba exec's scandal | KrASIA

Regulators punish Weibo for cutting info about Alibaba exec&#8217;s scandal

The Internet of things (IoT) is the extension of Internet connectivity into physical devices and everyday objects. Embedded with electronics, Internet connectivity, and other forms of hardware, these devices can communicate and interact with others over the Internet, and they can be remotely monitored and controlled.

The investment was led by CTC Capital and joined by private equity firm Sinowisdom.

CHINA BRIEF | IoT chip firm Xinyi bags USD 28.3 million in Series A+ round | KrASIA

CHINA BRIEF | IoT chip firm Xinyi bags USD 28.3 million in Series A+ round

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

The startup is in preparations for an initial public offering but has shifted the destination from the US to Hong Kong, following the Luckin scandal.

CHINA BRIEF | On-demand tea company Naixuecha scores USD 100 million in investment | KrASIA

CHINA BRIEF | On-demand tea company Naixuecha scores USD 100 million in investment

The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. 

Automotive Aftermarket

The fresh funds will be used to develop new auto parts, build new warehouses, and to digitalize its business.