NewsCHINA BRIEF | Tencent’s WeChat quietly bans but then reintegrates QQ’s mini programThe Chinese social giant did not offer an explanation for this. 1 min read
The two companies will start all-around strategic cooperation. NewsCHINA BRIEF | Celebrity management agency Mountain Top closes USD 25.8 million Series B round led by ByteDance1 min read
The company offers online classes to preschool children. NewsCHINA BRIEF | London-based English instruction startup Lingumi raises USD 5.1 million from Alibaba Cloud ex-chief scientist’s VC fund1 min read
Revenues up 91% year-on-year but miss market predictions by USD 40 million. NewsCHINA BRIEF | Pinduoduo posts mixed Q4 earnings, fails to surpass JD.com’s GMV1 min read
Each needs to contribute RMB 533 million to the company’s registered capital. NewsDidi, Legend Holdings each gain 32% stake in Hyundai’s Chinese insurance business1 min read
The company has also provided disinfection robots to hospitals and hopes to expand in the medical industry. NewsCHINA BRIEF | Chinese maker of robot waiters closes USD 28.8 million Series B1 min read
China’s home decoration market is expected to hit a market size of USD 373 billion by 2020. NewsCHINA BRIEF | Home decoration supply chain startup Zhongzhuang Supei closes USD 7.2 million Series B1 round1 min read
The digital shop features around 3,600 Ikea products and home furnishing items. NewsCHINA BRIEF | Ikea launches flagship store on Alibaba’s Tmall1 min read
The company’s KN95 masks cost less than USD 1 apiece, much lower than other masks of the same category. NewsCHINA BRIEF | World’s largest aircon manufacturer begins sales of not-for-profit masks1 min read
