NewsCHINA BRIEF | Alibaba-backed AI chipmaker Cambricon to list on Shanghai’s Star marketThe company supplies NPU to Huawei. 1 min read
Toutiao Search is now available on Android app stores. NewsCHINA BRIEF | ByteDance launches standalone search app to take on Baidu1 min read
When the company was listed in New York last year, it was, on paper, the only profitable China-based online education provider. NewsCHINA BRIEF | Online education firm GSX Techedu dismisses bearish report as “sheer nonsense”1 min read
The Chinese conglomerate will take full control of the venture. NewsCHINA BRIEF | After Carrefour, Tesco exits China by selling stake in JV to China Resources for USD 300 million1 min read
The company has bagged USD 116 million in investments in less than one year. NewsCHINA BRIEF | Online kids’ content provider Kaishu Jianggushi closes USD 66 million Series C+ round joined by Temasek1 min read
Authorities say they will use e-signatures to facilitate online property transactions. NewsCHINA BRIEF | Hangzhou allows buyers and developers to close real estate deals online1 min read
Carrefour had been making losses for about seven years before the change in ownership. NewsCHINA BRIEF | Five months after being acquired by Suning.com, Carrefour China turns profitable1 min read
The Beijing-headquartered firm says is optimistic about the economic development of China. NewsCHINA BRIEF | Hillhouse Capital launches USD 1.4 billion fund to back early-stage startups1 min read
Companies must put in place measures to prevent group infections. NewsCHINA BRIEF | Chinese government urges e-commerce to resume amid effective control for coronavirus1 min read
