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Song Jingli

Journalist • [email protected]

Song Jingli

News

Nio’s CFO resigns under heavy funding pressure with no immediate replacement

The EV maker might need another USD 2.1 billion in cash between 2019 and 2020 to stay afloat.

2 mins read

The pilot service will be operative on public roads.
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Hyundai, Via and Chinese startup Pony.ai launch robotaxi pilot service in California
2 mins read
A move in line with Alibaba’s Double H strategy.
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Alibaba’s affiliates invest USD 1 billion in China’s major physical examination platform Meinian Healthcare
2 mins read
Yinyuebang may also be ByteDance’s solution to acquiring rights to new music.
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ByteDance is incubating a music app to take another crack at social networking in China
2 mins read
The online home decoration platform is now a unicorn.
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Chinese home decoration platform Kujiale raises USD 100 million in Series D+ round
2 mins read
It still takes time for Pinduoduo to prove its value to investors as it is still unprofitable.
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Pinduoduo exceeds JD.com on market cap, lagging behind Alibaba, Tencent and Meituan
1 min read
Keep said businesses that fail to work well will be cut.
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Goldman Sachs-and-Tencent-backed health tech startup Keep fires programmers to keep fit
1 min read
This marks the largest fundraising in the infant-focused programming sector in China.
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China’s online programming courses provider Hetao Biancheng raises USD 50 million in Series B
1 min read
Was the IPO really necessary?
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Africa’s top phone vendor Transsion’s plan to use 94% of its IPO proceeds to invest in financial products stirs controversy
2 mins read