NewsJD’s fintech arm tests social app for college studentsIn a hope that students can become users for its financial products. 1 min read
Industry watchers say the move shows Tencent’s confidence in the loss-making auto manufacturer. NewsTencent places bigger bet on struggling EV maker Nio1 min read
It can be called China speed. NewsAlibaba’s Cainiao ups rivalry with SF Express by promising 24-hour delivery through couriers alliance1 min read
Competition heats up after rival Megvii files for an IPO in Hong Kong. NewsChinese AI giant SenseTime sees valuation surge above USD 7.5 billion1 min read
China’s largest ride-hailing platform is accused of dodging regulation on purpose and its app is at risk of being removed from the marketplace. NewsDidi slapped with USD 1.4 million fines by Shanghai authorities1 min read
The deal is in line with the social giant’s To-B strategy. NewsTencent pours USD 120 million into Xiaoshouyi in China’s largest CRM investment in history1 min read
The social and gaming giant is actually an earlier investor for this startup. NewsTencent-backed Kuaishou invests in comic startup Crossingstar as China’s manga scene grows1 min read
It collected “multiples of RMB 100 million” from investors including New Oriental Education. NewsChinese online math-teaching platform VIPThink raises big round amid heating edtech sector1 min read
It seems that this is not Carsten Breitfeld’s first invitation to steer a Chinese EV startup. NewsFaraday Future hires away ex-BMW exec Carsten Breitfeld into its rescue2 mins read
