Q&AExclusive | Ex-YC China head Lu Qi on spinning off Y Combinator’s Chinese arm“I did not regret making this final decision.” 4 mins read
China is looking for alternative measures to boost the EV sector after cutting subsidies. NewsShenzhen requires new ride-hailing vehicles to be fully electric, starting in December2 mins read
The first batch of locally-made models will be delivered in the first quarter of 2020. NewsTesla to display its China-made Model 3 in local stores2 mins read
The Chinese tech giant has enrolled more than 5,000 drivers in Costa Rica in four weeks’ recruitment. NewsDidi Chuxing launches services in Costa Rica to continue its expansion in Latin America2 mins read
China is expected to ship over 100 million 5G mobile phones by 2020. NewsChina sees 400% monthly growth in 5G phone shipments, despite slowing smartphone market2 mins read
Hellobike and Bluegogo also adjusted their pricing policies this year. NewsMobike adjusts prices again and again to make up for the huge losses in Meituan’s bike-sharing sector2 mins read
The company is expecting a network of over 2,600 hotels by the end of this year. NewsCtrip-backed hotelier LvYue secures funding from Tencent and Goldman Sachs2 mins read
The company has reached the store level break-even point for the first time with a profit margin of 12.5%. NewsLuckin reports 540% revenue growth on quest to outnumber Starbucks storefronts in China2 mins read
The total auto sales also had a 4% decrease. NewsChina’s NEV market sees decline for four consecutive months with almost halved sales in October2 mins read
