NewsCHINA BRIEF | Tencent-backed payments unicorn Airwallex scores new investment from AlibabaAlibaba will support Airwallex’s growth in the Greater China region. 1 min read
Ant is seeking a valuation of more than USD 200 billion, according to a Reuters report. NewsCHINA BRIEF | Alibaba affiliate Ant Group starts dual-listing in Shanghai and Hong Kong1 min read
WiMi Hologram Cloud shares nearly quadruple on Nasdaq day after Alibaba founder Jack Ma appears holographically at World Artificial Intelligence Conference. NewsAfter Jack Ma’s holographic appearance at an AI conference, shares of this Chinese company soared4 mins read
Chinese AI firms have long relied on VC funding to bolster R&D, but as investment activity cools in a global recession, challenges await. Visual StoriesTECH PANORAMA | How China’s four tigers of AI tech torn between hyped valuation and profitability dilemma [Update]4 mins read
For Chinese companies, a stealthy trend towards privatization runs parallel to a recent wave of dual-listings. InsightsWhat is driving the privatization trend for Chinese listed companies?7 mins read
Uinnova develops visualization software to facilitate IT and IoT system maintenance. NewsCHINA BRIEF | Jack Ma-backed software company Uinnova closes USD 25.6 million Series B+ round1 min read
Tungee’s more than 3,000 clients include Alibaba, China Mobile, Focus Media, and NetEase. NewsCHINA BRIEF | Alibaba-backed software firm Tungee closes USD 17 million Series B led by Sequoia Capital1 min read
Will WeChat become an e-commerce app? NewsTencent launches feature for selling products directly on WeChat2 mins read
Over 150 million users have joined mutual aid programs as of the end of 2019 in China. VideosVideo | Mutual aid platforms, the best alternative to commercial health insurance for millions of Chinese1 min read
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more