NewsSoftBank Vision Fund’s gains wiped out with USD 16.7 billion lossUSD 100 billion investment vehicle turns net negative after WeWork and other woes. 3 mins read
Huawei’s Ren Zhengfei and Tencent’s Pony Ma took the second and third positions, respectively. NewsAlibaba’s Jack Ma tops Fortune China’s list of influential business leaders in 20202 mins read
Yoshimitsu Goto says investors would rather Son have bigger stake, not smaller. NewsSoftBank CFO sticks to USD 41 billion asset sale plan despite coronavirus4 mins read
Sony joins Alibaba and Tencent as investors in Bilibili. NewsSony puts up USD 400 million for a 5% stake in Chinese Gen Z favorite Bilibili2 mins read
The smart microscope is the first of its kind to be allowed in clinical applications in China. NewsTencent develops AI-powered smart microscope to refine cancer diagnosis2 mins read
The demand for grocery products has sky-rocketed during the lockdown in India. NewsBigbasket raises USD 60 million bridge round led by Alibaba2 mins read
The Shenzhen-based internet giant has paid USD 262.6 million to take control of game livestreaming platform Huya. InsightsTencent bolsters lead in China’s video game livestreaming market, fending off rivals ByteDance, Alibaba3 mins read
WeChat, Alipay, and other popular apps find new purpose as lifeline in uncertain times. InsightsSuper apps help Chinese abroad weather coronavirus outbreak6 mins read
Meishang’s Chinese domestic brand Colorkey ushered in more than RMB 200 million in revenue in just one year since its Tmall debut. NewsCHINA BRIEF | Sequoia-backed cosmetics startup Meishang closes USD 28.3 million Series A1 min read