NewsChina fines SPAC-linked fallen tech tycoon USD 37 million over IPO fraudJia Yueting faces penalty with Leshi even as Faraday Future looks to Nasdaq. 3 mins read
DJI is the latest Chinese company to join the EV frenzy, with some speculating it will provide auto companies with autonomous driving solutions. NewsKEY STAT | Drone manufacturer DJI ventures into auto sector, keeps product under wraps1 min read
The firm plans to roll out driverless mobility services for passengers in the US. NewsWeRide’s cars to go fully driverless in California1 min read
Large internet companies will only fear China’s anti-monopoly law when regulators break them up, says expert. NewsAlibaba strikes confident tone after record USD 2.8 billion anti-monopoly penalty2 mins read
Ride-hailing giant’s value expected to reach range of USD 70 billion to USD 100 billion. NewsChina’s Didi prepares for IPO in US, sources say2 mins read
The Tencent-backed grocery delivery platform operates in 16 cities in China. NewsKEY STAT | Online grocer MissFresh privately files for IPO in the US1 min read
Only math classes running until June are still available on Dami’s platform. NewsVIPKid downsizes group class platform Dami Wangxiao2 mins read
Both Free Fire and PUBG benefited from the ban of Fortnite in the US market. NewsGarena Free Fire tops Tencent’s PUBG Mobile for the first time in the US2 mins read
Expenditures for new initiatives and fierce competition were cited as the main reasons for the losses. NewsShares of logistics giant SF drop 10% after unexpected Q1 loss1 min read