NewsTencent posts strong Q1 earnings, readies investment boost despite regulatory riskTencent increased its profits to USD 7.3 billion in the first quarter. 2 mins read
Orca’s self-driving boats are mapping the country’s urban rivers, lakes, and reservoirs. InsightsOrca-Tech’s autonomous watercraft are clearing trash out of waterways | Inside China’s Startups4 mins read
China Venture Roundup Volume 36 covers China’s investment activity from May 10 – May 16, 2021. China Venture RoundupByteDance co-founder Zhang Yiming steps down as CEO | China Venture Roundup Volume 362 mins read
Zuo established the online platform Beike in 2018. NewsBeike founder Zuo Hui passes away at age of 501 min read
CEO says it is ‘too early’ to decide whether to follow Foxconn and TSMC to US. InsightsTaiwan’s Powertech happy at home as chipmaking peers head overseas5 mins read
Although several Chinese education companies were fined in April, Zhangmen hasn’t received any warnings or penalties so far. NewsSoftBank-backed Zhangmen files for US IPO as China steps up regulation on private education2 mins read
The group’s retail business, which targets price-sensitive buyers, is struggling to make money amid fierce competition in the sector. NewsKEY STAT | JD.com maintains momentum with nearly 40% revenue growth in Q11 min read
ByteDance’s head of human resources, Liang Rubo, will step in as CEO. NewsByteDance co-founder Zhang Yiming steps down as CEO1 min read
The Chinese fintech sector is changing, and Ant Group needs to find new ways to grow its business. InsightsAnt Group searches for direction in a new era of Chinese fintech7 mins read
NewsDeals in brief: Vertex Ventures backs ReN3 and Formas.ai; Featherless and SiamDL raise Series A funding; latest China investments, and more