NewsKEY STAT | JD.com boosts users in China’s smaller citiesJD.com’s 2020 revenues increased 29.3% to USD 114.3 billion. 1 min read
The consumer brands segment has been described as the ‘last hot battlefield of Chinese VCs.’ InsightsWe are in the golden age for global consumer brands, entrepreneurs say11 mins read
Baidu has won bids for smart transportation projects in Chongqing, Changsha, Hefei, Baoding, Zhuzhou, and Yinchuan. NewsBaidu wins USD 16.1 million bid to upgrade roads for autonomous driving in Chengdu1 min read
Competitors include Beike and Zhuge.com. NewsReal estate portal Julive raises USD 61.5 million from Tencent, Oceanpine2 mins read
The startup rents out overhead equipment such as forklifts and excavators, and delivers them to the locations where they are needed. NewsMachinery rental platform Zhongneng raises USD 461 million amid infrastructure building boom2 mins read
The Shenzhen-based firm is running one of the most successful corporate VCs in the world. NewsKEY STAT | Tencent makes USD 120 billion from investments in stock rally1 min read
It was driven by increases in the average order size and number of active consumers. NewsOn-demand retail firm Dada says GMV on JD-Daojia doubled in 20202 mins read
Midea is one of Pinduoduo’s customer-to-manufacturer (C2M) partners. NewsPinduoduo and Midea to customize washing machines, plan to sell 1 million units1 min read
Livestreamers are offering the top-selling Hongguang Mini EV to its audience. NewsKuaishou now sells EVs via livestreaming3 mins read
