NewsAfter Baidu, Geely also teams up with Tencent on autonomous drivingBoth cooperated on different initiatives in the past years. 1 min read
S&P Global Ratings estimates the market at just over USD 20 billion in 2020 and expects growth of 50-60% this year. NewsSF Express makes hurried entrance into neighborhood group-buying2 mins read
Short-video company targets e-commerce for growth, in defiance of leader Alipay. NewsByteDance unveils payment service for China’s version of TikTok3 mins read
The online purchase of fresh food is increasing rapidly in China. NewsCold-chain logistics firm Xianshenghuo raises USD 92.5 million in Series A2 mins read
Each user on average displayed the health code 25 times since being launched. NewsKEY STAT | WeChat health code served 800 million to track COVID-191 min read
Alibaba, Tencent, Baidu, and Meituan have all used variable interest entities to dodge rules on capital activity. InsightsChina’s tech giants must navigate new antitrust rules on investments4 mins read
The tragedy calls attention to the lack of workplace protections and benefits for around 200 million gig workers in China. NewsAlibaba’s Ele.me covers medical costs for delivery driver who lit himself on fire over pay dispute2 mins read
Major platforms, such as Alipay and JD Finance, removed deposit products last month. NewsChina prohibits proxy sale of bank deposit products2 mins read
Pinduoduo planned to promote its new service Duoduo Pay and grocery group-buying platform Duoduo Maicai. NewsByteDance’s Douyin to replace Pinduoduo as red packet sponsor of CCTV gala2 mins read
NewsDeals in brief: Wavemaker Impact backs Virdalis, MetaComp and dtcpay raise funding, PixVerse reaches unicorn status, and more