NewsNio to raise USD 1.3 billion in convertible notes following launch of new sedanAnalysts are skeptical about the sustainability of Nio’s growth. 2 mins read
WeChat Read, with 210 million registered users, has grown on the back of the WeChat network. NewsWeChat is reportedly releasing a Kindle-like e-reader2 mins read
Baidu and Bilibili are also reportedly planning secondary listings in Hong Kong. NewsKEY STAT | Trip.com also considers ‘homecoming’ listing in 20211 min read
Here’s a look at the key trends in China’s capital markets. Visual StoriesTECH PANO | A year of ups and downs: China IPO review4 mins read
Proposed reshuffle includes under-fire lending and insurance platforms. NewsAnt eyes holding company structure under regulatory pressure3 mins read
China’s EV companies have been posting record-breaking sales in the latter half of 2020. NewsKEY STAT | New energy vehicles account for less than 2% of China’s car fleet in 20201 min read
The fitness tech company reportedly reached a valuation of USD 2 billion. NewsChinese fitness startup Keep secures USD 360 million in Series F led by SoftBank’s Vision Fund2 mins read
The social commerce firm is being criticized for its long working hours. NewsPinduoduo’s troubles deepen after second worker dies2 mins read
Chinese consumers are expected to account for 50% of the global luxury market by 2025. Second-hand luxury platforms have also sprung up in China to gain a slice of the market. InsightsTi’amoo gives luxury bags a second owner: Inside China’s Startups5 mins read
NewsDeals in brief: Wavemaker Impact backs Virdalis, MetaComp and dtcpay raise funding, PixVerse reaches unicorn status, and more
