NewsEdtech firm Huohua Siwei scores USD 100 million in Series E2Huohua Siwei already attracted 85,000 daily learners on its various learning apps. 2 mins read
In about two years, Flash Express has grown to be the second-largest private express delivery provider in the Southeast Asian country. NewsThai logistics firm Flash Express raises USD 200 million in Series D round2 mins read
Alibaba’s newest promotion mirrors a similar play by Pinduoduo in July and August. NewsAlibaba spurs competition with Pinduoduo by offering 100 million products almost free2 mins read
The company’s childhood education apps have gathered 10.3 million monthly active users in the second quarter of 2020, up 222% year-on-year. NewsEdtech firm iHuman surges 33.3% in NYSE debut2 mins read
With the platform extending the maximum length for videos and introducing other updates, Channels could be WeChat’s next battleground to drive sales. NewsDouyin short-video rival WeChat Channels tests livestreaming feature2 mins read
Didi Chuxing’s carpooling service, Hitch, faced significant setbacks when two passengers were killed by drivers using its app in separate incidents. NewsCarpooling platform Dida beats frontrunner Didi Chuxing to IPO filing2 mins read
Favored by millennials, the video site is to file a secondary listing, following the steps of its US-listed Chinese peers. NewsKEY STAT | Nasdaq-listed video streaming site Bilibili prepares secondary listing in Hong Kong1 min read
iHuman plans to sell 7 million American depositary shares at an expected price range between USD 11 and USD 13. NewsChinese e-learning firm iHuman pursues USD 84 million US IPO1 min read
Gaode Maps, acquired by e-commerce juggernaut Alibaba in 2014, is currently the most downloaded free iOS navigation app in China. NewsMost popular Chinese navigation app AutoNavi apologizes for faulty routing2 mins read
NewsDeals in brief: Naluri and Prefer raise funding, Antler invests in seven AI startups, six China deals, and more