NewsSMIC co-CEO Liang Mongsong departs as the company hires former TSMC execMSCI is removing SMIC from its Global Investable Market Indexes. 2 mins read
The USD 129 billion raised in 2020 mark a historical high for Chinese companies. NewsKEY STAT | Chinese companies raised record-breaking amount of money in global IPOs1 min read
The share of new energy vehicles in China is predicted to rise to 20% of overall new car sales by 2025. NewsBaidu considers entry into electric vehicle production: Report2 mins read
Chinese tech firms JD.com, Meituan, and Didi have also been trying to persuade their users to ditch WeChat Pay and Alipay. NewsPinduoduo unveils payment service Duoduo Pay for its 731 million users2 mins read
Vetreska intends to open additional cat cafes in five different Chinese cities in 2021. NewsPet lifestyle startup Vetreska closes Series B round, launches fashion line for humans2 mins read
“The internet industry is not a place outside the anti-monopoly law,” said the State Administration for Market Regulation. NewsKEY STAT | Alibaba, China Literature, and Hive Box fined by market regulator for violating anti-trust laws2 mins read
The group-buying sector is also increasingly facing headwinds from suppliers. NewsJD pours USD 700 million into Xingsheng as neighborhood group-buying draws attention from state2 mins read
Pioneers included in the 36 Under 36 list have paved the way towards new ways of serving consumers and helping workers Insights36 Under 36: What’s the secret behind the success of Chinese under-36 entrepreneurs?6 mins read
The global eye-tracking market is expected to surpass USD 1.82 billion by 2024. InsightsCan eye-tracking tech become a normality? This firm thinks so: Inside China’s Startups4 mins read
