NewsUS appeals court squashes WeChat ban, Tencent share price shoots upTencent share prices rose 4.1 % on Tuesday following the court’s decision. 2 mins read
Ant Group’s shares will be ready for public trading in Shanghai and Hong Kong next week. NewsKEY STAT | Ant Group sets prices to raise USD 34.5 billion in the world’s biggest dual IPO2 mins read
Top Chinese car-sharing company Gofun closed its first fundraising round since 2017. NewsUnlicensed Tesla-sharing service emerges in China, putting spotlight on once thriving industry2 mins read
Founded in 2015, Fourier sells physical rehabilitation equipment and robots to hospitals, rehabilitation centers, and research institutes. NewsRobot maker Fourier Intelligence closes USD 15 million Series C to meet increasing rehabilitation needs2 mins read
The transaction volume in Chinese cross-border e-commerce reached USD 1.2 trillion last year, up 13.09% YoY. NewsChinese consumer electronics maker VanTop raises RMB 300 million from Sequoia China1 min read
China’s National Social Security Fund is the biggest external institutional shareholder of Ant Group. NewsKEY STAT | 1.3 billion Chinese citizens to benefit from Ant Group IPO1 min read
ByteDance said that it is considering to spin off some businesses for standalone listings, but that has yet to be finalized. NewsByteDance considers listing Douyin business in Hong Kong1 min read
The company will use new funds to build e-sports facilities and roll out short video e-sports content, among other initiatives. NewsTencent and Kuaishou invest in e-sports startup VSPN2 mins read
The Aqumon app, which has been downloaded 100,000 times, offers access to low-cost ETF portfolios. NewsMagnum Research closes pre-Series B round backed by Lenovo Capital, Alibaba, others1 min read
