NewsKEY STAT | China’s Tinder Momo reports unsatisfying Q2 earningsAnd the lackluster earnings results have brought down Momo’s share price. 1 min read
Boosted by the COVID-19 outbreak, livestreaming e-commerce in China is in its heyday. NewsKEY STAT | Alibaba sets new livestreaming sales goal for 20201 min read
The startup, which currently operates in Eastern China only, wants a slice of the USD 733 billion fresh food retail market. NewsGrocery retailer Bunnymaicai raises USD 10 million in Series A round2 mins read
The company’s products help doctors diseases quicker through AI-enabled image readings. NewsCHINA BRIEF | Medtech software maker Shukun raises USD 29 million1 min read
Alibaba-backed Best is trying to balance fast growth with dreams of profitability. InsightsLogistics firm Best applies Chinese growth model to take over Southeast Asia6 mins read
Xpeng, the third US-listed Chinese EV manufacturer after Li Auto and NIO, raised about USD 1.5 billion in its IPO. NewsCHINA BRIEF | Alibaba-backed EV maker Xpeng soars 41.5% on NYSE debut1 min read
New proceeds could be used for research and development in autonomous driving technologies and global market development. NewsCHINA BRIEF | EV maker Nio to raise USD 1.7 billion via new share offering1 min read
The company went public in February 2020. NewsKEY STAT | Wuhan-based snack seller Bestore Co reported profit drop due to the COVID-191 min read
Millennials are flocking to the career of social media KOL in China, but it could be a harder job than most people think. Visual StoriesTECH PANO | What is it like to be a social media KOL in China?4 mins read
