NewsXiangdao Chuxing secures USD 46 million in Series A from Alibaba and CATLAlibaba established a strategic cooperation with SAIC as early as 2014. 2 mins read
The area is the hometown of Chinese unicorns like ByteDance, Xiaomi, Didi, and Meituan. InsightsHow Zhongguancun became the innovation hub powering China’s tech aspirations6 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
Douyin Huoshan and Douyin have more than 600 million daily active users. NewsFormer Didi executive joins ByteDance’s Douyin Huoshan2 mins read
Latecomers have to be able to endure large-scale losses, says Haitong’s Natalie Wu. NewsByteDance and Kuaishou venture into China’s red-hot group-buying sector2 mins read
The vehicle includes ride-hailing-specific features taking into account driver and passenger safety, health, and comfort. NewsDidi, BYD unveil customized EV for ride-hailing2 mins read
VC firms have poured more than USD 80 billion into Asian travel and mobility tech startups from 2010 to 2019. InsightsAsia leads innovation in global travel, mobility tech sector6 mins read
Didi’s social group-buying service was initially launched as a standalone WeChat mini-program in June. NewsRide-hailing giant Didi adds group-buying feature to its flagship app2 mins read
SoftBank’s investment vehicle steps away from winner-takes-all playbook. InsightsVision Fund’s new strategy: smaller bets, bigger returns5 mins read
