NewsMedtech firm Yuanxin raises USD 465 million from Sequoia and TencentYuanxin runs online presences for more than 200 traditional hospitals. 1 min read
Several tech firms will have generous bonuses for its employees. NewsKEY STAT | Kuaishou announces employee dividend as share price rockets1 min read
TME’s US-listed stock has more than doubled since its debut in 2018. NewsTencent Music Entertainment mulls USD 5 billion secondary listing in Hong Kong1 min read
Guangzhou-based Vision Medicals focuses on gene technology innovation and infection precision medicine. NewsTencent leads USD 31 million Series C round into gene technology firm Vision Medicals2 mins read
Experts weigh in on the clash between the Chinese tech giants. NewsByteDance’s Douyin sues Tencent, claiming antitrust violations2 mins read
Tencent is looking to consolidate shoppers’ data and traffic within WeChat. NewsTencent pilots centralized portal for retailers’ WeChat mini programs in new e-commerce attempt3 mins read
Kuaishou is more of a social community, while chief rival Douyin functions like a media and entertainment platform. Visual StoriesBIZ IN GRAPHICS | How Kuaishou and Douyin make a business out of short videos2 mins read
VSPN recently acquired the firm of Wang Sicong, son of Wanda-founder Wang Jianlin. NewsTencent-backed e-sports firm VSPN closes USD 60 million Series B+ round2 mins read
Although group-buying has been around in China way before the COVID-19 pandemic, the sector enjoyed renewed popularity thanks to social distancing measures. VideosVideo | China’s tech companies are greengrocers now1 min read
NewsDeals in brief: Podium nets Series A1 funding, Gyges Labs backed to redefine wearables, xAI raises USD 5 billion, and more