NewsEdtech firm Huohua Siwei scores USD 100 million in Series E2Huohua Siwei already attracted 85,000 daily learners on its various learning apps. 2 mins read
With the platform extending the maximum length for videos and introducing other updates, Channels could be WeChat’s next battleground to drive sales. NewsDouyin short-video rival WeChat Channels tests livestreaming feature2 mins read
Chinese fintech businesses could be the next target of the Trump administration, despite of having little presence in the United States. NewsUS reportedly considers restrictions on Ant Group, Tencent’s payment systems2 mins read
Mancando manages a network of franchises and auto parts brands such as Shimo, Zhiding, and Madun. InsightsRestructuring auto parts distribution in the world’s largest car market: Inside China’s Startups5 mins read
Think that’s high? The rate goes up to 50% for app stores in China, the world’s largest Android market. NewsGoogle to enforce 30% cut from app developers3 mins read
And its one last competitor Tencent Weibo just closed up shop. NewsKEY STAT | Sina Weibo sees users growth and revenue dip in second quarter 2020 results1 min read
New Ruipeng runs about 1,400 hospitals for pets in more than 80 cities. NewsTencent invests in China’s largest animal hospital chain1 min read
Golden Education offers in-classroom and online courses that help students pass various qualification tests on accounting, finance, and taxation. NewsTencent invests in financial training firm Golden Education1 min read
The rapid rise of Miniso’s brick-and-mortar store concept goes against the current e-commerce trend, and it also draws backlash from Muji and Uniqlo accusing it of counterfeiting. NewsTencent-backed variety retailer Miniso files for US IPO2 mins read