NewsCHINA BRIEF | Tencent-backed grocery app MissFresh bags USD 495 millionPrior to this round, MissFresh was already valued at USD 3 billion. 1 min read
Gaming giants including Tencent, Blizzard, Ubisoft, and Epic Games will join ChinaJoy in Shanghai next week while Sony and Microsoft tap out. NewsChinaJoy mega gaming event will go ahead, with face masks appearing alongside cosplay in 20204 mins read
Although environmental, social, and governance (ESG) standards are not new, Chinese firms have only recently begun to adopt them seriously. InsightsCatching up on ESG standards: How do Chinese companies perform in social investing?7 mins read
From ice cream, milk tea, to bottled drinks, internet-reliant F&B brands are gaining ground in China. Visual StoriesTECH PANO | How internet and venture capital are brewing a new crop of F&B brands in China5 mins read
Chinese scientists, including renowned doctor Zhong Nanshan, have been working with Tencent on the new AI tool. NewsA new COVID-19 AI tool from Tencent could tell doctors if patients are likely to become severely ill2 mins read
Xingsheng Youxuan leverages group-buying to provide groceries at bargain prices to residents who live near to each other. NewsCHINA BRIEF | Tencent-backed grocery app Xingsheng Youxuan to close USD 800 million pre-IPO round1 min read
WiMi Hologram Cloud shares nearly quadruple on Nasdaq day after Alibaba founder Jack Ma appears holographically at World Artificial Intelligence Conference. NewsAfter Jack Ma’s holographic appearance at an AI conference, shares of this Chinese company soared4 mins read
The situation is unclear, but some think a complete ban of the app is unlikely. NewsWeChat users in the US say a potential ban of the app would cut them off from friends and family in China4 mins read
Tencent’s last chance to challenge ByteDance’s dominance in the short-video sector. InsightsStill in beta-mode but with 200 million users, is ‘WeChat Channels’ a real threat to Douyin?6 mins read
NewsDeals in brief: Binance secures investment from MGX, Amber International debuts on Nasdaq, latest China deals, and more