Visual StoriesKEY STAT | Tencent acquires 10% stake in newly listed Warner Music GroupTencent aims to build an online music empire in China and then beyond. 2 mins read
New funds will be used to develop Miaoshou’s online services and insurance business. NewsCHINA BRIEF | Tencent-backed online medical unicorn Miaoshou Doctor closes USD 85 million Series D1 round1 min read
Tencent’s Honor of Kings and PUBG Mobile continue to be the highest-grossing mobile games worldwide. Visual StoriesKEY STAT | Honor of Kings drove up 15% of Tencent’s mobile game revenue in May2 mins read
Existing investor Tencent will secure 2.8% of Nio’s ADS for about USD 10 million. NewsNio to raise over USD 344 million by offering 60 million ADSs amid tight liquidity2 mins read
After two years of delay, the medtech unicorn plans on an IPO in Hong Kong for the third quarter of 2020. Visual StoriesKEY STAT | Tencent-backed healthtech WeDoctor plans USD 900 million Hong Kong IPO1 min read
The latest example of the growing prominence of corporate venture capital in China. NewsTrip.com launches VC firm to deepen travel industry investments2 mins read
In a bid to boost the economy, regulators around China have loosened restrictions on street vendors and food stalls. InsightsCoronavirus presents unexpected opportunity for China’s struggling street vendors4 mins read
The move follows Alibaba and NetEase, both of which moved to the Hong Kong Stock Exchange amid turbulent US-China relations. NewsChinese e-commerce giant JD.com steps towards Hong Kong secondary listing1 min read
Life can be problematic in China without a smartphone. InsightsI’ve lost my phone, now what?6 mins read