On-demand Services

When people stayed home, business boomed for the established firms while also creating irresistible incentives for new players.

Self-driving technology companies including Didi, Pony.ai, and AutoX all raked in fresh capital this year.

The firm trains caretakers and recommend them to families that need their service.

The Chinese capital has reported 236 new cases of coronavirus since June 11.

Coffee Box will shut down almost all of its brick-and-mortar stores and focus on online channels.

Alipay hopes to increase adoption of the app among SME owners, while spurring consumer spending in China’s coronavirus-hit economy.

The startup is in preparations for an initial public offering but has shifted the destination from the US to Hong Kong, following the Luckin scandal.

2020 has been a tumultuous year for Luckin Coffee, which is holding on to a thread as an accounting scandal now threatens the firm with delisting.