Private Equity

The company, which was founded only recently, is already a unicorn.

Akrostar is just one of many domestics chip companies that are gaining investors’ favor as the country seeks to be self-reliant in core technologies like semiconductors.

Black Lake counts Xiaomi, Sinopec, Tesla, and L’Oréal among its clients.

The company has tapped various sources to stay afloat.

VSPN recently acquired the firm of Wang Sicong, son of Wanda-founder Wang Jianlin.

Lalamove’s orders increased 50% in 2020, despite a 93% year-on-year decrease in February.

The online purchase of fresh food is increasing rapidly in China.

A frenzy of SPAC mergers took place in 2020. In the coming year, blank check companies may give Southeast Asian tech companies a route to new investors.