This is the second JD.com spinoff to list after JD Health raised USD 3.5 billion in December.

iQiyi has 101.7 million subscribing members and 100.7 million individuals with trial memberships.

B2B startups in China are racing to define the standards for tech-empowered processes, and a rapid evolution is taking place in how businesses operate.

Tesla has faced a number of lawsuits from Chinese customers accusing the company of fraud and deceptive sales practices.

The platforms took a wait-and-see attitude, rather than actively addressing their problems.

265 million people are expected to travel during the five-day vacation in early May.

The EV maker suspended its production for five working days at the end of March due to a lack of chips, which is likely to affect deliveries in April.

China Venture Roundup Volume 30 covers China’s investment activity from April 19 -25, 2021.