China Venture Roundup Volume 36 covers China’s investment activity from May 10 – May 16, 2021.

Zuo established the online platform Beike in 2018.

CEO says it is ‘too early’ to decide whether to follow Foxconn and TSMC to US.

Although several Chinese education companies were fined in April, Zhangmen hasn’t received any warnings or penalties so far.

The group’s retail business, which targets price-sensitive buyers, is struggling to make money amid fierce competition in the sector.

The Chinese fintech sector is changing, and Ant Group needs to find new ways to grow its business.

China’s sportswear industry has grown exponentially in the last 2 decades, banking on consumer awareness and new preferences. Local brands are now catching up to global giants Nike and Adidas.

Baidu’s autonomous driving unit Apollo is morphing into an income driver outside of its advertising business.