NewsDidi’s biking-sharing unit Qingju raises USD 600 million in Series BNew investment flows into China’s bike-sharing sector as the industry matures. 2 mins read
After teaming up with JD.com and Pinduoduo, Gome plans to take on market leader Suning. NewsChina’s former richest man is planning a comeback following jail time3 mins read
This is a snippet of China Venture Roundup Volume 23, covering China’s investment activity from February 8 – 14 2021. China Venture RoundupCloud service provider Cloopen Group’s stellar IPO debut | China Venture Roundup Volume 232 mins read
It’s the latest and biggest financing round in the hot community group-buying field. NewsGreengrocer Xingsheng Youxuan to bag USD 3 billion from Sequoia, Tencent, others2 mins read
Waterdrop had around 330 million paid users at the end of June. NewsKEY STAT | Tencent-backed online insurer Waterdrop eyes US listing1 min read
Wolfpack Research’s short position on the Guangzhou-based passenger drone firm is the latest fraud accusation against a US-listed Chinese company. NewsChinese flying taxi firm EHang struggles to repel short attack from Wolfpack Research3 mins read
China’s largest handset maker suffers from US sanctions Biden appears to back. NewsHuawei to more than halve smartphone output in 20212 mins read
The takeover of YY Live has been “substantially completed.” NewsBaidu reports solid profits, expects first EV within 3 years2 mins read
Kuaishou’s blockbuster Hong Kong debut showed the huge investor appetite in the short video market. NewsByteDance’s Douyin eyes New York listing: Report2 mins read