Meituan’s young female users are 3 times more likely to order milk tea than their male counterparts NewsMeituan delivered 210 million orders of milk tea last year1 min read
The price of the offering and the amount of shares to be sold have yet to be decided NewsAfter booking huge loss, Tencent-backed Huya plans a share sale to raise USD 550m1 min read
The company’s register capital has dropped drastically from RMB 1.03 billion to RMB 430 million NewsForeign shareholders leave Ant Financial-backed Hellobike1 min read
The firm just had raised USD 171m from Alibaba NewsCash-hungry news app Qutoutiao raises another USD 33m via public offering2 mins read
Fresh funding for the Ant Financial-backed contestant in China’s bike sharing race NewsBike-sharing upstart Hello Chuxing seeks to raise up to USD 1 billion2 mins read
Telcos in China, as in other markets, are feeling the squeeze from shifting consumer habits. NewsCall me maybe? Daily airtime for Chinese mobile phone users continues to drop2 mins read
Weak appetite from individual investors. NewsAlibaba-backed influencer platform Ruhnn takes a dive after Nasdaq debut1 min read
The funds will be used for “general corporate purposes.” NewsTencent raises USD 6 billion in one of the largest bond sales in Asia for 20192 mins read
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