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On May 18, it was announced that Lu Qi stepped down from daily operations “for personal reasons”. NewsBaidu shakes further, which is good news for AI startups1 min read
Meituan-Dianping and its bold expansion plans. InsightsMeituan-Dianping seeks Hong Kong IPO in September, too big to raise venture capital?3 mins read
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Alibaba Health Information Technology aims to broaden its investments in AI. NewsToday’s Tech Headlines: Ant Financial claims 622m users and has $345bn worth of assets4 mins read
Investments in enterprise services, autonomous driving and education. NewsDeals | China DealBook: Ant Financial leads over $15.7 million round of BPaaS startup Pilipa2 mins read
The company hopes to address the pain points of financial intermediaries in information acquisition. NewsDeals | Baidu Ventures co-led Financial Search Engine Jianwei Data Pre-A Round2 mins read
All you need to know about what happened on May 17. NewsToday’s Tech Headlines: Go-Jek expands QR code-based payment services4 mins read
Investments in enterprise services and big data. NewsDeals | China DealBook: Tencent Cloud invests in CODING; Meituan-Dianping acquires Passiontec2 mins read
Tencent excellent quarterly results came just in time to bolster investors’ confidence. InsightsChina’s Tencent spectacular first quarter results allay growing investors’ fears4 mins read
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